Bitcoin Depot, the world’s largest bitcoin ATM network, has formed an exclusive partnership with Circle K that spans across both the U.S. and Canada. At the time of writing, approximately 700 Bitcoin (BTC) ATMs are presently operating across 30 states.
Circle K is the first major retail chain to deploy cryptocurrency ATMs within its stores. As one of the global leading convenience and fuel retailers, this announcement is one with huge implications.
Bitcoin Depot Teams Up with Circle K Across North America
“Circle K understands that cryptocurrency will be a growing part of the future economy and payments landscape. Through our collaborative partnership, we aim to provide new ways for people to buy bitcoin instantly in a familiar environment in their local neighborhood Circle K.”
Bitcoin Depot ATMs are kiosks that enable users to exchange cash for cryptocurrency with simple, in-person transactions. These futuristic ATMs provide users immediate access to BTC along with over 30 other cryptocurrencies.
As one of the world’s leading convenience and fuel retailers, Circle K operates 14,200 convenience stores with fuel pumps across 26 countries and is among the first chains to start deploying bitcoin ATMs in its stores.
Thousands of Locations to Host Bitcoin Depot ATMs
“By adding Bitcoin ATMs to the Company’s stores, Circle K can attract new customers to their stores, offer financial access to underserved communities, and set themselves apart from other retailers with this new technology.”
Anyone looking to use a Bitcoin Depot ATM can find one at the official Bitcoin Depot website, where all of the Circle K locations with Bitcoin ATMs are listed.
To use one of the ATMs, investors would visit a Bitcoin Depot ATM within a Circle K convenience store and insert cash after providing their wallet address. Following these steps, the purchased cryptocurrency transfers to the provided wallet address.
The whole process in its entirety, from signing up for an account to completing a transaction, only takes about 1-2 minutes, and, as demand for cryptocurrency increases, more and more customers are visiting convenience stores to use them every day!
New to Swapfolio?
Are you overwhelmed by multiple tabs and portfolio trackers?
Consider giving our dApp a try next time you swap for your favorite ERC-20 token, like our $SWFL token, which you can easily stake for daily rewards here!
If you are struggling to manage your Uniswap tokens – as always, we have got you covered.
Give Swapfolio a try today – for free!