As cryptocurrencies such as bitcoin become more and more popular and accessible, so do the related services. One of these services are Bitcoin ATMs, which allow users to quickly and easily buy and sell cryptocurrency. In Brazil, there are currently 18 bitcoin ATMs distributed in different cities of the country.
São Paulo, the largest city in Brazil, has the largest number of these devices, the city currently has 14 bitcoin ATMs, demonstrating the growth and adoption of cryptocurrencies in the region. Other Brazilian cities have also begun to adopt this technology, although to a lesser extent. According to data from CoinATM Radar, there are bitcoin ATMs in Belo Horizonte, Goiânia, Brasília and Campo Grande.
Bitcoin ATMs in Brazil belong to only one company, Coin Cloud. By using a bitcoin ATM, users can make cash or credit card transactions, making it easier for those without access to traditional banking services to buy and sell cryptocurrency..
Additionally, these ATMs offer a safe and convenient alternative to online transactions.
To find a nearby bitcoin ATM in Brazil, you can check websites like Coin ATM Radarwhich provides an up-to-date list of ATM locations around the world.
With the growing popularity of Bitcoin and other cryptocurrencies, we are likely to see an increase in the number of ATMs available in Brazil in the coming years.
Disclaimer: The information and/or opinions expressed in this article do not necessarily represent the views or editorial line of Cointelegraph. The information presented here should not be taken as financial advice or investment recommendation. All investment and commercial movement involve risks and it is the responsibility of each person to do their due research before making an investment decision.
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