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Circle K convenience stores will host thousands of crypto ATMs

July 22, 2021. Summarized by summa-bot.

Compression ratio: 48.8%. 1 min read.

More than 700 of Bitcoin Depot's crypto ATM machines have already been installed at Circle K convenience stores in 30 U.S. states, with more expected.

The largest Bitcoin ATM operator in the world has said it will be expanding into Circle K locations in the United States and Canada.

Bitcoin Depot announced today that more than 700 of its Bitcoin ATM machines had already been installed at Circle K convenience stores in 30 U. S. states as part of the new partnership.

“Over the last year, we have watched cryptocurrency gain mainstream adoption by wealth managers and investment firms, but what about the people that don't have access to those services?” Bitcoin Depot’s director of product Alona Lubovnaya told Cointelegraph.

The company claims to have more than 3,500 crypto ATMs in operation across the U. S. and Canada allowing customers to purchase more than 30 different types of cryptocurrencies including Bitcoin (BTC), Litecoin (LTC), and Ether (ETH).

Related: The number of Bitcoin ATMs in the US rose 177% over the past year

The number of crypto ATMs across the globe allowing customers to exchange fiat for crypto has grown significantly in recent years.

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by summa-bot

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