Lowest Fee Bitcoin ATMs Rolls Out Over 400 Machines Across US
Lowest Fee Bitcoin ATMs has launched more than 400 cryptocurrency machines across the United States, offering customers a flat 5% fee to purchase Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC) with cash.
The company's initial rollout is one of the largest in the country on its first day, placing it amongst the biggest Bitcoin ATM operators nationwide. The machines are available in convenience stores, gas stations, and shopping centers, with locations in states such as Florida, California, Arizona, and Texas.
'Four hundred machines is not a pilot,' said Quincy Mathis, Operations Manager at Lowest Fee Bitcoin ATMs. 'It's a network. We wanted to be one of the biggest Bitcoin ATM operators in the country on the day we opened, because a low fee only matters if there's a machine near you.'
The company's fees are significantly lower than those of its competitors, with most US-based Bitcoin ATMs charging between 12% and 15%. Lowest Fee Bitcoin ATMs also offers online pre-registration for first-time customers, allowing them to skip onboarding at the machine entirely.