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Yahoo Finance. World’s First Cryptocurrency Cash Exchange Cofres Bitcoin

Posted on Saturday, 24th May 2014 @ 11:30 PM by Text Size A | A | A

Bitcoin: two Las Vegas casinos to use digital currency

World’s First Cryptocurrency Cash Exchange

Swiftcoin establishes the first brick and mortar, over the counter currency swap point in Montevideo, Uruguay. The public can now buy and sell Bitcoin and Swiftcoin for cash and precious metals face to face, as well as open forex trading accounts in person.

Latin America’s first Bitcoin store in Montevideo, Uruguay, marking the world’s first Bitcoin and Swiftcoin brick and mortar meet up and swap point.

“Clients have more peace of mind meeting the people involved in transactions and knowing there is a well-capitalized business more substantial than a web page or Internet avatar backing up the integrity of trade and commerce. People should not have to be computer geeks and Internet security mavens to take advantage of digital money. This literal over-the-counter swap point will help reduce the opacity and mystery of digital currencies. It’s time to take digital currencies mainstream. At Cofres Bitcoin, located at Plaza Independencia 823, Montevideo, local and international clients can meet real people with or without an appointment. All the hype notwithstanding, most people still have never actually used Bitcoin or even know how to get it,” stated Daniel Bruno, Chartered Market Technician and the founder of the Cofres Bitcoin swap point.

There are currently more than 12 million Bitcoins in circulation worldwide. The popularity of private digital money is soaring as banks and government issued fiat currencies come into ill repute from the Eurozone to Argentina, where the peso has crashed, inflation is high and gold is prohibited*.

The Cofres Bitcoin meet up, exchange and swap point offers a range of financial services both on and off the Internet, including the novel cryptocurrency Swiftcoin featuring its free encrypted mail function; forex trading with leverage up to 400 at; market forecasts at and the market where goods and services may be exchanged for Swiftcoin and Bitcoin.

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For more information about FNIB or electronic currency please visit:

About FNIB:

First National BNAK (FNIB) is a financial services company registered in New Zealand. FNIB provides a wide variety of services including Forex trading, gold and international money exchange, as well as electronic currency services. FNIB gives people the opportunity to exchange their electronic currency online or in person for cash. For more information, visit

* – James Downer, May 6, 2014.

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