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Bitcoin Well Inc V.BTCW

Alternate Symbol(s):  BCNWF

Bitcoin Well Inc. is a Canada-based company engaged in the non-custodial bitcoin business. It makes bitcoin useful to everyday people to give them the convenience of modern banking. The company operates two business units, consisting of Bitcoin ATMs and the Non-custodial bitcoin platform (Online Bitcoin Portal). The Bitcoin ATM business unit operates a fleet of approximately 190 Bitcoin ATMs placed and operating throughout Canada. The Online Bitcoin Portal platform offers customers the fastest and safest way to buy, sell and use bitcoin online in Canada and the United States of America. This business unit is designed to offer bank-like functionality coupled with the benefits of bitcoin. Its products include ATM, OTC, Buy bitcoin, ell, bitcoin, Use bitcoin, E-transfer, Cash Vouchers, Bitcoin Well Agent, and Bitcoin Well affiliate. Its smash buy provides services to buy real bitcoin instantly and send dollars from your bank and receive bitcoin on the blockchain as soon as it arrives.


TSXV:BTCW - Post by User

Comment by foundalphaon Jul 30, 2021 1:41pm
223 Views
Post# 33632745

RE:RE:RE:RE:Link to Bitcoin Well fact sheet

RE:RE:RE:RE:Link to Bitcoin Well fact sheetI don't think most people would utilize a bitcoin ATM to regularly pay all of their bills. Rather, they could choose to pay the occasional bill, especially if their holdings go up in value. Also, I would assume when utilizing the ATM to pay a bill that a commission isn't charged because the bitcoin isn't being converted back to cash.

One last point - although they've established a really solid business with bitcoin ATM's (that they will continue to scale), I think their focus will be in other related high-growth areas.
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