The Strategist

Bitcoin goes shopping: Crypto ATMs appear in US shopping malls

11/28/2019 - 02:04

Bitstop company, one of the crypto ATMs of which can be found at the Miami airport, has partnered with US Simon Malls.

Bitcoin terminals have appeared at five Simon Malls malls in California, Georgia, and Florida. According to Andrew Barnard, Head of Bitstop crypto-manufacturing company, such devices can introduce a new audience to the field of digital money.

“We will allow customers to conveniently buy Bitcoin while shopping at the holidays,” said Barnard.

He added that the company is working in full compliance with requirements of regulators, and plans to expand its Bitcoin terminal network to 500 more machines by the end of next year. According to Bitstop, the average purchase size of a cryptocurrency through the company’s crypto ATMs is $ 160. The company's main target audience includes people who use the main digital coin as a means of saving value, as well as a means of payment.