Guatemala now holds the third highest number of cryptocurrency ATMs globally, following the US and Canada.
Over 2,700 ATMs available for withdrawing Bitcoin and other cryptocurrencies as quetzales thanks to Coincaex and 5B partnership.
Guatemala has expanded its cryptocurrency infrastructure, positioning itself as a central hub for digital currency transactions in Central America. With the recent deployment of over 2,700 cryptocurrency ATMs, the country now ranks third globally, trailing only the United States and Canada in the number of machines available for converting cryptocurrencies like Bitcoin into cash.
Source: adondeirguatemala
This substantial increase in ATMs comes from a strategic partnership between local cryptocurrency exchange Coincaex and the traditional ATM provider, 5B. The collaboration allows Guatemalans to easily convert their digital currencies into the local currency, quetzales, at any of the extensive network of 5B machines.
To utilize the service, users first g
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