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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 fintech business, which future-proofs money by making bitcoin useful to everyday people. The Company’s segments include Bitcoin ATM business (ATMs), and Non-custodial bitcoin platform (Online Bitcoin Portal). The ATMs segment comprises sales and expenses related to the Company's Bitcoin ATMs. The ATMs segment is operating a fleet of over 180 Bitcoin ATM machines placed and operating throughout Canada. The Online Bitcoin Portal segment includes sales and expenses related to the Company's Bitcoin platform. The Online Bitcoin Portal offers Canadians the safest way to buy, sell and use bitcoin online and is designed to offer bank-like functionality coupled with the benefits of Bitcoin. It offers three payment methods, such as Interac e-Transfer, Recurring buy (DCA), Bank transfer- United States, and Cash. The Company offers its services to real estate professionals, agriculture, sovereignty, beginners, and business.


TSXV:BTCW - Post by User

Post by AbbasHaideron Sep 27, 2021 3:19pm
211 Views
Post# 33925171

Find out how Bitcoin Well is poised to take over bitcoin

Find out how Bitcoin Well is poised to take over bitcoinBNN posted an article about Bitcoin Well Inc. The article discusses the cryptocurrency industry, and the company's vision and model.

Cryptocurrency legitimacy is rising, but with it comes the growing government regulations that are becoming increasingly difficult to navigate. The Canada Revenue Agency considers cryptocurrency a security, which means adhering to securities rules as well as some special regulations developed just for the cryptocurrency industry. 

Investors and cryptocurrency companies struggling to make sense of the landscape can look to Edmonton-based Bitcoin Well Inc
, the first publicly traded bitcoin ATM company in the world. Their vision is that "the entire world will be able to access bitcoin with the same convenience that they currently have with modern banking" says the company's CEO, Adam O'Brien.

The company's non-custodial business model gives them an edge when it comes to regulations and acquisitions. This model means t
hat the company never holds client funds on their behalf; the customer holds and controls their own bitcoin.

Read the full article here: 
https://www.bnnbloomberg.ca/find-out-how-bitcoin-well-is-poised-to-become-the-next-bitcoin-juggernaut-1.1656505

Learn more about Bitcoin Well Inc. here: https://bitcoinwell.com/
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