A view of Xeler BTM
Xeler is a device that has the option to buy and sell cryptocurrencies, besides it can process product payments in crypto, providing the user and the operator with a quick and intuitive process, but most of all, it is safe because its interface is blocked and designed for a safety and reliable use of cryptoassets.
Panda Group, along with its new product Xeler BTM, want to take part in the actual implementation of cryptocurrencies, giving everybody a more direct and simple access. The purchase and sale amounts depend on the location of the device and the capacity of cash management, the minimum amount by default for a purchase or sale is 50.000 COP (15 USD approx.). At this time, the available currencies in the device are Bitcoin Cash (BCH), Bitcoin Core (BTC) y DAI, with the aim to include many more in the future. The fees to acquire these cryptoassets are based on the informal market of the country where it is installed. In the case of Colombia, the device considers the average of the ATM fees in the country and exchange platforms like Panda Exchange to offer a competitive rate. Since last January 22nd, Xeler BTM is working in a commercial premise in Bogotá city.
The users willing to buy or sell cryptocurrencies are quickly registered, this process is made directly in the device itself (identity document photo and fingerprinting), that way users can interact with every device by performing only one register. Once the purchase operation is processed, users get their cryptoassets instantly in their wallets, in case they don’t have a wallet at that moment, they are given a paper one with instructions to use their assets, taking into account users with no experience in cryptocurrencies use.
Xeler BTM has integrated XPAY payment processor system, giving our users the chance to pay products in cryptocurrencies stores, and eliminating the risk for those shops that are unwilling to take on the cryptoassets price volatility, even though they can choose the proportion of the sale in crypto and in fiat money.
One of the greatest achievements of Panda Group is to merge Xeler (purchase and sale) and XPAY (Crypto payment processor) to get Xeler BTM. This fusion was made taking into account the Latin American market requirements, that is because selling or buying in small amounts is easier for people who have not entered in the cryptoworld yet because they think large amounts need to be invested.
Xeler BTM is a device that takes little room, it can easily be carried in a pocket, it is environment friendly because it generates a low energy consumption compared to a regular ATM. Besides that, it is operated by just one person, who can clarify any doubt the user might have. For premises, this device is costless and one advantage is that it can be incorporated to the traditional financial system.
If you are interested in Xeler BTM, you can contact us by partners@xeler.co, we have several business models that fit every person and premise.
Xeler BTM, the versatile way to buy, sell and pay products by using cryptocurrencies.
