Miami based Bitcoin ATM Company, Bitstop, marked its expansion to California with 9 new ATM machines set up throughout Golden State. In addition to the newly launched locations breaking ground on the nation’s west coast, Bitstop also added 5 new machines in its home state of Florida.
The new Bitstop Bitcoin ATM’s can now be found strategically spread throughout key California areas, with three in Oakland, two in Los Angeles, one in Compton, Gardena, Stockton and one machine in Inglewood. New Bitstop locations have also been added throughout Florida including Kissimmee, Midtown Miami and Coral Springs. The recent additions bring the total number of Bitcoin ATMs Bitstop currently operates to 55.
“Since day one, we’ve been committed to providing a secure and easy way for users to buy digital assets like Bitcoin,” said Bitstop co-founder Doug Carrillo, “This expansion is our fulfillment of that pledge and while we’re excited to see it come to fruition, we’re also working on adding many more locations. The demand for Bitcoin is growing rapidly and adding more ATMs will help meet that demand.”
Bitstop’s ATMs feature a user friendly interface and an easy to follow, step by step process that allows users to buy Bitcoins with cash (USD) safely, using their state issued ID’s and their Bitcoin wallet via their mobile phone. Bitstop’s ATMs introduce the convenience of buying bitcoin with cash instantly, setting them apart from online operators, their days-long fulfillment and need of a bank account.
Bitstop’s push to add more ATMs, also known as BTMs (Bitcoin Teller Machines) in new areas comes at a time when more people than ever are looking to buy the digital currency currently on the rise. Bitcoin has recently reached record highs, increasing its value by over 600% in 2017 alone; valued at just over $1,000 USD at the top of the year, it is now being purchased at a price of over $7,000 USD and continues to rise at breakneck speed.
Established in Miami in 2013, Bitstop is Miami’s first fully licensed Bitcoin broker in Florida. After starting with a single Bitcoin ATM set up in Wynwood, Florida, Bitstop now operates over 50 Bitcoin ATMs in Florida and California combined. With every new Bitstop location, the company aims to make buying, storing and saving Bitcoin easier, more comprehensive, accessible and widespread across the nation.