Bitcoin ATMs to invade Circle K convenience stores

The largest Bitcoin ATM operator in the world has said it will be expanding into Circle K locations in the United States and Canada.

Bitcoin ATMs to invade Circle K convenience stores

The largest growing Bitcoin ATM network, Bitcoin Depot announced that more than 700 of its Bitcoin ATMs are already been installed at Circle K convenience stores across 30 U.S. states as part of the new partnership.

The crypto ATM distributor said the expansion could provide underserved communities with financial access tools and attract more people to the crypto space.

The company claims to have more than 3,500 crypto ATMs in operation across the U.S. and Canada allowing customers to purchase more than 30 different types of cryptocurrencies including Bitcoin, Litecoin, and Ether. Alimentation Couche-Tard, the Canada-based operator of Circle K, reports that its brand operates roughly 7,150 stores in the U.S. and 2,111 in Canada.

Last year, Bitcoin Depot announced that it was suspending service to certain machines in areas at high risk during the ongoing pandemic. The company has since reported that it has restored service to all locations, despite the recent rise in COVID-19 cases and deaths in the United States.

As the crypto sector is growing rapidly, the number of crypto ATMs across the globe allowing customers to exchange fiat for crypto has grown significantly in recent years.

At the time of publication, data from CoinATMRadar shows there are roughly 24,000 crypto ATMs in 75 countries, from Kazakhstan to Australia. The majority of more than 20,000 are in the United States.

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