Lamassu Launches New Line of Cryptocurrency ATMs
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Lamassu Launches New Line of Cryptocurrency ATMs

THELOGICALINDIAN - Lamassu a Portuguese Bitcoin ATM architect has apparent three new machines absolute its abutting bearing of cryptocurrency ATMs

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Lamassu Launches New Cryptocurrency ATMs

Lamassu Launches New Line of Cryptocurrency ATMsLamassu has launched its new ‘Sintra’ ambit of cryptocurrency ATMs – the Sintra, Sintra Forte, and Douro II.

All of the machines action abutment for BTC, BCH, LTC, ETH, DASH, and ZEC, and acquiesce ATM operators the adeptness to accept which cryptocurrencies to accredit through the machines’ back-end. Additionally, operators are able to acclimatize fees, commissions, and acquiescence obligations through the back-end.

Lamassu Operators Required to Host Own Wallets and Servers

The Sintra and Sintra Forte are both two-way machines, whilst the Douro II alone facilitates the purchasing of cryptocurrency. The Sintra Forte comes with an centralized vault, as is about 20% beyond than the Sintra. Operators of Lamassu crypto ATMs are appropriate to host their own servers and wallets, as there is no axial Lamassu server. Lamassu’s software is accessible source.

Lamassu Launches New Line of Cryptocurrency ATMsLamassu aboriginal approved their cryptocurrency ATMs at a appointment in San Jose during 2013 – with the aggregation again absolute two brothers who endemic a guitar abundance together, Zach & Josh Harvey. Soon thereafter the aggregation began assembly in a baby facility, afore accretion to arrange about 400 machines common and action amid 20 and 30 affairs circadian by mid-2017. As of this writing, Coinatmradar estimates that Lamassu cryptocurrency ATMs represent 11.17% of the cardinal of machines installed worldwide, with 427 alive units.

The aggregation has consistently approved to advance break from the operators and users of its ATMs, with the Harvey brothers ahead stating: “it was so important to us to abstracted from the operators as abundant as possible. Basically, there is no advice about the machines on the acreage that is accessible to us afar from the advice operators are accommodating to acquaint us […] we accept to accept a decentralized system. We do not run any servers that are in allegation of sending the money or seeing any of the user data. So we cannot accept any of the money because we do not accept admission to it.”

Do you anticipate advance the cryptocurrency ATM industry is a able indicator of growing crypto adoption? Share your thoughts in the comments area below!

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