CoinFlip will install four cryptocurrency ATMs in Puerto Rico and plans to expand in the coming months.
CoinFlip, the cryptocurrency ATM company, announced its landing in Puerto Rico, as part of its expansion strategy in Latin America. It will install four ATMs in the country and plans to expand in the coming months.
Data from CoinATMRadar show that until December 2022, Puerto Rico had 31 cryptocurrency ATMs: 24 in San Juan, in Mayagüez, and Ponce there are two in each, while Rincón, Cabo Roko, and Isabela have one (each). Most provide support for Bitcoin, Lightning BTC, Bitcoin Cash, Ether, Dash, Litecoin, Zcash, Monero, Dogecoin, Tether, and Ripple.
Arrival in Puerto Rico Details
The announcement via Twitter reads as follows:
“We’re excited to announce that we are expanding our #CryptoATMs into Puerto Rico! This expansion is furthering our mission to make #crypto safe and accessible to everyone! Customers can learn about the expansion and find locations in #PuertoRico at https://bit.ly/3XDXUId.”
The company emphasized the following:
“Amid the recent turmoil in the crypto space, CoinFlip is steadily growing and seeing demand among its user base. As one of the trusted names in the industry, CoinFlip is determined to create secure access to digital currencies in Puerto Rico. The company has plans to expand in the area with additional locations to be announced in the coming months.”
Location of the ATMs
The four CoinFlip cryptocurrency ATMs in Puerto Rico will be located at:
Gulf: 18-20 C. Georgetti, Caguas, 00725, Puerto Rico.
TotalEnergies: Bayamón Centro, Ramon Luis Rivera AVE Carretera 167, PR-2, Bayamón, Bayamón, 00959, Puerto Rico.
TotalEnergies: Stop 24, 1606 Av. Manuel Fernández Juncos, San Juan, 00907, Puerto Rico
TotalEnergies: San Claudio, Calle San Claudio, 373 Urb, San Juan, 00926, Puerto Rico.
Ben Weiss, CEO, and co-founder of CoinFlip, believes that anyone will be able to use the ATMs:
“Since the inception of CoinFlip, we have prioritized education and accessibility. We believe that anyone who is interested in cryptocurrencies should be able to invest. As a result, we hope to connect Puerto Ricans with our award-winning customer service to make it easy to get bitcoin and other cryptocurrencies. We look forward to expanding our offerings within the area and becoming a crypto resource for the community.”
CoinFlip is one of several companies with Bitcoin ATMs installed in Puerto Rico. Among them, it is worth mentioning Bitstop, available at the Puma service station located in Marginal Los Angeles in Carolina Athena, in the northeast region. On the other hand, Bitcoin has another six ATMs for the purchase of BTC and other cryptocurrencies.
Businesses that accept cryptocurrency as a form of payment have also been multiplying on the island. So visiting this territory and its beautiful beaches can be a good option if you are in the company of the most popular crypto assets.
By Audy Castaneda
