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Bitcoin Depot® Signs On 50 ISOs and IADs

By PaymentsJournal
February 24, 2021
in ATM, Cash, Cryptocurrency, Debit, Digital Assets & Crypto, Emerging Payments, Partnerships, Press Releases
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3D rendered close up illustration of a large group of golden Bitcoins with depth of field blur

Expanding partner network highlights distributor benefits of Bitcoin Depot 

ATLANTA – Bitcoin Depot, the largest and fastest growing Bitcoin ATM (BTM) operator, announced today that it has added 50 Independent Sales Organizations (ISOs) and independent ATM deployers (IADs) to its partner channel, further solidifying its dominance of the BTM market. The company now operates over 1,700 BTMs in the U.S. and Canada. 

By partnering with Bitcoin Depot, ATM companies can simplify deployment of BTMs at multiple locations, at no cost to them and at scale. While deployment of traditional ATMs continues to decline due to an over saturation of terminals, BTMs are filling the gap as a profitable alternative. As Bitcoin adoption surges, these trends will continue to grow. In 2020 alone, over 7,060 BTMs were deployed worldwide, compared to 2,263 in 2019. Bitcoin Depot estimates that in the next ten years there will be as many BTMs as there are traditional ATMs today.  

“For ATM companies, adding Bitcoin kiosks to their portfolio is a win-win. It allows them to supplement traditional ATM placements with BTMs, essentially adding a more viable revenue stream to the mix,” says Mark Smith, Business Development Manager for Bitcoin Depot. “Gas station and convenience store owners also have an opportunity to drive more of their customers into the store, as well as obtain greater wallet share.  For example, customers will stop in to get cash at the ATM, then deposit some of the money into the bitcoin kiosk and spend the rest in-store.  

Bitcoin Depot’s Partners benefit from:  

  • Leading partner program in the industry with best-in-class BTM experience 
  • Earnings up to $25,000 per BTM placement through its extensive global network 
  • 100% turn-key experience, delivering end-to-end management of the BTM 
  • Uncapped growth potential, no bitcoin-expertise and zero capital investment  
  • Increased foot traffic and greater business exposure 

Become a Bitcoin Depot Partner today: https://bitcoindepot.com/host/ 

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Tags: ATMBitcoinBitcoin DepotCryptocurrencyIADISOPartnershipPress Release

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