Bitcoin Depot Deploys Over 350 ATMs in the US, Global Number Exceeds 19,000

By Lubomir Tassev7 days ago

Cryptocurrency ATM operator Bitcoin Depot has launched 355 new teller machines across the United States. The announcement comes as the number of ATM locations supporting crypto-fiat exchange now exceeds 19,000 globally.

US Company Bitcoin Depot Expands ATM Coverage in 40 States

Bitcoin Depot, which runs a growing network of crypto teller machines in the U.S., has added 355 new kiosks only in the past month. In March, it announced the launch of 115. Its ATMs allow registered users with a wallet to acquire cryptocurrency. For amounts of less than $250, providing a phone number will be enough for identity verification.

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The Atlanta-based company says it has installed over 2,500 crypto ATMs worldwide, most of which are in the U.S. The latest batch of 355 machines have been deployed in 40 U.S. states, 20 of which are in its home state of Georgia, 40 in Florida, 32 across North Carolina, 24 in Texas, and 23 new kiosks across California. Most locations are open 24/7.

Source: Bitcoin Depot

In just six months, Bitcoin Depot has doubled its footprint and now expects growth to reach 200% this year, a press release details. Its kiosks support purchases and sales of three different cryptocurrencies with fiat: BTC, LTC and ETH.

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