Bitcoin Depot Over 5,000 Bitcoin ATMs

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Over the past six months, bitcoin ATM company Bitcoin Depot has more than tripled its machine count across the U.S. and Canada, according to a press release. The expansion was fueled by an appetite for BTC from a wide range of communities in North America, especially the unbanked. Bitcoin ATMs increase convenience by enabling physical purchases with cash  without requiring the customer to have a bank account  but also entail high costs.

“It’s no doubt the crypto market has captured mainstream interest, and the demand from consumers and retail industry giants continues to grow,” said Brandon Mintz, president and CEO of Bitcoin Depot, per the release. “This gives us a greater opportunity to expose Bitcoin Depot ATMs to individuals seeking convenient access to alternative financial services and cryptocurrency.”



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