20 BTC ATMs were installed in Circle K Convenient stores around the United States which marks the expansion of retail crypto availability in the Western US. In the latest cryptocurrency news today, we are talking about Nevada and Arizona where Circle K Stores now host the new ATMs.
According to reports, the new bitcoin ATM machines only serve BTC with more than 10% mark-up for purchases. This new opportunity is named as the pilot program so Circle K has now more than 15,000 other locations in the plan for ATM installation. The press release also pointed out that the new 20 BTC ATMs are mainly one-directional. DigitalMint’s website shows that some of the machines will accept credit or debit cards. This company offers multiple services all including Bitcoin. In addition to providing offline Bitcoin ATMs, the company makes possible for outlets to act as bitcoin tellers which are a similar model used by LibertyX.
The stores, however, were not able to discuss further the new machines and needed to transfer the call to corporate in order to explain further. The stores were also not allowed to answer any questions to the media. Corporate also did not have an accurate answer of how much the interest for the ATMs will increase with this new machine. The increased presence of Bitcoin ATMs has played a very important role in the mass crypto adoption outside tech circles. The increased BTC demand and the demand for ATM locations shows an increased demand for exchanges putting pressure on the price. Bitcoin ATMs and FOMO can bring a massive bitcoin bull run and return to dominance. Joel Konicke, a representative for Circle K noted:
“We are very happy to add DigitalMint as a partner and we look forward to working with their team. Partnering with DigitalMint allows us to provide our customers with seamless access to bitcoin, at a very reasonable price.”
As noted in the altcoin news before, the United States has now more than 3,200 crypto ATM locations with the larger part of the country being unserved. The industry is still struggling with things like partnerships and little knowledge of crypto, but crime is involved as well. According to Coin ATM radar, the United States has more than 3,200 BTC ATMs. At this point, there is literally one bitcoin ATM for 1 million people.
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