It’s time to announce another great news for Bitnovo, but mainly for all cryptocurrency users in Spain (and we are more and more).
During 2022, we will install more than 100 cryptocurrency ATMs in Spain! and, thus, it will be the number 1 country in Europe and the third worldwide in number of crypto ATMs. Above countries such as Germany, Switzerland, Italy or the United Kingdom, and only below the United States and Canada according to official figures from Coin ATM Radar.
While banks are decreasing the number of ATMs due to the changing habits of their customers, cryptocurrency ATMs continue to grow and have doubled in the last year.
Spain is undoubtedly one of the countries where the interest in cryptocurrencies reaches surprising magnitudes and according to the latest survey by Statista Global Consumer, it is the second country in Europe in terms of the number of people who claim to use or own cryptocurrencies.
The installation of more than 100 new ATMs will help meet the growing demand from people in Spain and facilitate adoption through one of the simplest and safest mechanisms to access cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Monero (XMR), Tether (USDT), etc.
Cryptocurrency ATMs, also called crypto ATMs, allow anyone (even with basic knowledge) to have access to Bitcoin and the main cryptocurrencies. Unlike online purchases, these terminals allow transactions to be made in cash and without the need to resort to transfers or use cards.
Moreover, Bitnovo ATMs are the simplest and most secure on the market as the customer does not need to type in his wallet address or scan QR codes.
Spain will join the podium of countries with the largest number of crypto ATMs in the world.
“We are very happy with this agreement for what it means for our company, but mainly for being able to help adoption in Spain, a goal we have been working very hard on since 2015″, states our founder Marcos Muñoz.
Thanks to this alliance, Bitnovo will not only be a leader in the segment of selling physical cryptocurrency coupons in more than 40,000 points in Europe, but will also become, together with Eurocoin, a world power in the installation of Bitcoin ATMs and the main cryptos.
Since its inception in 1973, the Eurocoin Group has positioned itself as a market leader in the manufacture and distribution of electronic components, such as monitors, means of payment and industrial printers, among others, and as one of the leading manufacturers of ATMs in Europe, the Middle East and Africa.
Eurocoin already has 16 branches and logistics warehouses in 12 European countries and Russia, and 3 own factories in the UK, Germany and Hungary!
According to the CEO of Eurocoin Spain, Fernando Dumont: “this is a strategic move by the company to expand our market niche from traditional and digital payment systems to blockchain and cryptocurrency ecosystems. We believe that the future of payments in all its modalities will coexist with the crypto universe in the short term.”
2022 will be another great year for Bitnovo and the Spanish crypto market. Soon we will be announcing great news to continue democratizing access to cryptocurrencies in Spain and the world.
Always under the popular slogan “not your keys, not your Bitcoins”, because unlike other large companies, in Bitnovo we choose not to be custodians of cryptocurrencies and we want you to be the sole owner of your cryptos.