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Athena Bitcoin to install 1,500 bitcoin ATMs in El Salvador


Athena Bitcoin, operator of bitcoin automated teller machines ATMs throughout the Americas, is poised to establish 1, new cash-to-crypto machines in El Salvador.

Matias Goldenhorn, Athena's director for Latin America, told CoinDesk via Telegram on Friday that while the market depth leading to the eventual success of his company in El Salvador was uncertain, it was "exciting. Crypto ATMs are seen as a way for people to interact with the physical world, particularly those who are not well-versed in cryptocurrencies, Goldenhorn added. But here it could be even more. The director also said his company was looking at twisting the cash logistics in a "different way" and partnering with financial institutions on the ground.

Rather than staying in its "profit comfort zone" in the U. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups.

As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights , which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

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Preparing For Law To Take Effect, Athena Begins Installing 1,500 Bitcoin ATMs In El Salvador

Bitcoin price in India stood at Rs. The firm expects to gradually install some 1, ATMs, hire staff, and open an office to carry out operations in El Salvador, which in June became the first country to adopt Bitcoin as legal tender. The move takes effect in September. Bukele has touted the cryptocurrency's potential as a remittance currency for Salvadorans overseas.

Athena Bitcoin Global is engaged in the cryptocurrency business. It operates Bitcoin and other crypto ATMs throughout North and South America. Sector, Financial.

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Athena Bitcoin, operator of bitcoin automated teller machines ATMs throughout the Americas, is poised to establish 1, new cash-to-crypto machines in El Salvador. Matias Goldenhorn, Athena's director for Latin America, told CoinDesk via Telegram on Friday that while the market depth leading to the eventual success of his company in El Salvador was uncertain, it was "exciting. Crypto ATMs are seen as a way for people to interact with the physical world, particularly those who are not well-versed in cryptocurrencies, Goldenhorn added. But here it could be even more. The director also said his company was looking at twisting the cash logistics in a "different way" and partnering with financial institutions on the ground. Rather than staying in its "profit comfort zone" in the U. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights , which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.


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The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it If someone receives a payment in bitcoin they can choose to automatically receive it in dollars.

Bitcoin ATM

At Athena blockchain innovation lab, we leverage the expertise of best blockchain professionals, who come with in-depth know-how on blockchain technologies and platforms. We provide customized solutions based on client's use cases. Engage us and benefit from our dynamic blockchain innovation lab. Blockchain is a highly versatile and efficacious technology of the 21st century. It enables digital information to be stored in a distributed, immutable and cryptographic manner, thereby creating a backbone for a new digital age. The potential for blockchain to transform enterprises spans every industry spectrum and application.


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Dallas, Jan. Adriot Market Research finds out more about the dynamics, favorable triggers, existing barriers, and trends in its latest research report. Bitcoin ATM machines are recognized widely for their ease of use among customers as these interfaces are designed to remain convenient and safe, aligning with user interests and asset safety. A Bitcoin ATM allows users to receive instant Bitcoin in the wallet soon after inserting fiat, accessible on a user-friendly interface.


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Stock Score is the Average Score from Stock Reports Plus by Refinitiv which combines quantitative analysis of widely used investment decision making tools. This score is on a 10 point scale 1 is lowest and 10 being the highest, NR indicates No-rating is available. Know More. Company has reported a negative ROE for 3 consecutive years.

Athena Crypto Bank was created to help you enter the world of cryptocurrencies in a simple and safe way, reducing the risks that this world entails, such as Hacking, Scams and wrong investments. Athena Crypto Bank is a broker specializing in digital assets.

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Athena Crypto ATMs Support Bitcoin Cash in Sensible Move

The firm expects to gradually install some 1, ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.


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