Largest US mall operator installs five Bitcoin ATMs

More than 500 Bitcoin ATMs will be installed throughout malls in the United States by the end of next year, according to Bitstop CEO Andrew Barnard

Miami-based Bitcoin ATM provider Bitstop has partnered with the United States’ largest retail shopping mall operator Simon Malls.

According to a press release shared with Coin Rivet, five Bitcoin ATMs have already been installed in malls across the United States – just in time for Black Friday.

“With the strategic timing of this new installation of Bitcoin ATMs at Simon Mall locations, customers can conveniently buy Bitcoin while doing their Black Friday and Christmas holiday shopping,” said Andrew Barnard, Bitstop co-founder and CEO.

“Bitcoin is the perfect gift for family and friends this holiday season. Our Bitstop Bitcoin ATM mall locations are at the forefront of a trend as Bitcoin and digital currencies become part of the mainstream culture.”

Bitstop is a licensed and regulated ATM provider that has helped drive mass adoption of cryptocurrencies. There are now 6,000 Bitcoin ATM machines globally, with the number expected to reach 10,000 by the end of the year.

Barnard added: “We want to make sure our customers always have convenient access to our Bitcoin ATMs. There are now over 130 convenient Bitstop Bitcoin ATM locations across the country, with many more growing every month.

“We intend to expand our Bitstop network to include 500+ locations by the end of 2020.”

The company’s competitor, Coinme, partnered with Coinstar earlier this year to allow supermarket shoppers the opportunity to convert spare change and notes into Bitcoin.

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