Bitcoin ATMs Are Cropping up Near Gas Stations And You Can Also Draw Cash
The bitcoin ATM machines have multiplied quickly through the United States over the past year, fueled by a frenzy in crypto trading that sent bitcoin prices over $58,000.
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The bitcoin ATM machines have multiplied quickly through the United States over the past year, fueled by a frenzy in crypto trading that sent bitcoin prices over $58,000.
5 Min Read (Reuters) - A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners of New York City: a brightly-lit bitcoin ATM, where customers can buy or sell digital currency, and sometimes extract hard cash. The machines have multiplied quickly through the United States over the past year, fueled by a frenzy in crypto trading that sent bitcoin prices over $58,000. Kiosk operators such as CoinFlip and Coin Cloud have installed thousands of ATMs, scouring areas competitors have not yet reached, executives told Reuters. “I just assumed...
Over the past year, the machines have sprung up across the United States due to the frenzy surrounding crypto trading that sent bitcoin prices over $58,000.
Read more about Cyptocurrency trading frenzy fuels boom of Bitcoin ATMs in parts of US on Business Standard. Bitcoin's growing popularity has been the primary driver for new installations
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