Cryptocurrency company Bitcoin Latinum has partnered with crypto ATM operator OSO ATMs to install 100,000 devices in 50 US states.
According to the press release, in addition to bitcoins, it will be possible to buy LTNM’s own tokens in cryptomats. Bitcoin Latinum founder Donald Basile believes that installing crypto ATMs will make cryptocurrency more accessible to users in the United States.
“We and OSO plan to install 25,000 ATMs by the end of January 2022. This partnership will allow residents of the 50 US states to buy cryptocurrencies or cash out fiat money, which will further help the development of Bitcoin Latinum and the introduction of the LTNM token. ”
The CEO of OSO ATMs noted that the adoption of crypto ATMs is now happening on a global scale and makes it easier for users to accept cryptocurrency. He said:
“The use of crypto ATMs is becoming more common not only in the United States, but also in other countries. In El Salvador, for example, cryptomats allow people to transact with bitcoin or convert it to fiat currency. Bitcoin Latinum aims to simplify the use of cryptocurrencies in the US and we are very proud to help them bring cryptocurrencies to a wider audience. ”
The number of crypto ATMs in the world is growing. According to Coin ATM Radar, as of January 1, 2021, only 14,016 devices were registered in the world, but by October 27, their number had doubled – to 30,011.
Recently, the largest American retail chain Walmart has installed more than 200 Coinstar ATMs in dozens of its outlets in the United States.
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