Miami International Airport (MIA), one of the busiest airports in the United States in terms of international passenger volume, got its first Bitcoin ATM on Tuesday.
As per the announcement, the Bitcoin ATM was installed at “concourse G next to gate 16,” by the Miami-based Bitcoin technology startup, Bitstop. The startup is said to be the largest to operate Bitcoin ATM in Florida.
With the Bitcoin ATM, customers would be able to purchase or equally sell off their Bitcoin (BTC), in turn, for cash while traveling. Notably, Bitcoin ATMs offer a more convenient way to buy or sell BTC for cash, when it involves small amounts.
Bitstop noted that MIA is a strategic location to debut its Bitcoin ATM Machine, probably based on the fact that the airport is the largest gateway between the United States and Latin America.
“Miami International Airport is a perfect place for our customers to conveniently exchange their dollars for Bitcoin and vice versa when traveling domestically or abroad,” Doug Carrillo, Bitstop co-founder, and chief strategy officer said.
Bitcoin ATMs not only allow travelers to exchange their Bitcoins to cash, but they also enable them to securely travel with their money as well. “More and more people prefer to travel with Bitcoin instead of cash for convenience and security,” Carrillo added.
Meanwhile, the installation at MIA marks Bitstop’s 40th Bitcoin ATM launched over the last two months, which accounts for 130 machines in total, installed by the startup nationwide. Bitstop hopes to set-up 500 Bitcoin ATM by the end of 2020.
In no doubt, there’s been a very high increase in demand for Bitcoin ATMs. Coinfomania reported that there were 5,457 Bitcoin ATMs worldwide, as of September 20, 2019. The number increased by over 500% from 757 ATMs 2016 globally to the new figure in 2019.
The data perhaps indicate a heightened increase in the adoption of digital currencies, especially Bitcoin (BTC) across the globe.
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