Bitcoin fever reaches Honduras with first cryptocurrency ATM

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The machine, locally dubbed 'la bitcoinera,' allows users to acquire Bitcoin and Ethereum using the local lempira currency. YahooFinance

By Diego Oré

The machine, locally dubbed "la bitcoinera," allows users to acquire bitcoin and ethereum using the local lempira currency and was installed in an office tower in the capital of Tegucigalpa by Honduran firm TGU Consulting Group. On Friday, one ethereum was trading at $3,237, and bitcoin; $48,140. If the service is popular, Mayen said he hoped to install more units.

Many software developers in Honduras are already paid in cryptocurrencies, Mayen said, adding that it will also be a cheaper option to send remittances.

 

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Bitcoin fever reaches Honduras with first cryptocurrency ATMThe first cryptocurrency ATM in Honduras opened this week as bitcoin backers sought to spur demand for virtual assets after neighboring El Salvador became the first country to establish bitcoin as legal tender.The machine, locally dubbed 'la bitcoinera,' allows users to acquire bitcoin and ethereum using Just received 5270 DOGE. Thank you DOGECOIN_PARTY We are with you dogecoin 👏
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Bitcoin fever reaches Honduras with first cryptocurrency ATMThe first cryptocurrency ATM in Honduras opened this week as bitcoin backers sought to spur demand for virtual assets after neighboring El Salvador became the first country to establish bitcoin as legal tender.The machine, locally dubbed 'la bitcoinera,' allows users to acquire bitcoin and ethereum using Just received 5270 DOGE. Thank you DOGECOIN_PARTY We are with you dogecoin 👏
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »