After a long break, the developer of crypto ATMs Lamassu introduced a new model Tejo with support for six cryptocurrencies.
The new cryptomat has a minimalistic design that fits comfortably into any space. Inside, there is a space for installing additional cash boxes, which triples its capacity in terms of the number of banknotes.
Tejo supports six cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Zcash (ZEC), Dash (DASH), and Litecoin (LTC). The cryptomat has an electronic lock for accepting cash. This is due to the fact that collection services Garda, Loomis and Brinks require pre-installation of locks in order to provide their services. Tejo can be upgraded to the industry-leading Dormakaba Cencon lock if needed.
Operators can now control the machine through a central server. You can change the flat fee, add limits, and more. The company’s goal is to simplify the user interface and provide operators with all the tools, no matter what country they are in.
The first batch of Tejo was released this September. A planned software release will add support for Monero (XMR). Operators will soon provide users with the ability to buy and sell XMR and USDT. The retail price of the cryptomat is set at € 5800.
“We have been in this industry for a long time and have used our experience to design a cryptomat considering the aspects that we believe are most important for today’s operators. We developed Tejo to simplify cash collection and for operators who want to manage large ATM networks, ”said the Limassu team.
Lamassu, founded by brothers Zach and Josh Harvey in 2013, develops crypto ATMs. In 2014, a two-way cryptocurrency ATM was released. In 2016, the DASH altcoin service was added, and in 2017, Bitcoin Cash (BCH) was announced. Many companies are developing such technologies. By the summer of 2021, more than 24,000 ATMs were installed in the world, and the demand for them continues to grow.
I am Derek Black, an author of World Stock Market. I have a degree in creative writing and journalism from the University of Central Florida. I have a passion for writing and informing the public. I strive to be accurate and fair in my reporting, and to provide a voice for those who may not otherwise be heard.