THELOGICALINDIAN - The latest US accompaniment to see an arrival of bitcoin automated teller machines or BTMs is Utah According to Salt Lake City media aperture KSL they are bustling up all over Utah
All Over Utah
As apparent on this map, eleven of the twelve BTMs in Utah lie appealing abutting to accompaniment basic Salt Lake City. In fairness, this breadth is a abutting alternation of the six better cities in the state, accepted as the Wasatch Front. 80 percent of Utah’s citizenry lives in this region. The twelfth BTM is in the seventh best crawling burghal in Utah, St George.
Buying fees alpha at 9 percent and go up to 12.5, while affairs fees are a collapsed 9 percent beyond all listed machines. Although a little high, if you charge to use a BTM again this apparently won’t be the deal-breaker.
CoinCloud
All but one of the machines in the accompaniment are operated by CoinCloud, who launched their aboriginal Utah BTM in 2024. CoinCloud CEO Chris McAlary, said:
CoinCloud additionally has a accompaniment app for mobile, to assignment with the bitcoin ATMs. Rather than advantageous fees affairs bitcoin at the machine, barter can buy for chargeless anon through the app.
Local Business
Aside from the bitcoin ATMs, KSL letters that at atomic 15 Utah businesses acquire cryptocurrency as a acquittal method. Local pro-bitcoin group, BTC Utah, affirmation it is absolute for baby business, due to low fees and accoutrement costs. They additionally acknowledgment that the low cardinal of merchants accepting bitcoin, drives all bitcoin cartage to those that do.
One high-profile Utah business, who nailed their banderole to the bitcoin mast actual early, is Overstock.com. Despite contempo hits to banal amount as crypto prices fell, Overstock has declared its abiding charge to bitcoin and cryptocurrency.
What are your thoughts on Bitcoin ATM sightings in Utah? Don’t alternate to let us apperceive in the comments below!
Images address of Coin ATM Radar, Shutterstock.
