Hyosung America Adds Crypto Functionality for Customers to Buy Bitcoin at Over 175,000 ATMs

Hyosung America, the largest manufacturer of ATMs in the United States, has announced a collaboration with Digitalmint.

Hyosung America, the largest manufacturer of ATMs in the United States, has announced a collaboration with DigitalMint, a leading Bitcoin point-of-sale (POS) provider, to allow users to buy Bitcoin (BTC) at over 175,000 ATMs in the country.

Hyosung America Partners with DigitalMint

On Tuesday, July 12, the banking and retail solutions giant announced that it had penned a partnership with the premier cash-to-cryptocurrency provider, DigitalMint, to add DigitalMint services to its soon-to-be-launched API-based app store.

DigitalMint, founded in 2014, allows customers to buy cryptocurrency instantly at ATM and teller locations across the United States. The POS provider can also integrate the DigitalMint API to sell BTC through their POS systems.

Customers Can Now Buy Bitcoin at Over 175,000 ATMs

The integration of cryptocurrency services into the forthcoming Hyosung America app store will mean that customers can instantly buy Bitcoin at over 175,000 ATMs across the United States.

Sponsored

Don Wyper, Chief Operating Officer of DigitalMint, said, “We’re looking forward to working with Hyosung America to make cryptocurrency services easily and safely accessible to their 175,000 deployed ATMs in the United States and beyond.”

Sponsored

According to Brad Nolan, CMO for Hyosung America, the app will be easily downloadable on their new Series X Metakiosks and their newly launched X10 Cash-In-Sidecar.

On the Flipside

  • Coin ATM Radar recently reported that interest in crypto-friendly ATMs dropped to a global installation of just 202 in May, a range not seen since 2019.

Why You Should Care

With only 38,430 Bitcoin ATMs in the world, the partnership between DigitalMint and Hyosung America could set up Bitcoin for greater adoption across supported regions.

To get more insight on crypto ATMs, read:

Crypto ATMs: How Do They Work and How Are They Different from Fiat ATMs?

Other cryptos have also been added to crypto ATMs. Get more on those in:

Shiba Inu (SHIB) Is Now Available at ‘Bitcoin of America’ Crypto ATMs

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Milko Trajcevski

Milko Trajcevski is a DailyCoin news reporter, mainly focused on Ethereum (ETH), Cardano (ADA), and their founders (Vitalik Buterin and Charles Hoskinson). Milko is an avid follower of crypto and blockchain technology and has written thousands of articles on the subjects. He finds joy in transforming complex issues into written content that anyone can understand. Milko has used and analyzed numerous exchanges, such as Coinbase, FTX, and Binance. He also closely follows all of the latest news around the largest decentralized exchanges (DEXs). Location: Skopje, Macedonia