This month a new bitcoin business is opening in the prominent Dizengoff Street region in Tel Aviv called “Bitcoin Change.” Over the past month, as pictures were shared across the web, bitcoiners have wondered what kind of cryptocurrency services the establishment would offer Israeli residents. Further, the store also got us here at Bitcoin.com curious because the entire shop is covered with our unique bitcoin logo designs. According to recent reports, the operation Bitcoin Change, co-founded by Abe Ziv hosts a bitcoin ATM that accepts Israeli Shekels and a few other national currencies. Alongside this, the shop will feature a historical exhibit of bitcoin innovation.
Tel Aviv Gets a New BTM and Bitcoin Museum in the Historical Bauhaus Center
The Bauhaus Center Shop’s Main Goal is to Make Bitcoin Accessible to All
Currently, the Bitcoin Change shop in Tel Aviv is under construction until September 10, 2017.
Bauhaus Center in Tel Aviv is a trendy region for tourism in Israel as Europeans, Americans and people from many other countries are frequent visitors. In an interview with the store’s operator, Ziv, the co-founder also details the shop will feature a machine that exchanges bitcoin for altcoins in the near future. Ziv explains the current bitcoin teller machine is fully compliant with Israeli AML regulations. According to residents in the area, the BTM charges a fee of 4 percent which is lower than the “Bits of Gold” Israeli bitcoin ATM that charges 5 percent.