Bitcoin Purchasing App Now Functional On 175,000 ATMs Across United States

2022-7-15 15:00

Recent news cited that about 175,000 Hyosung’s ATMs will incorporate the Bitcoin purchasing app in their operations. The idea is to facilitate Bitcoin transactions among ATM operators and retailers using Hyosung’s machines.

The US crypto retailers and ATM operators now have the leverage to purchase BTC through Hyosung’s ATMs. The event occurred after Hyosung America struck a partnership deal with DigitalMint. DigitalMint is a renowned point-of-sale provider of Bitcoin and Litecoin payment rails in the United States. Its payment rails include bank wires, tellers, and ATMs.

The digital currency provider does this through software API incorporations. The software API integration allows ATM operators and retailers to perform successful BTC transactions using the company’s unique machines.

Suggested Reading | Bitcoin Will Reach ATH In Next 24 Months, Coinshares CSO Predicts

But Hyosung also cited that chances are that only a few of its 175,000 ATMs will support the BTC purchasing app. This is because each ATM operator will also need to decide whether or not they wish to integrate the services of DigitalMint.

The API-based App Store

According to Hyosung’s announcement, there will be an additional development to its ATMs. That will be including the digital currency services of DigitalMint to its prospective API-based app market. The company added that the building of the app store for its ATMs is currently in the pipeline.

Also, Brad Norlan, Hyosung’s Chief Marketing Officer (CMO), has shared his thoughts about the app store. Drawing from his statement, the selling of Bitcoin will not be the only advantage of the API-based app market to ATM operators. It will also create a platform that offers the operators a host of new revenue streams.

Judging from Hyosung’s ATM network scale, DigitalMint’s services may experience good customer exposure. However, it is not glaring whether or not these parties will strike different deals. This is worthy of note, given that DigitalMint offers only two digital assets.

Hyosung America is not a stand-alone organization. It is the North American-based subsidiary of Hyosung, Inc., a South Korean company. The company believes it is the top ATM provider in the US.

Suggested Reading | Three Arrows Assets Ordered Frozen By Judge – How Much Deeper 3AC’s Trouble Can Get?

Aside from the ATM service of the firm, there is no record of the company’s engagement in digital currency affairs. However, considering the current development to create an API-based app market, other crypto-related partnerships may follow suit.

Bitcoin ATM Count From Coin ATM Radar

Drawing from Coin ATM Radar’s information, the United States has about 33,772 installed Bitcoin ATMs. This makes the US the country with the highest number of BTC ATMs worldwide.

BTC price surges above the $20,000 mark | Source: BTCUSD on TradingView.com

According to Coin ATM Radar data, Canada is the second-largest with up to 2,438 installed Bitcoin ATMs. The total number of BTC ATMs worldwide sums up to 38,430.

Featured image from Pexels, charts from TradingView.com

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67148.36 (-0.03%)
Объем 24H $15.962b
Изменеия 24h: 0.39 %, 7d: 9.97 %
Cегодня L: $66856.94 - H: $67251.24
Капитализация $1322.841b Rank 1
Цена в час новости $ 20790.24 (222.98%)

bitcoin atms hyosung 175 app purchasing facilitate

bitcoin atms → Результатов: 126


Фото:

3 People Arrested in Hong Kong for Cheating Bitcoin ATMs

The authorities in Hong Kong have arrested three people in connection with robberies from six bitcoin ATMs after two cryptocurrency exchanges reported funds being illegally withdrawn from them. 6 Bitcoin ATMs Targeted The Hong Kong Police Force’s cybersecurity and technology crime bureau has arrested three people after two cryptocurrency exchanges filed reports that funds had […] The post 3 People Arrested in Hong Kong for Cheating Bitcoin ATMs appeared first on Bitcoin News.

2020-8-17 19:30


Фото:

Bitcoin ATMs Hit 7,500 Across the Globe Amid Covid-19 Pandemic 

The Bitcoin (BTC) ATM industry has seen a 70% boom since 2019, with the total number of Bitcoin ATMs installed in various regions around the globe now standing at a massive 7,500. Despite the current regulatory bottlenecks surrounding the cryptocurrency, the United States still dominates the industry, with 5,422 functional Bitcoin ATMs, reports Decrypt onRead MoreRead More.

2020-4-22 19:00


Фото:

Bitcoin ATMs Ignore Market Downturn, Rapidly Spread Throughout US Cities

Bitcoin ATMs continue to spread across the United States at a rapid clip.   Chicago is the latest city to see an increase in ATMs supporting both the cryptocurrency market leader and various popular altcoins — thanks to an Atlanta-based company called Lux Vending, which has dropped 30 ‘Bitcoin Depot’ ATMs throughout the Chicago already this year.

2019-1-29 10:00


‘Blockchain Island’ Malta to Install Bitcoin ATMs

Malta continues to serve as the world’s center for blockchain innovation following an announcement today that brand new two-way Bitcoin ATMs will be installed throughout the island. The new ATMs have been created by a company called MoonZebra in collaboration with ‘digital nomad and self-confessed Bitcoin maximalist’ Leon Siegmund. Siegmend is famously known as one […]

2018-7-15 06:11