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The number of hotels with an on-site bitcoin ATM is growing in Switzerland. The latest announcement came from The Dolder Grand, a luxury hotel and spa in Zurich, which recently installed a crypto ATM supporting four cryptocurrencies.
Bitcoin ATMs are gaining popularity in hotels
The Dolder Grand announced Monday that a cryptocurrency ATM has been installed at the hotel to allow guests to buy and sell cryptocurrencies on site. The announcement states:
Starting now, guests of the Zurich Hotel Dolder Grand can buy and sell cryptocurrencies on site, conveniently at the crypto ATM. This is made possible by a device from the Swiss cryptocurrency financial specialist Värdex Suisse.
Hotel guests can use the machine to buy four cryptocurrencies – bitcoin, bitcoin cash, litecoin and ethereum – with Swiss francs and euros. They can also sell BTC for Swiss Francs.
Last year the Dolder Grand began accepting bitcoin for overnight stays, food, drinks and spa treatments. According to the announcement:
The demand for cryptocurrencies has increased significantly since the outbreak of the coronavirus crisis. Many use Värdex machines to gain a first experience with cryptocurrencies.
The crypto ATM installed at The Dolder Grand is operated by Värdex Suisse, which owns the largest cryptocurrency ATM network in Switzerland. Founded in 2017, Värdex is a spin-off of Bitcoin Suisse AG. Based in the crypto valley of Zug, the company is a regulated Swiss financial intermediary.
Värdex Suisse has installed crypto ATMs in around 70 locations in Switzerland. According to the cryptocurrency ATM monitoring website Coinatmradar, there are currently 102 cryptocurrency ATMs in Switzerland, making it the country with the sixth highest number of cryptocurrency ATMs.
In addition to The Dolder Grand, other hotels that have installed a Värdex Suisse cryptocurrency ATM include Hotel 46a, Parkhotel, Hôtel Régina, Hilton Zurich Airport, and Hotel Hecht Gottlieben. The company says hotel guests “actively take advantage of the opportunity to easily buy and sell cryptocurrencies at ATMs.”
Do you think all hotels should have a bitcoin ATM? Let us know in the comments section below.
Image credits: Shutterstock, Pixabay, Wiki Commons, The Dolder Grand
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