(NEW YORK)–ChineseInvestors.com, Inc. (OTCQB: CIIX), a premier financial information website for Chinese-speaking investors, announced that it had entered into an agreement with Blockchain BTM, LLC to deploy Bitcoin ATM machines to serve Chinese Communities throughout the United States. This is another move that further cements the future of cryptocurrency, there are other cryptos that are aiming to do the same and fill market gaps, such as the IoT sector, read into iota at www.bitwiki.at for more information.
The first Bitcoin ATM, located in the lobby of the Company’s offices in the highly trafficked San Gabriel Hilton Plaza, is open from 9 a.m. to 6 p.m., Monday through Friday, making it convenient and easy to purchase Bitcoin.
Purchasers will have access to on site customer service representatives available to provide instruction regarding the Bitcoin ATM in both Chinese and English. The machine also offers translation into five languages including traditional and simplified Chinese, English, Spanish, French and Korean.
Cryptocurrency buyers can purchase up to $7,000 worth of Bitcoin daily from the ATM. If the purchaser does not already have a digital wallet to hold the cryptocurrency, the ATM is able to digitally print a wallet. For those that wish to make a more significant investment, over $7,000, the Company can provide information on how to facilitate much larger transactions. These companies, who find themselves using cryptocurrencies such as bitcoins, may also look into information when it comes to taxes since such large transactions will have to be dealt with. When it comes to cryptocurrency taxes companies will need to be wary of any changing regulations surrounding the virtual currency.
NYSE Bitcoin Coverage
In recent weeks the Company unveiled its new cryptocurrency education and information services, including the first Chinese Daily Video Newscast, Bitcoin Multimillionaire, broadcast from the New York Stock Exchange (NYSE) covering Cryptocurrency and Blockchain Technology.
China Bitcoin Education Site
In November the Company launched a free bitcoin news and education website in the Chinese language under the domain name NewCoins168 to serve Chinese cryptocurrency investors globally. In addition, the Company will launch new cryptocurrency subscription products in January 2018. www.newcoins168.com
CIIX plan to deploy Bitcoin ATM machines in Chinese communities across the United States, and their daily news coverage of Bitcoin from the floor of the New York Stock Exchange in Chinese makes the company an interesting play for investors keen on both Bitcoin and China market in general.
ChineseInvestors.com is currently traded on the OTCQB exchange under the ticker symbol “CIIX”, and joins other popular Bitcoin players such as Riot Blockchain (NASDAQ:RIOT), Digital Power Corp (NYSE:DPW), Marathon Patent Group, Inc. (NASDAQ:MARA), U.S. Global Investors, Inc (NASDAQ:GROW), and Integrated Ventures, Inc (OTCQB:INTV).
Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis, and educational related services in Chinese language character sets (traditional and simplified); (b) advertising and public relation related support services; and (c) retail, online and direct sales of hemp-based products and other health related products. For more information visit ChineseInvestors.com
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