Bitbase Expands Its Crypto ATM Network in Argentina. It Offers Privacy and Convenience for Buying and Selling Bitcoin and Cryptocurrencies.

Bitbase, a Spain-based crypto ATM company, is expanding its operations in Argentina. The move is part of the company's effort to take advantage of

Bitbase, a Spanish crypto ATM company, is expanding its operations in Argentina. The move comes amid growing demand for cryptocurrencies in the country.

Bitbase, a digital asset exchange, first set up shop in Buenos Aires in 2024. Now, the company is aiming to deploy more terminals in 2025.

Crypto adoption is booming in Argentina. There are an estimated four million active cryptocurrency users in the country. And crypto services are already seeing high demand, with over 10 million accounts. This trend has not gone unnoticed by international companies like Bitbase.

Bitbase specializes in operating crypto ATMs, or electronic money vending machines, that allow users to buy and sell Bitcoin and other cryptocurrencies. The company already has a presence in several other countries and operates over 130 machines worldwide. Moreover, Bitbase runs 24 physical stores and has 50 employees around the globe. The company also boasts over 35,000 active users on its platform.

Bitbase Crypto ATMs Offer Privacy and Convenience in Argentina

Bitbase’s main competitor in Argentina is Athena Bitcoin. Operating around a dozen terminals in Buenos Aires and other key cities across South America, Athena declined to comment on the matter. However, Bitbase will be looking to scale up and offer more options to crypto users. But it will feature the company’s two-way terminals that will enable users to easily buy and sell Bitcoin and other virtual currencies.

One particular advantage that crypto ATMs boast is privacy. Transactions made through crypto ATMs, on the other hand, are not recorded by government bodies ARCA or AFIP. As it stands, when compared to Interac, it fails to provide users with the level of anonymity they enjoy when using the system in Argentina.

Furthermore, Bitbase also ensures that its machines are reliable. Ultimately, if there happens to be a technical issue, the assets are safely transferred to the user’s wallet. And since the transaction is recorded on the blockchain, it allows for recovery in case of a power outage or other interruptions.

Down the line, Bitbase is also looking to upgrade its ATM facility. In the future, the company hopes to integrate an option for users to pay with credit cards. This move will make it easier for more people to utilize the machines.

Bitbase’s expansion into Argentina is part of a growing trend of cryptocurrency adoption in the country. With more and more people looking to get involved in digital assets, crypto ATMs like Bitbase’s are making it easy and private to buy and sell Bitcoin and other cryptocurrencies.