Altcoin ATM Cash

This DeFi-powered crypto ATM is set to change the way we buy and sell digital assets

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A crypto company has released a high-powered, uptempo video to show off its new, cutting-edge ATM for digital assets.After one year of development, Velorex is now presenting its DeFi-focused machine to the masses — and it could be coming to a shop near you later this year.The company has started to take preliminary orders for these ATMs for local businesses, and they're set to be released commercially in the fourth quarter of 2022.The promotional campaign shows a man entering a convenience store and walking up to the machine.

He scans the QR code for his wallet, inserts some banknotes, and then chooses the coins he wants to buy. A final scan of his wallet means the transaction is complete.Through a simplistic touch-screen interface, it's also possible to convert cryptocurrencies into cash at any time — with money returned from the ATM itself.Velorex says that its ATM network is powered by VEX tokens — a deflationary BEP-20 token.

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