After A number of False Begins, Venezuela Could Have Its First Bitcoin ATM
Based on knowledge by Coin ATM Radar, Venezuela has lastly gotten its very first Bitcoin ATM.
A number of makes an attempt to put in Bitcoin ATM
Venezuela’s first crypto ATM was put in on Sept. 10, within the metropolis of San Antonio del Táchira, in response to knowledge by Coin ATM Radar, an internet site that facilitates the net seek for the closest Bitcoin ATM.
Latin American agency Panda BTM put in the Bitcoin ATM inside a small comfort retailer, known as Viajes e Inversiones HC. The machine helps cryptocurrencies reminiscent of Bitcoin (BTC), Bitcoin Money (BCH), and DASH, in addition to the official foreign money of Venezuela and Colombian pesos.
Apparently there have been earlier makes an attempt to put in a Bitcoin ATM in Venezuela. On the finish of January, crypto agency Cryptobuyer introduced the approaching set up and testing of a brand new Bitcoin ATM within the metropolis of Caracas. Nonetheless, attributable to unknown causes the ATM by no means went dwell.
Columbia has the most important variety of crypto ATMs
Neighboring Columbia at present has the most crypto ATMs of any nation in Latin America. That quantity is about to rise due to a partnership between the worldwide peer-to-peer Bitcoin market, Paxful, and Medellin-based blockchain firm, CoinLogiq, who’re bringing 20 new crypto ATMs to Colombia.
5400+ crypto ATMs put in worldwide
The world’s first Bitcoin ATM opened in Vancouver, Canada in late 2013. Since that day, the full variety of cryptocurrency ATMs across the globe has continued to extend.
Based on statistics from Coin ATM Radar, the full variety of crypto ATMs all over the world went from 501 in 2016 to greater than 5400 in 2019.