This is big news. There are a few crypto machines in my area but they are all one way. I can feed in cash and then get my crypto. And they charge some heavy fees. But if you are in the Philippines you will be able to buy and sell your crypto from an atm. And not only that but from a bank, one of the largest banks in the country.
The biggest part is being able to take money out, that will really help ease the transition into the mainstream
It is good to see crypto becoming more and more user friendly. I can see credit cards, websites and phone apps using crypto in the near future to make payments easier. But I would not be selling any of coins in this market.
If you are from the Philippines please let me know in the comments if you have seen these machines
Here is the link for more info:
https://news.bitcoin.com/union-bank-philippines-cryptocurrency-atm/
