First Bitcoin Capital Corp. (OTC: BITCF) Secures Contract for Bitcoin ATM Placement in California

VANCOUVER, B.C. / March 20, 2014 / BITCoin ATM Franchise Corporation, a wholly-owned subsidiary of First Bitcoin Capital Corp., is pleased to announce that it has signed its first contract to place Bitcoin automatic teller machines (ATMs) in different locations throughout California. The first Bitcoin ATM will be located in a high-traffic location retail store in Los Angeles, that offers products and merchandise geared towards the younger demographic, which understands digital currency and embraces new emerging technologies. “We believe the BITCoin ATM Franchise concept will be very successful,” the company said.

“Those Bitcoin ATMs are based on new software platform that enables users to add more services besides buying, selling or exchanging Bitcoins and other crypto currency. The company is receiving numerous inquiries from potential franchisors and we are working to complete the development of the franchise package.”

BITCoin ATM Franchise Corporation is the first Bitcoin Company in the world to offer a unique turn-key franchise investment opportunity for business owners to earn additional income by getting involved in the lucrative Bitcoin industry with minimal effort. Franchisees will be able to enter this growing market under the guidance of a reputable company that will develop a strategy to establish an exclusive locations, based on population density, traffic patterns, market statistics, demographics and other key factors.

Bitcoin is a digital crypto-currency that allows consumers to electronically exchange Bitcoins, or units of value, for a service or product anywhere in the world with no or minimal fees. Users can then exchange Bitcoins for other currencies by using a wallet service provider. The digital currency isn’t backed by any government entity, instead transactions are tracked and verified by a transparent online community. Bitcoins are subject to value fluctuations, which are based on what people are willing to pay for it at any given time.

About BITCoin ATM Franchise Corporation:

BITCoin ATM Franchise Corp. is the first Bitcoin Company in the world to offer a unique franchise opportunity for business owners to earn additional income by getting involved in the lucrative Bitcoin industry. The company intends to build a network of Bitcoin ATMs that will be similar to other legacy ATM networks, but will offer many additional services and products. Investing in a Bitcoin ATM franchise will allow business owners to earn residual income without spending too much time and effort.

A Bitcoin ATM franchise is ideal for those who want to start a small business but don't have the required capital to do so. As the Bitcoin industry grows, more and more people will begin using the crypto-currency and the ATM, especially if it's located in an area that has high foot traffic, will be the go-to choice for anyone looking to exchange, buy, or sell Bitcoins easily and quickly in one convenient location.

First Bitcoin Capital Corp. is a developing Canadian-based mining company currently holding concessions of Gold in Venezuela and is involved in the crypto-currency industry. It is the first, publicly trading, vertically-integrated consolidation company of the Bitcoin and crypto-currency marketplace.

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SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release includes various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which represent the Company's expectations or beliefs concerning future events. Statements containing expressions such as "believes," "anticipates," "intends," or "expects," used in the Company's press releases and in Disclosure Statements and Reports filed with the Over the Counter Markets through the OTC Disclosure and News Service are intended to identify forward-looking statements. All forward-looking statements involve risks and uncertainties. Although the Company believes its expectations are based upon reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurances that actual results will not differ materially from expected results. The Company cautions that these and similar statements included in this report are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof.


Release ID: 37049