Bitcoin Depot, the world’s largest cryptocurrency ATM operator, announced publicly today (23) that it has entered into a strategic partnership with Circle K convenience stores and will expand its operating locations to Circle K’s US and Canadian businesses. Currently, consumers are able to use nearly 700 cryptocurrency ATMs in Circle K convenience stores across 30 states in the U.S.
Circle K convenience stores operate approximately 7,150 stores in the United States and 2,111 stores in Canada, and are the predecessors of Taiwan’s OK convenience stores, but the two parties have now ended their partnership.
Cryptocurrency was conceived by Bitcoin Depot as a safe, fast, and secure way to purchase products. In the United States and Canada, it operates more than 3,500 crypto ATM machines, allowing customers to purchase more than 30 types of cryptocurrencies, including Bitcoin (BTC) and Litecoin (LTC). ) and Ether (ETH), etc.
It mentioned that the cryptocurrency will be sent to the wallet immediately, as long as you enter your cryptocurrency wallet address at the Bitcoin Depot Bitcoin ATM in the Circle K store and deposit cash, emphasizing that the entire process from registering an account to completing the transaction only takes 1-2 minutes.
Bitcoin Depot’s product director, Alona Lubovnaya, stated that they will form an alliance with this important partner to attract more communities to the cryptocurrency field:
“In the past year, we have seen asset management companies and investment companies gradually enter the cryptocurrency field, but what about those who cannot access these services? The ATM at Circle K can provide a simple entrance for the community who cannot access financial services and those who are not too affluent.”
Denny Tewell, Senior Vice President of Global Commodity and Purchasing at Circle K also said in the statement:
“At Circle K, we are passionate about making our customers’ daily lives easier. We are always looking for ways to solve the various needs of consumers, enhance their experience in our store, and become their favorite space.
Our cooperation with Bitcoin Depot will enable our brand to occupy an important early position in the fast-growing cryptocurrency market and provide customers with a convenient channel to buy Bitcoin.”
According to CoinATMRadar, nearly 24,000 units of ATM encryption currency are currently available in 75 countries. There are more than 22,000 of them in the United States, and their growth rate is astounding. In just one year, the number of newly installed machines has increased by 177% from March 2020 to March this year.
