Leblon Shopping in Rio de Janeiro gets its first Bitcoin ATM

Rio de Janeiro gets Bitcoin ATM so crypto users can use BTC for their Christmas shopping

Shopping Leblon, in Rio de Janeiro, won this Saturday, 19, its first Bitcoin ATM. The machine was installed and is operated by Coin Cloud, world leader in Bitcoin ATMs.

With the installation of the new equipment the company now has 4 Bitcoin ATMs in Brazil, three in São Paulo and now one in Rio de Janeiro.

„With Bitcoin Pro recent price hike, this is the perfect time for Rio residents to withdraw their BTC and spend their newly discovered wealth at the mall. The multi-storey mall offers a variety of luxury stores, as well as restaurants and a movie theater,“ highlights a company press release.

According to the company, the launch was scheduled to coincide with Christmas purchases, since the Coin Cloud machines allow customers to buy and sell virtual currency with cash.

The Coin Cloud operates the largest network of premium two-way machines, offering a selection of 30 digital currencies, including Bitcoin, Litecoin, Ethereum and several stablecoins .

Until now, Rio residents could only trade cryptomoedas online through a few brokers. For the first time, they can now buy and sell digital currency with cash quickly and easily.

The latest Bitcoin ATM from Coin Cloud is located at: Av. Afrânio de Melo Franco (Inside Men’s House), 290 – Leblon, Rio de Janeiro – RJ, 22430-060.

„We are very excited to expand our project from Brazil to Rio so quickly and this time of year,“ said Isabela Rossa, International Business Development of Coin Cloud. „Even if the stores at Shopping Leblon don’t accept BTC as a form of payment, now you can withdraw money at Coin Cloud BTM on the second floor and make your purchases in reais.

Bitcoin ATMs

According to Coin ATM Radar data, 1,118 new ATMs opened worldwide in November alone.

This way the number of new Bitcoin ATMs rose 8.9% in just one month.

Currently, according to the portal there are 13,936 Bitcoin ATMs in the world and it is interesting to note that in the entire history of the cryptoactive electronic systems industry there has never been a drop in the number of new installations.