RATE Group | More Bitcoin ATMs for Argentina Amidst Country’s Financial Crisis
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More Bitcoin ATMs for Argentina Amidst Country’s Financial Crisis

06 Oct More Bitcoin ATMs for Argentina Amidst Country’s Financial Crisis

Posted at 21:05h in Bitcoin News by

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Two companies plan to install more Bitcoin ATMs for Argentina, amidst the country’s financial crisis.

Bitcoin to the Rescue

Argentina’s financial crisis will be eased, with the introduction of more BTC ATMs in the country. Two U.S. based companies, Athena Bitcoin and Odyssey Group, plan to install more BTC ATMs around the South American country, bringing a ray of hope to its citizens.

According to Reuters, Athena Bitcoin, set up Argentina’s first cryptocurrency ATM in a shopping mall in the capital, in September. Odyssey also said that it would install 150 ATMs by the end of 2018, 80 percent of which will accept only BTC in early 2019.  Presently, there are only two of such cryptocurrency ATMs in Argentina with both of them located in the capital, Buenos Aires.

Argentina operations manager for Athena Bitcoin, Dante Galeazzi, commenting on the company’s move, said:

Today, the cryptocurrency ATMs in the world are growing exponentially. In Argentina, there were no commercial…

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