In a groundbreaking move that could reshape how individuals and businesses engage with cryptocurrency, BTC China has unveiled the world’s first software-based "soft Bitcoin ATM" — a mobile web application called Picasso ATM. This innovative platform allows anyone, anywhere, to become a walking Bitcoin teller without investing in expensive hardware. Designed for global accessibility, Picasso ATM enables seamless peer-to-peer Bitcoin trading using only a smartphone and internet connection.
The launch marks a significant step toward democratizing access to digital assets, especially for users outside China who previously faced barriers when trying to deposit fiat currency into BTC China’s exchange. With this new interface, the company aims to bridge international markets and expand its reach beyond domestic users.
How Picasso ATM Works: Turning Smartphones into Bitcoin Teller Machines
At its core, Picasso ATM functions as a mobile web app, eliminating the need for downloads or app store approvals. Users simply log in through their browser after signing up with BTC China. Once logged in, they can upload Bitcoin to their Picasso Wallet and begin selling it directly to buyers in exchange for fiat currencies such as USD, EUR, or CNY.
👉 Discover how easy it is to start trading Bitcoin without hardware ATMs.
Unlike traditional Bitcoin ATMs that require physical installation and maintenance, Picasso ATM turns any shopkeeper — from coffee shops to convenience stores — into a human-powered teller. As BTC China CEO Bobby Lee explained:
“Now store owners, coffee shop owners, or even convenience store owners, instead of investing in a bitcoin ATM, they can just sell bitcoins at the cash register with the Picasso ATM.”
Transactions occur entirely within BTC China’s secure system, meaning there's no need to scan QR codes or wait for blockchain confirmations. Transfers are instant, reducing friction and increasing trust between parties.
If the buyer isn’t already a BTC China user, the seller can send Bitcoin to their mobile number. The recipient then receives an invitation to create a Picasso Wallet and claim their funds — simplifying onboarding for new users while expanding the platform’s network effect.
Bridging Global Markets with Local Flexibility
One of the most compelling aspects of Picasso ATM is its international usability. While many cryptocurrency platforms restrict cross-border transactions due to regulatory hurdles, Picasso ATM supports long-distance trades between trusted parties across different countries.
Sellers can set their preferred fiat currency and apply a custom profit margin on each trade based on real-time Bitcoin prices. This flexibility makes it ideal for entrepreneurs looking to offer localized Bitcoin services without exposure to exchange volatility.
Currently available in English and Chinese, the app is expected to roll out additional language support soon, further enhancing its global appeal. Since it operates as a web app, it avoids many of the restrictions associated with app stores or local regulations — offering users greater freedom and resilience against censorship.
Security remains a top priority. The platform employs double-layered confirmation, requiring both buyer and seller to authenticate transactions before completion. Additionally, BTC China stores the vast majority of user funds in cold storage, minimizing exposure to online threats while maintaining liquidity for daily operations.
A New Era of Peer-to-Peer Bitcoin Trading
While Picasso ATM shares similarities with platforms like LocalBitcoins, its design encourages more spontaneous, real-world interactions — akin to those seen at Bitcoin meetups or Satoshi Square gatherings. It’s not just about transactions; it’s about building communities around decentralized finance.
Bobby Lee emphasized this shift during the product launch:
“Bitcoin has entered into a new era, where exchanges are no longer the only way to buy and sell bitcoins. With the advent of Picasso ATM, along with other physical bitcoin ATMs everywhere, people all over the world can now easily buy and sell bitcoins.”
This vision aligns with broader trends in financial inclusion and decentralization. By lowering entry barriers, BTC China empowers individuals — not just institutions — to participate in the digital economy.
👉 Learn how you can start facilitating Bitcoin trades today — no hardware required.
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Frequently Asked Questions (FAQ)
Q: What is a 'soft Bitcoin ATM'?
A: A soft Bitcoin ATM refers to a software-based system that mimics the functionality of a physical Bitcoin ATM using a mobile web app. Unlike hardware ATMs, it requires no special equipment — just a smartphone and internet access.
Q: Can I use Picasso ATM if I’m not in China?
A: Yes. While developed by a Chinese exchange, Picasso ATM is designed for international use. Any individual or business worldwide can sign up and start facilitating trades as long as they have a BTC China account.
Q: Is my Bitcoin safe in the Picasso Wallet?
A: BTC China claims that most user funds are stored in cold wallets offline, with only minimal amounts kept online for transaction processing — a standard security practice among reputable exchanges.
Q: Do I need to download an app?
A: No. Picasso ATM is a mobile web application accessible via browser. There's no need to install anything, making it resistant to app store takedowns or regional blocks.
Q: How are disputes handled during peer-to-peer trades?
A: Since transactions happen within BTC China’s ecosystem and require mutual confirmation from both parties, dispute risks are minimized. However, users are encouraged to trade only with trusted counterparts for maximum safety.
Q: Can I receive Bitcoin without having a BTC China account?
A: Yes. If someone sends you Bitcoin via mobile number, you’ll receive an invitation to register and claim your funds — streamlining onboarding for new users.
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Final Thoughts: Pioneering Accessible Cryptocurrency Adoption
BTC China’s Picasso ATM represents more than just a technological innovation — it’s a strategic push toward inclusive financial infrastructure. By transforming everyday people into mobile Bitcoin vendors, the platform removes cost and complexity barriers that have long hindered mass adoption.
As cryptocurrency continues to evolve beyond exchanges and wallets into real-world utility, solutions like Picasso ATM will play a crucial role in connecting digital assets with daily commerce. Whether you're a small business owner or an individual investor, the ability to facilitate instant, secure trades from your phone opens new doors in the global economy.
With strong security measures, multilingual support, and seamless integration with BTC China’s existing ecosystem, Picasso ATM sets a new benchmark for what peer-to-peer crypto platforms can achieve — all without relying on physical infrastructure.
As Bobby Lee put it: “We plan to continue innovating, and lead the world into this new era.”