Hyosun America to Enable Bitcoin Purchase in Over 175 ATMs in America Through its New Partnership

July 16, 2022

Reading Time: 2 minutes

Largest ATM manufacturer in the United States, Hyosun America has entered a new partnership deal with DigitalMint, Bitcoin’s leading Proof-of-sale provider to make Bitcoin available for purchase in more than 175 ATMs in the United States.

“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,” said, Don Wyper, chief operating officer of DigitalMint.

Digitalmint is a premier fiat-to-crypto provider, it allows clients to purchase cryptocurrency safely and securely. The company established in 2014 has itself fully dedicated to providing safe and secure access to Bitcoin and cryptocurrencies through a credible and transparent purchase experience.

Digitalmint also provides soft API integrations that let retailers or ATM operators to sell Bitcoin through the company’s machine.

As announced on Tuesday this week, Hyosun America will add Digitalmint crypto buying functionality to its forthcoming API-based app store, an app that is built on the firm’s ATMs.

Following the availability of this functionality, it will be up to different Hyosun-produced ATMs operators to choose if they want to incorporate this functionality.

Currently, more than 33,000 Bitcoins ATMs are installed in the United States, according to data suggested by Coin ATM Radar, making the United States the country with most Bitcoin ATMs among the countries of the world.

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What are Bitcoin ATMs?

Bitcoin ATMs are kiosks connected to the internet that allows users to buy Bitcoin and other cryptocurrencies through cash deposits.

Unlike the conventional ATMs used by traditional banks, Bitcoin ATMs do not transfer, deposit, or withdraw money but provide blockchain-based transactions that send crypto to users’ crypto wallets, mostly through the use of QR codes. 

Usually, users are charged with transaction fees for using Bitcoin ATMs, a fee that depends on the quantity of the crypto traded.

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