US Crypto ATM Machine Now Supports Shiba Inu Tokens

The idea of a Bitcoin ATM, also called a BTM, has been around for almost a decade, with the first prototype launched 9 years ago in Vancouver, Canada. Right now, there are several places with fully-functioning crypto ATMs across the world including North America, Europe, and South Africa.

According to an official news release, Bitcoin of America has given its customers an option to purchase or sell Shiba Inu (SHIB) tokens through more than 1800 crypto ATMs in the United States.

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

What are dApps in Crypto? (Explained with Animations)

SUBSCRIBE

ON YOUTUBE

Back in March, Bitcoin of America introduced Dogecoin as a supported cryptocurrency, and, with the addition of SHIB, it will be one of the first ATMs to accept and distribute memecoins alongside Coin Cloud.

In fact, the crypto ATM is fully registered with US regulators, including the Department of Treasury.

While the majority of the world is still reluctant to implement Bitcoin kiosks or ATMs, there have been talks that some countries in South America could be adding crypto cash machines to drive digital asset adoption. Back in February, El Salvador announced plans to launch 1,500 Bitcoin ATMs across the country.

Aaron S., Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Full Bio

All Expert Contributors & Analysts