Monthly Archives: April 2019

Bitcoin Depot ATM

What You Didn’t Know About the Bitcoin ATM Industry – Brandon Mintz

In this video, that took place on the latest TABConf 2019 in February, you will hear Brandon Mintz, Founder and CEO of ATM Operator “Bitcoin Depot”, talking about Bitcoin ATMs.

Bitcoin Depot is the 2nd largest operator in the world with 200 machines all across the US with plans to expand to 350/400 by the end of the year. They use machines manufactured by Genesis Coin and offer Bitcoin, Bitcoin Cash, Litecoin and Ether. Per Brandon, the difference between their product and others is that they offer a much quicker verification time. Also, he emphasizes the quality and availability of their live support as another big difference and advantage that Bitcoin Depot has to offer.

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Bitcoin ATM Market Dynamics March 2019

In March, the price of Bitcoin experienced steady growth. It started with a price of $3,842 and continued to rise approaching to the end of the month when it reached a price of $4,109. This is a 6.9% increase in comparison with the beginning of the month.

Bitcoin price March 2019

The number of new machines continued to grow at a relatively stable rate, following the rise of the Bitcoin price.

Period Start: 4375, Period End: 4507
Opened: 255, Closed: 123, Net Growth: +132(3%)

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