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First bitcoin and ether ATM installed in Honduras

The inhabitants of Tegucigalpa, Honduras, and nearby towns, can now approach Torre Morazán # 2, located on the homonymous boulevard, to purchase bitcoin (BTC) and ether (ETH) at a recently installed ATM.

The person responsible for handling the device is La Bitcoinera store, which has facilities in local 21,120 of the aforementioned tower.

This «is the first automated way in Honduras to buy bitcoin and ether, which, in the past, was only possible to purchase from Person-to-Person (peer-to-peer), thus demonstrating the growth of cryptocurrencies in Central America”, He says The Bitcoinera.

Indeed, as CriptoNoticias reviewed in the article “Where to buy and sell bitcoin in Honduras”, the options to buy crypto assets in the Central American country were limited, so far, to P2P brokers and platforms, as well as foreign exchanges.

The new ATM installed by La Bitcoinera allows you to buy bitcoin and ether with lempiras, the currency of Honduras. Source: Twitter.

The CoinATMRadar and CoinATMFinder websites do not report existing ATMs in Honduras so, as La Bitcoinera announces, this it would be the first device of its kind installed there.

The launch of the first Bitcoin and Ethereum ATM marks a breakthrough in Honduras in its mission to stimulate technological innovation and economic investment. The more Hondurans have cryptocurrencies, the more they will be able to form new economic relationships in Honduras, neighboring countries, and with the rest of the world.

La Bitcoinera, administrator of the bitcoin and ethereum ATM.

The ATM is installed in the Torre Morazán, in Tegucicalpa. Source: Google Maps.

Add La Bitcoinera that this ATM is the first step in the development of your project. They hope to be “a fundamental institution in the adoption of cryptocurrencies in Honduras” and, in this sense, “the ATM will give you a foothold and a customer base to serve in the future.”

According to the information published on La Bitcoinera’s Twitter account, the electronic device it is an ATM from the manufacturer Lamassu. It allows the purchase of crypto assets with lempiras, a monetary unit of Honduras.

According to reported a user who already used the ATM to acquire bitcoin, “it was a simple process.” To use it, it is necessary to have a wallet installed on a mobile device and present an identity document.

CriptoNoticias has contacted La Bitcoinera to expand details of this event. This article will be updated as more information becomes available.

Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: [email protected] Phone: +1 513-209-1700

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