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Over 100 New BTC ATMs Launched by Cryptocurrency ATM Network

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bitcoin ATM growth in USA

The largest and rapidly growing BTC ATM network BTC Depot has launched more than 100 new BTC ATMs across the 24 states in the US.

The company’s BTC ATM count has increased by more than two-folds in the last six months, which means that there are currently over 2,000 BTC Depot kiosks.

The BTC ATMs enable cryptocurrency to be exchanged into digital cashing, which allows for simple, in-person exchanges that give immediate buying power to users.

Given BTC Depot’s impressive growth, it is a sign that cryptocurrency transactions are growing in popularity. BTC and other digital cryptos are becoming more accepted by the mainstream.

The company is planning to open 115 more BTC ATMs across 24 different states including Alabama, Minnesota, Florida and California. The aim is to bring new financial service to community members, especially the underbanked ones.

BTC Depot President and CEO Brandon Mintz said:

“Cryptocurrency offers a lot of opportunities for people that don’t have access to traditional financial services, like banks.”

“Our kiosks allow them to essentially self-bank through the digital wallet on their phone, by turning their cash into cryptocurrency which can be used to transfer money, pay bills or invest. We are proud that our continued expansion will bring this option to more people across the world.”

The company is anticipated to grow by 200% within 2021.

The post Over 100 New BTC ATMs Launched by Cryptocurrency ATM Network appeared first on SuperCryptoNews.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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