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Bitcoin Latinum and OSO ATMs enter into a 3 year partnership to install LTNM ATMs in the US

Bitcoin Latinum and OSO ATMs enter into a 3 year partnership to install LTNM ATMs in the US

By Edlyn Cardoza

October 29, 2021

  • Asset management
  • Bitcoin
  • Bitcoin Latinum

Bitcoin Latinum, the next generation of insured asset-backed cryptocurrency, recently announced an exclusive partnership with OSO ATMs, one of the largest ATM providers, to support the installation of 100,000 Bitcoin Latinum ATMs in all fifty states of the United States.

Developed by Monsoon Blockchain Corporation on behalf of the Bitcoin Latinum Foundation, LTNM is a greener, faster, and more secure version of Bitcoin that is capable of managing massive crypto transactions while being highly efficient in terms of cost and scalability. As part of its plan to introduce cryptocurrencies, the company has partnered with various trading platforms to list its native LTNM token for trading.

Partnering with a full-service ATM company, OSO ATMs, marks a new journey for the company to further expand its vision of making crypto easily accessible to everyone. It will also help the cryptocurrency to further expand its customer reach. As part of the partnership, OSO ATM will assist Bitcoin Latinum in installing 100,000 ATMs in all 50 US states, where users can easily purchase LTNM tokens using their fiat currencies.

Donald Basile, the founder of Bitcoin Latinum, said in an interview about the partnership: “OSO aims to install 25,000 ATMs out of Bitcoin Latinum and Bitcoin by the end of January 2022, which will further support the mass adoption of Bitcoin Latinum.”

OSO ATM is an Arizona-based ATM company that provides a variety of ATM services to customers in all 50 states of the United States, including ATM processing, custom ATM branding, ATM equipment sales, and more. In addition, the ATM company also offers bitcoin kiosk machines. However, with this exclusive 5 year partnership, OSO ATMs will help install 60,000 LTNM ATMs during those 5 years. The company has set itself the goal of installing at least 8,000 ATMs in various states in the United States by the end of 2022.

Arikat, Chief Operating Officer at OSO ATM-Nationwide ATM Company, shared his views on the partnership, saying, “Crypto ATM operations are gaining momentum in other parts of the world. In El Salvador, for example, bitcoin ATMs allow people to transact with the crypto token or convert it to fiat. Bitcoin Latinum aims to make cryptocurrency easier to use in the United States and we are very proud to be part of their journey to bring cryptocurrencies to mainstream audiences. “


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