Categories: Bitcoin Business

PR: Bitcoin Depot Launches 20 Crypto ATMs in Southern California

Click here to view original web page at

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. does not endorse nor support this product/service. is not responsible for or liable for any content, accuracy or quality within the press release.

As the Bitcoin ATM revolution continues to change markets, industries, and the masses’ relationship with digital currency, one company has established itself as a vital component to cryptocurrency adoption; that company is Bitcoin Depot. Cash is no longer king, as crypto-ATMs are looking to convert physical fiat into decentralized cryptocurrency, money that puts the power into the hands of the people rather than institutions.

This year Bitcoin Depot has already doubled their record from 2017. Bitcoin Depot recently reached the 160 ATM mark with an install rate of over 7 ATMs per month. That number is expected to reach 200 by the end of the year as more and more ATMs are installed in new markets. It is not unrealistic to predict that by 2020 Bitcoin Depot will have over 1,000 BTMs Worldwide.

California, which currently has 436 ATMs, is the number 1 destination for bitcoin ATMs. The market is so attractive that Bitcoin Depot added 20 crypto ATMs in southern California in only a month. Based in Atlanta, Bitcoin Depot has over 150 ATMs making it one of the largest bitcoin ATM companies in the world. With over 50 ATMs in Atlanta alone, the company saw a need to take over the California market. “California has always been the frontrunner of technological adoption,” commented Brandon Mintz, president of Bitcoin Depot, “we realized that we had to move into the LA and San Diego markets as quickly as possible”. The company is serious about the expansion as they placed 17 ATMs in the Los Angeles, including Anaheim, Oxnard, and Pasadena as well as 3 ATMs in the San Diego area in the month of July alone.

Bitcoin Depot, which began operations in 2016, has experienced quick growth as it has more than doubled the number of bitcoin ATMs in the past year and added 3 new cryptocurrencies. The company has also installed more bitcoin ATMs in the bear market than it did when bitcoin was at an all time high. Many people in the community believe that bear markets are good for industries as it brings regulations and dispels the buyers that are looking to get quick rich. It allows for the building of infrastructure in an industry to prepare it for bigger userbases and heavier traffic.

Bitcoin Depot strongly believes cryptocurrency ATMs play a vital role in crypto-adoption. One of the more overlooked demographics are those without access to a bank account. Bitcoin ATMs provide the benefits of cryptocurrency that the underbanked demographic would not have access to, such as having a place to store wealth as well as an easy money transfer solution. With an average of 350 ATMs installed each month, it’s not far fetched to believe that in less than a decade we could see an ATM in half of all the gas stations in America.

Watch a Demo of a Bitcoin Depot ATM via BCH Association.

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Bitcoin Price Chart Forecast: BTCUSD Awaits Pennant Breakout

Bitcoin Price Forecast: A series of lower highs and slightly higher lows has formed a pennant pattern Regardless of direction,… Read More

4 hours ago

Billionaire Blackstone CEO Heaped Praise On Blockchain—But Made A Bitcoin Warning

Bitcoin has won over many from the traditional finance industry , but far more of the investment old guard remain… Read More

4 hours ago

Early Ethereum advisor charged with extortion and arrested

The accused, Steven Nerayoff, violated the agreement made with a blockchain firm. If found guilty, Nerayoff and his associate Michael… Read More

4 hours ago

CME Group Reveals Plan for Bitcoin Options in Q1 2020

Leading derivatives exchange operator, CME Group announced in a press release today that it will launch options on its bitcoin… Read More

10 hours ago

Analyst: Bakkt Launch to Improve Trustworthiness of Crypto Markets

For the past year many participants within the crypto markets have been looking towards the official launch of Bakkt as… Read More

10 hours ago

IBM Stock Gets a Blockchain Pop

IBM (NYSE: IBM ) investors haven’t had all that much to complain about in 2019. After a precipitous drop over… Read More

10 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More