Bitcoin Depot, a cryptocurrency ATM network, announced on Monday it has launched more than 350 new crypto ATMs opening across the U.S.
Founded in 2016, Bitcoin Depot describes itself as a multi-cryptocurrency ATM network that offers users the ability to buy and sell Bitcoin, Litecoin, Ethereum, and Bitcoin Cash at each of its ATMs across the U.S.
“Our mission is to provide the most secure, convenient, and fastest cryptocurrency transaction. Our vision is to bring cryptocurrency market to the masses.”
Bitcoin Depot reported that it has more than doubled its kiosk footprint in the last six months, surpassing 2,500 kiosks worldwide, as it continues its mission to provide easy and convenient access to cryptocurrency transactions for all. Throughout the past month, Bitcoin Depot deployed 355 crypto ATMs in 40 different states, including:
- 40 new kiosks across Florida
- 32 new kiosks across North Carolina
- 24 new kiosks across Texas
- 23 new kiosks across California
- 20 new kiosks across Georgia
Speaking about the latest milestone, Bitcoin Depot President and CEO, Brandon Mintz, stated:
“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 transfer money, pay bills or invest. We are proud that our continued expansion will bring this option to more people across the world.”
Bitcoin Depot then concluded that it expects to grow by 200% this year.