Lowest Fee Bitcoin ATMs Launches with Over 400 Machines Across U.S.
A new nationwide operator of Bitcoin ATMs has launched in the United States with over 400 machines, offering a flat fee of 5% for cryptocurrency purchases. This is significantly lower than industry averages ranging from 12% to 20%. The company's machines are located at convenience stores, gas stations, and shopping centers across multiple states including Florida, California, Arizona, and Texas. Customers can buy Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC) with cash. The operator emphasizes transparency by displaying fees and exchange rates on-screen before a transaction is confirmed. Purchased funds are sent directly to the customer's digital wallet without being held by the company. First-time users can complete identity verification online, reducing in-person visit time to about two minutes. The lower fee structure could save customers hundreds of dollars annually compared to traditional Bitcoin ATM operators. The service also supports stablecoin transactions used for sending money abroad and small business payments. Customers pay significantly less with a 5% annual cost versus higher industry rates.
Topics: ATMs Bitcoin Ethereum fees stablecoins