PR: Bitcoin Depot Adds 30 Bitcoin ATMs in Chicago With Zero Fees
HomeCryptocurrency NewsCryptocurrencies Latest News

PR: Bitcoin Depot Adds 30 Bitcoin ATMs in Chicago With Zero Fees

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitc...

Meet the Stablecoins Taking on Tether
Vietnam’s Prime Minister Directs Central Bank to Strengthen Cryptocurrency Framework
P2P Trade Spikes in Canada Amid Bank Restrictions on Crypto Transactions

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

As cryptocurrencies continue to influence the financial service industry and provide users with endless possibilities, bitcoin ATMs have proven to play a critical role in the cryptocurrency adoption process. Bitcoin ATMs convert fiat currency into digital cash, ensuring a seamless transaction experience.

Bitcoin ATMs, which are also called BTMs or bitcoin kiosks, are among the fastest growing industries around the world due to the increased demand for physical cryptocurrency transactions. In the past year, the numbers of bitcoin ATMs have more than doubled from 2,000 to over 4,000 bitcoin ATMs. The expansions of bitcoin ATMs around the world has been attributed to the increasing acceptance and use of bitcoin for financial transactions. Bitcoin ATMs have made cryptocurrency become a popular form of payment in certain parts of the United States.

Although several companies own and operate bitcoin ATMs, Bitcoin Depot is currently the largest multi-cryptocurrency ATM operator in the world by leaping from third place to number one in less than a year. Bitcoin Depot contributed to the growth of cyrptocurrency ATMs by installing over forty percent of all bitcoin ATMs in the United States and accounted for one-third of all Bitcoin ATM installations around the world in the month of January alone. The previous year experienced an increase in the number of Bitcoin ATMs around the country and further growth has been predicted by market experts, despite fluctuating bitcoin prices.

Bitcoin Depot kicked off 2019 by expanding to seven new states; Illinois, Arizona, Nevada, Virginia, Georgia, Florida and California. The company installed a total of fifty bitcoin ATMs since January, increasing the total number of Bitcoin DepotATMs installed from 155 to over 200 in about a month according to CoinATMradar competitor chart.

As Bitcoin Depot saw the increased demand for bitcoin ATMs in Chicago, the company decided to expand by installing over thirty Bitcoin ATMs in Chicago, Illinois. This is the largest expansion for Bitcoin Depot and the bitcoin ATM industry up to date. Bitcoin Depot also leads this campaign by providing ZERO transactions fees for using bitcoin ATMs located in this region to increase bitcoin adoption, making it the cheapest way to acquire bitcoin in the world.

However, questions still remain. Will the installation of new bitcoin ATMs in Chicago drive a higher bitcoin adoption rate in the state than elsewhere? Will the access to bitcoin ATMs increase the acceptance to the new cryptocurrencies? The CEO of Bitcoin Depot, Brandon Mintz, says his company is “serving a very niche customer base” and believes this will increase bitcoin adoption. The strategic placement of the Bitcoin Depot ATMs displays the effort of the company to integrate cryptocurrencies into mainstream locations, positively impacting the adoption of bitcoin.

Bitcoin Depot believes bitcoin ATMs are crucial for the acceptance and adoption of bitcoin as it is the vital connection between the underbanked communities to the crypto world. The company believes the new installations of bitcoin ATMs and zero transaction fees will continue to increase bitcoin adoption in the near future and thereby create a larger market for expansion. Bitcoin Depot wants to continue to be at the forefront of the bitcoin ATM industry, providing more people with access to bitcoin ATMs to convert fiat currencies into cryptocurrencies in the future.

Contact Email Address
https://www.bitcoindepot.com/

Supporting Link
https://www.bitcoindepot.com/

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: Bitcoin Depot Adds 30 Bitcoin ATMs in Chicago With Zero Fees appeared first on Bitcoin News.



from Bitcoin News http://bit.ly/2Pb4Wl1
Name

Bitcoin News,5117,Bitcoinist.com,4741,Cryptocurrencies,4741,Cryptocurrencies Latest News,5117,Cryptocurrency Latest News,4741,Cryptocurrency News,9858,
ltr
item
Cryptocurrency Latest News: PR: Bitcoin Depot Adds 30 Bitcoin ATMs in Chicago With Zero Fees
PR: Bitcoin Depot Adds 30 Bitcoin ATMs in Chicago With Zero Fees
https://news.bitcoin.com/wp-content/uploads/2019/04/1f34343326d4-chicago_pr_header-768x298.png
Cryptocurrency Latest News
http://cryptocurrencylatest.blogspot.com/2019/04/pr-bitcoin-depot-adds-30-bitcoin-atms.html
http://cryptocurrencylatest.blogspot.com/
http://cryptocurrencylatest.blogspot.com/
http://cryptocurrencylatest.blogspot.com/2019/04/pr-bitcoin-depot-adds-30-bitcoin-atms.html
true
1236144943044321696
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy