Mexico City Home to Over 55 Crypto ATMs
“Entering the Mexico market is a logical next step for CoinFlip as we continue our international expansion efforts. We’re confident that as adoption of cryptocurrency increases in Mexico, people will seek out technologies like CoinFlip to provide them with a convenient, secure, and easy way to buy, sell and invest in cryptocurrency.”
Ben Weiss, CoinFlip CEO and Co-Founder
CoinFlip claims to operate the world’s largest network of digital currency kiosks by transaction volume.
It says it operates “more than 5,000 kiosks across nine countries,” including the United States, Canada, Australia, New Zealand, South Africa, Italy, Panama, and Brazil.
It also says that it has “more than 400,000 worldwide customers,” and will “enable Mexican customers to combat inflation, build wealth, and easily send or receive money overseas.”
The press release cited a 2023 report by Chainalysis, stating that “Bitcoin is currently the most popular coin” in Mexico, “followed by Litecoin (LTC).”