Athena Bitcoin Keys explicitly states that you can use their ATMs to do things like buy bitcoins or sell them for cash, reports news agency Riches. Talking about trading, let us tell you that till the time of writing the news, the price of bitcoin in India was around 26 lakh rupees.
The report said the firm may gradually open an office to install about 1,500 ATMs as well as employ employees and work in El Salvador. In case you are wondering how it is possible to convert cryptocurrencies to cash via ATMs in the country, El Salvador this month became the first country to adopt bitcoin as legal tender. However, the move will be effective from September 2021.
Mattias Goldenhorn, the firm’s director of Latin America operations, says that the company has been ordered by the country’s president, Nayib Bukele, to install 1,500 ATMs and, being a private company, he is assured of doing the job properly in the country. gives.
A year ago, Athena installed its first cryptocurrency ATM in El Zonte Beach in El Salvador, located about 49 kilometers southwest of the capital, San Salvador. It was established as part of an experiment called Bitcoin Beach with the aim of making the city one of the first bitcoin economies in the world.