After the Bitcoin Law was approved, the American company Athena Bitcoin Inc., manufacturer of ATMs for crypto assets, has set its sights on El Salvador to bring around 1,200 of its ATMs.
The company had already entered the country in 2019 with the first ATM located in El Zonte, in La Libertad. This Thursday, the company installed its second cryptocurrency ATM in the country, located in the La Gran Vía shopping center.
The place where the third ATM will be installed will be announced shortly. Matias Goldenhörn, Latin America director for Athena Bitcoin, assured to “Diario El Salvador” that the company’s idea is to establish an office in the country that includes the maintenance part for cryptocurrency ATMs and everything necessary to keep the operation active, and did not rule out the foray into the regional market.
With the new ATM, users will be able to make two types of transactions: purchase bitcoins and exchange the virtual currency for dollars (cash).