DigitalMint,
a Chicago-based over-the-counter cryptocurrency trading platform, has
installed bitcoin kiosks at 20 Circle K convenience stores as part of a
pilot program across Arizona and Nevada.
This represents the largest expansion for the crypto platform since its founding 2014, according to a press release. In five years, the company has established either ATM or in-person teller branches to 250 locations in 25 states.
“We are thrilled to be partnering with a respected organization like
Circle K,” said Marc Grens, DigitMint’s president, in the release. “This
partnership opens the door for massive expansion of bitcoin access to
new markets around the globe.”
DigitalMint ATMs allow consumer access to buy and trade up to $20,000 bitcoin, ethereum, and litecoin
per day. The company charges 12 percent of a transaction, though rate
reductions are available according to the company’s website.
“Partnering with DigitalMint allows
us to provide our customers with seamless access to Bitcoin, at a very
reasonable price,” said Joel Konicke, category manager at Circle K
Stores Inc., in the release.
Purchases must be made with cash, as the company does not accept
debit or credit cards. Bitcoin can also be purchased through bank wire,
but the company sets a $5,000 minimum. Approved customers can have
transaction limits pushed above $1 million.
The bitcoin ATMs in Arizona are located in Phoenix, Mesa, Tempe,
Tucson, Flagstaff, Surprise and Maricopa. In Nevada, the ATMs can be
found in Las Vegas.
source link
