Circle K Partners with Bitcoin Depot to Build a Bitcoin ATM Network

Circle K, a leading convenience and fuel retailer, announced that it has partnered with Bitcoin Depot, the world's largest bitcoin ATM operator, to produce a Bitcoin ATM network across both the United States and Canada with more than 700 Bitcoin ATMs in 30 states already installed.

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Bitcoin Depot ATMs give users immediate access to bitcoin and more than 30 other cryptocurrencies. A customer inserts cash after providing his or her crypto wallet address, and crypto is sent immediately to the wallet. The process, from signing up for an account to completing a transaction, takes about one to two minutes. Customers can locate Bitcoin Depot ATMs at Bitcoin Depot's official website, where all Circle K locations with bitcoin ATMs are listed .

Bitcoin Depot CEO Brandon Mintz opined: "Circle K understands that cryptocurrency will be a growing part of the future economy and payments landscape. 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."

"At Circle K, we are passionate about making our customers' lives a little easier every day, and we are continually looking at ways to enhance their experience in our stores and be their favorite stop for a growing range of needs and occasions," said Denny Tewell, senior vice president of global merchandise and procurement at Circle K. "Our partnership with Bitcoin Depot further builds on this commitment, giving our brand an important, early presence in the fast-growing cryptocurrency marketplace as a convenient destination where customers can buy Bitcoin."

According to the crypto ATM tracking website Coinatmradar, the number of cryptocurrency ATMs has exceeded 24,000 globally. The machines are located in 75 countries. The U.S. tops the list with 21,161 locations, followed by Canada with 1,698 locations and the U.K. with 174 locations.