• Days
  • Hours
  • Mins
  • Secs
  • Thu, 19 Sep 2019, 06:56 PM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Bitcoin ATMs now available in convenience stores across Arizona and Nevada

Bitcoin ATM.Dave Taylor/Flickr

Sun, 23 Jun 2019, 14:10 pm UTC

Improving access to cryptocurrency, a pilot project involving automated teller machines that process bitcoin transactions are now available in convenience stores in Arizona and Nevada. The project is courtesy of DigitalMint and the convenience store chain it partnered with is Circle K. Together, they brought about the installment of bitcoin ATMs in over 20 of the chain’s convenience stores.

This is basically the largest expansion of DigitalMint’s influence since it was founded and this also makes it the largest operator of its kind in the US, the press release notes. Both DigitalMin President & Co-Founder, Marc Grens and Circle K Stores Inc. Category Manager, Joel Konicke expressed excitement regarding the partnership.

“We are thrilled to be partnering with a respected organization like Circle K,” Grens said. “This partnership opens the door for massive expansion of Bitcoin access to new markets around the globe.”

“We are very happy to add DigitalMint as a partner and we look forward to working with their team," Konicke said. “Partnering with DigitalMint allows us to provide our customers with seamless access to Bitcoin, at a very reasonable price.”

For some context, DigitalMint already has ATMs in over 25 states via 250 machine and even in-person tellers, Coindesk reports. Each customer can conduct transactions of up to $20,000 worth of bitcoin purchases within a 24-hour period. Each transaction will come with a 12 percent charge, though, there is a possibility of reducing the fee rate.

These ATMs are also intended to make the purchase of bitcoin or even other forms of cryptocurrency easier. Simply going up to the ATMs allows for seamless crypto purchases and trading. With regards to purchasing bitcoins, customers will have to it through cash because credit and debit cards are not currently supported. For those interested in doing so through a bank wire, there is a $5,000 minimum when going with this option.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,058.10 (-1.61%)
  • Ethereum (ETH) $220.52 (+3.45%)
  • XRP (XRP) $0.302700 (-3.54%)
  • Bitcoin Cash (BCH) $317.34 (-3.06%)
  • Litecoin (LTC) $77.18 (-2.18%)
  • Bitcoin (BTC) $10,058.10 (-1.61%)
Sep 19, 2019 (Thursday)
12:27
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
12:27
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:57
Chinese financial institutions increasingly adopting big data, blockchain and AI: Moody’s
10:50
Crypto Technicals: Monero fails to hold 200-DMA break, erases most of previous session's gains
10:16
North Korea reportedly in early stages of developing bitcoin-like national cryptocurrency
09:37
UAE’s Ministry of Health and Prevention rolls out blockchain-based system
09:17
PUBLISH’s native token ‘NEWS’ listed on CoinMarketCap
08:44
Craig Wright asks 30-day extension as he holds talks to settle $10B lawsuit
08:33
Crypto Technicals: Litecoin (LTC) flashing signs of weakness, bearish engulfing and overbought oscillators weigh
07:40
Germany adopts comprehensive blockchain strategy to block Facebook's cryptocurrency Libra
07:36
Litecoin Foundation selects Celsius Network as preferred interest bearing wallet
06:42
Turkey plans to create National Blockchain Infrastructure and regulatory sandbox
06:29
Crypto Technicals: ETH/USD retreats from 6-week highs at 217.49, close below 200-DMA to see further weakness
05:33
Tata Motors looks to collaborate with startups on blockchain-based solutions amid automotive sector slowdown
04:49
Cybersecurity startup GK8 scores $4M to conduct cryptocurrency transactions without connecting to the Internet
04:48
Crypto Technicals: Bitcoin turns bearish, slumps below $10,000 mark
03:56
SpaceChain wins €60K grant from European Space Agency for blockchain satellite wallet
03:52
Huobi launches fiat-to-cryptocurrency exchange in Argentina
Sep 18, 2019 (Wednesday)
04:56
Crypto exchange Binance.US to not launch in 13 U.S. states
04:29
VanEck, SolidX pull out bitcoin ETF proposal from SEC
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft