Bitstop Installs Bitcoin Automated Teller Machine In Miami Airport

Posted On: 11/4/2019

  • Printer Friendly Version
  • Decrease Text SizeIncrease Text Size
  • PDF


By Tim Sanford

TRAVELER'S AID: Bitstop automated teller machine speeds and simplifies the task of buying and selling small qualtities of Bitcoin cryptocurrency for travelers at Miami International Airport.

MIAMI - Miami-based Bitcoin technology startup Bitstop has announced its installation of Miami International Airport's first Bitcoin automated teller machine. Through the ATM, customers can conveniently buy or sell Bitcoin for cash while traveling.

The airport's Bitstop Bitcoin ATM is located in concourse G next to gate 16. According to Bitstop, this is a strategic location for Bitstop, the first and largest Bitcoin ATM operator in Florida; Miami International Airport is the third-busiest airport in the United States in terms of international passenger traffic, the largest gateway between the United States and Latin America and is one of the largest airline hubs in the United States.

"We're excited to be working with Miami International Airport on this historic deal," said Bitstop cofounder and chief strategy officer Doug Carrillo. "More and more people prefer to travel with Bitcoin instead of cash, for convenience and security. Miami International Airport is a perfect place for our customers to conveniently exchange their dollars for Bitcoin and vice versa, when traveling domestically or abroad."

Using Bitcoin ATMs has become one of the easiest ways to buy or sell small amounts of Bitcoin for cash. The MIA location marks Bitstop's 40th Bitcoin ATM installation over the last two months, and brings Bitstop's total Bitcoin ATM count to 130 machines nationwide. The company reports that demand for Bitcoin ATMs has exploded and, as a result, Bitstop is on pace to reach 500 Bitcoin ATMs installed worldwide by the end of 2020.

Bitstop is a Bitcoin technology software company headquartered in Miami, Florida, and one of the largest Bitcoin ATM software platforms in the world.