Helping Blockchain get mass adoption

Venezuela Finally got its very First Bitcoin ATM

1 min read
Venezuela Finally got its very First Bitcoin ATM

According to Coin ATM Radar’s data, Venezuela installed its first crypto ATM on Sept. 10 in the city of San Antonio del Táchira.

Coin ATM Radar is a website that facilitates the online search for the nearest Bitcoin ATM.

Coin ATM Radar

Panda BTM a Lat-Am company is the operator of the ATM and they have installed it on a store called Viajes e Inversiones HC. Moreover, the ATM supports cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), and DASH. The machine also supports the official currency of Venezuela and Colombian pesos.

There have been multiple attempts to install a Bitcoin ATM in Venezuela. Cryptobuyer has announced the coming installation and testing of a new Bitcoin ATM in the city of Caracas January this year. However, due to unknown reasons the ATM never went live.

There are now Bitcoin ATMs over 5,000 worldwide as per Coin ATM Radar’s stats.