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- Bitcoin Depot announces over 350 new crypto ATMs, opening across 40 states.
- The more than 2,500 kiosks offer an instant and in-person exchange of cash for crypto in Bitcoin, Litecoin, and Ethereum.
- Bitcoin Depot’s growth is a remarkable representation of cryptocurrency’s growing popularity and mainstream adoption.
Bitcoin Depot is the Atlanta-based largest and fastest-growing multi-cryptocurrency ATM network in the world. Announced on Monday, Bitcoin Depot is expanding. It is opening as many as 350 new crypto ATMs across the nation, revealed Cision PR Newswire.
Bitcoin Depot: Exchange Cash For Crypto
In its quest to provide easy and convenient access to cryptocurrency transactions for all, the American company has more than doubled its kiosk footprint in just the last six months. The ‘exchange cash for crypto’ kiosks provides a simple and in-person exchange interface. With over 2,500 Crypto ATMs in 42+ states, Bitcoin Depot offers ‘instant’ cash trade in Bitcoin, Litecoin, and Ethereum.
Growth Of Crypto ATMs
The U.S. firm’s impressive growth is a remarkable representation of cryptocurrency’s growing popularity and mainstream adoption. It even drove a surge of large convenience chains hosting crypto ATMs and many other dignitary firms to initiate acceptance of the top-rated cryptos as a direct form of payment.
Over the last month alone, Bitcoin Depot deployed around 355 new crypto kiosks across 40 different states, which includes Florida (40), North Carolina (32), Texas (24), California (23), Georgia (20), and more. The firm expects a 200% growth this year.
Avail Crypto Option To People Worldwide
Brandon Mintz, President and CEO of Bitcoin Depot – “cryptocurrency offers opportunities” to people who don’t have access to “traditional financial services”. Essentially, the ATM kiosks allow users to “self-bank” through their phone’s digital wallet. It turns “cash into cryptocurrency” to be used in money transfers, bill payments, or investments. And with its “continued expansion,” the firm is enabling this feature to “more people across the world.”
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
