Cryptocurrency

You can buy cryptocurrencies with cash in Mexico from the atms of BBVA and Banamex

Tauros, the platform of a mexican allows users to manage their accounts in mexican pesos, u.s. dollars, and cryptocurrencies, recently added the service of purchase of criptoactivos with cash through the 11,000 atms banks BBVA and Banamex are distributed throughout Mexico.With the new service, users can take advantage of the integration of Tauros with the network of atms of the banks BBVA and Banamex deployed in the country to acquire cryptocurrencies through a bank deposit traditional cash, which can also be done at any of the ticket offices of these banks.The operation consists in paying funds, in mexican pesos from the atm or box office, to the account of the user in Tauros. The money available in weights can be used to acquire cryptocurrencies. Immediately the buyer will receive the equivalent of their acquisition in any of the criptoactivos available as Bitcoin, Bitcoin Cash, Zach, Litecoin and Dash, in accordance with information obtained by Breaking News through the chat support of the platform in mexico.The past January 27, Dash Core Group announced that its criptomoneda may also be gained through the service that offers Tauros, thanks to a commercial partnership that will allow them to be available to citizens who do not have bank accounts and who live in Mexico, where the use of cash still predominates.Tauros began operations in Mexico in the past 3 of October, with the idea to expand the use of cryptocurrencies in Mexico, as other means of payment. Their services that qualify as “neobanco”, they were able to facilitate its alliance with the banking institutions of the country. This new concept of the bank provides intermediation services bank, through a business model that is 100% digital, which is well seen by BBVA as can be seen in a publication on its website.“For BBVA Research, the novelty of the ‘neobancos’ is their focus in offering a better experience to customers, with more closeness via mobile or other channels are not face-to-face, and its emphasis on the transparency and reduction of the commissions,” says the note, which also explains that through its partnership with these financial institutions BBVA’s increased presence in the Uk, EE. UU., Brazil and Finland.In Mexico, there are other alternatives for acquiring cryptocurrencies using money fiat. Such is the case of the platform Latamex, launched by Binance in mid-December of 2019. From that point on, the users can access the new service of Binance by directly entering to the platform, in order to buy or sell BTC, BNB, ETH. Also includes the criptomoneda anchored to the dollar, BUSD, approved by the Department of Financial Services of New York, as announced in the press release.In addition, the house of change Kapytal, that to the middle of last year unveiled its new partnership with PundiX. Offer selling points for bitcoin and other cryptocurrencies. With this agreement, Kapytal will allow citizens of Mexico to buy bitcoin, litecoin, ether, binance coin and DAI through these points of sale. Offer their services as a provider of liquidity and background of retention, for the settlement of transactions. That is to say, they ensure that the funds, both in cryptocurrencies as in the money trust, will be handed over to the incumbent.Another alternative in Mexico are atms bitcoin. Most of the ATM in the mexican territory, are located in the capital City of Mexico, where it can be found in five locations.