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Circle K signs exclusive partnership with Bitcoin Depot

July 27, 2021

Circle K, a convenience store chain that already has more than 700 bitcoin ATMs in 30 states, has signed an exclusive international partnership with Bitcoin Depot, a bitcoin ATM network, according to a press release.

Bitcoin Depot ATMs enable users to exchange cash for cryptocurrency, including bitcoin and more than 30 other cryptocurrencies.

The bitcoin ATM sends crypto to the customer's crypto wallet after they insert cash and provide his or her crypto wallet address. The whole process from signing up for an account to completing a transaction takes about one to two minutes.

"At Circle K, we are passionate about making our customers' lives a little easier every day, and we are continually looking at ways to enhance their experience in our stores and be their favorite stop for a growing range of needs and occasions," Denny Tewell, senior vice president of global merchandise and procurement at Circle K, said in the release.




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