Bitcoin ATMs Now in Every Costco Store Across the U.S.

Bitcoin ATMs Now in Every Costco Store Across the U.S.

By Jakub Lazurek

06 Feb 2025 (about 1 month ago)

2 min read

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Costco is rolling out Bitcoin ATMs in all U.S. stores, making crypto more accessible while sparking debate over fees and market impact.

Bitcoin ATMs are now being installed in all Costco stores across the United States, thanks to a collaboration with LibertyX. This expansion could significantly improve access to Bitcoin, making it easier for both new and experienced users to buy and sell the digital asset. With over 600 Costco locations, customers will have direct access to Bitcoin in one of the largest retail chains in the country.

Costco chose LibertyX for this initiative because some other Bitcoin ATM operators are known for high fees and extra charges. These ATMs will allow people to buy Bitcoin instantly, even if they don’t have a traditional bank account. While some investors argue that fees remain an issue, others believe that the convenience of these machines makes them a valuable option.

Bitcoin ATMs have been growing in popularity across the world, providing an alternative way for people to enter the crypto market. The United States leads globally in Bitcoin ATMinstallations, with nearly 30,000 machines nationwide. Other top-ranking countries include Canada, Australia, Spain, and Poland, while El Salvador, which has made Bitcoin legal tender, is also expanding its network of ATMs.

While increasing Bitcoin ATM availability could boost mainstream adoption, its impact on price remains uncertain. Bitcoin recently fell below an important moving average, suggesting that its upward momentum has slowed down. Although it reached a new all-time high just weeks ago, Bitcoin must reclaim a key price level to continue its rally. Market indicators suggest that sellers currently have control, and Bitcoin needs to regain strength before pushing higher.

The expansion of Bitcoin ATMs in Costco stores may contribute to a broader acceptance of cryptocurrency, making it more accessible to everyday shoppers. However, whether this move will directly influence Bitcoin’s market performance depends on investor sentiment, regulatory developments, and overall market trends.

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