Major US Bitcoin Operator Adds Shiba Inu Support
Source: Pixabay

Bitcoin of America, a leading Bitcoin ATM operator in the US recently announced that it had added support for Shiba Inu on its ATMs. According to the announcement, Shiba Inu would be added at over 1800 ATMs spread out in 31 states across the country.

Details of the Shiba Inu Support

On Monday, April 4, 2022, Bitcoin of America announced that it would now support Shiba Inu (SHIB) in all its ATMs. According to the official announcement, the company decided to do it because of the coin’s growing popularity across the country.

The Bitcoin ATM Company also supports LTC, ETH, and Bitcoin. This announcement follows the announcement by the company that it would support Dogecoin back in March 2022. Bitcoin of America is a popular operator of Bitcoin ATMs and is registered as a money services business with FinCEN.

In recent years, the company has made major upgrades to its services. First, they released universal kiosks, which work like traditional ATMs and as Bitcoin ATMs concurrently. They also came up with a point of sale system for their tablet program, which lets businesses accept crypto as payment for goods and services.

The company is committed to making it easy for normal businesses to use Bitcoin ATMs. They ensure that their host locations are given a passive income, increased foot traffic, and free marketing. To ensure everything works out flawlessly, the company will handle any customer support and maintenance issues that arise.

The Rise of Bitcoin ATMs

Bitcoin ATMs have been growing in popularity in recent years. According to data by Coin ATM Radar, there are over 32,000 BTC ATMs in the US alone. As Bitcoin’s popularity has continued to grow, most of these ATMs now support a slew of crypto coins.

A Bitcoin ATM is a safer option compared to conducting an in-person transaction. Besides that, when you use an ATM, you do not need to leave your personal details, as is the case when using a crypto exchange. With their growing popularity, it means that it is now easier than ever for anyone to simply walk up to an ATM and transact as much BTC as they like.

However, it is unlikely that Bitcoin ATMs will ever replace crypto exchanges as the primary means to transact crypto. The reason for this is that exchanges offer numerous other services such as access to hundreds of coins, not to mention the convenience of buying crypto from the comfort of your phone.

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however, no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the cryptocurrency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal, or accounting advice.

This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal, and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.

You May Also Like
Huobi Global

Huobi Global Offering Flexible Savings Products For Bitcoin & USDT

Huobi Global, a leading cryptocurrency exchange has recently rolled out flexible savings…
Crypto Casino Games

Understanding the Exciting World of Crypto Casino Games

Are you tired of the same old casino games with traditional currencies?…
Baby Floki Meme Token Is Handing Out Amazing Dogecoin Rewards

Baby Floki Meme Token Is Handing Out Amazing Dogecoin Rewards

Baby Floki came into existence as a celebration of Elon Musk’s purchase…

Travala Users Can Now Book Over 2 Million Properties With Cardano Cryptocurrency ( ADA )

Founding entity behind Cardano, EMURGO has recently announced a partnership with Travala,…
Hawaii Introduces Crypto-Friendly Bills

Hawaii Introduces Crypto-Friendly Bills

Hawaii’s state Legislature has introduced several bills that aim to make its…

J.P. Morgan: Private Money is the Next Big Thing for the World to Embrace

The world of innovative technologies never stops evolving, and with it comes…

Ethereum Payments on Amazon to be enabled by Startups

“Ethereum Payments on Amazon to be enabled by Startups” Very soon it…
Elon Musk’s Tweets Cause Marscoin To Soar 1800%

Elon Musk’s Tweets Caused Marscoin To Soar 1800% Then It Tanked

On Tuesday, February 16, 2021, Elon Musk was discussing the idea of…
Bitcoin ATM Network LibertyX Letting People Sell Bitcoin For Cash

LibertyX Bitcoin ATM Network Letting People Sell BTC For Cash

LibertyX, one of the fastest growing networks of Bitcoin ATMs, kiosks, and…
Popular Crypto Casinos in USA

Popular Crypto Casinos in USA

Crypto casinos are online gambling sites where you can withdraw your winnings,…