Bitcoin of America, a registered money services business with the U.S. Department of Treasury (FinCEN), has officially added Ethereum (ETH) to its fleet of Bitcoin ATMs (BTMs). The company, known for its fast and hassle-free transactions and responsive customer support, now enables users to buy and sell Ethereum at over 1,300 BTM locations across 31 states.
Expanding Cryptocurrency Options
Recognizing the surging popularity of Ethereum — the second-largest cryptocurrency by market capitalization — Bitcoin of America integrated ETH into its ATM network to meet growing user demand. Previously, only Bitcoin and Litecoin were available for purchase and sale via its machines and online platform. With this addition, customers can now access three major cryptocurrencies at any compatible BTM location. The company’s website also features a location finder tool: users simply enter their address to locate the nearest BTM.
The move reflects a broader trend among cryptocurrency ATM operators to diversify supported assets. Ethereum’s smart contract capabilities and its dominance in decentralized finance (DeFi) and non-fungible tokens (NFTs) have driven retail and institutional interest alike.
Innovative Universal Kiosk and Host Program
In May 2021, Bitcoin of America launched its Universal Kiosk, a multi-functional terminal that combines traditional ATM capabilities with cryptocurrency buying and selling. The kiosk offers three primary functions: dispensing cash from a debit card, purchasing cryptocurrency with cash, and selling cryptocurrency for cash. This hybrid design aims to serve both conventional banking users and crypto enthusiasts from a single machine.
Beyond hardware innovation, Bitcoin of America runs a Host Program for store owners interested in cryptocurrency or seeking additional income. The company handles installation, maintenance, and customer support, while host locations benefit from passive income, increased foot traffic, and promotional exposure. This program has helped expand the BTM network into convenience stores, gas stations, and small retail outlets across the United States.
Market Context and Future Outlook
According to CoinATMRadar, the United States hosts the world’s largest network of cryptocurrency ATMs, with over 30,000 machines installed as of mid-2021. Bitcoin of America’s 1,300+ BTMs represent a significant share of this market. By adding Ethereum, the company positions itself to capture a wider user base, particularly those interested in DeFi and NFTs.
The company’s commitment to compliance (FinCEN registration) and user-friendly services has earned it a loyal following among both novice and experienced crypto users. As regulatory clarity evolves, Bitcoin of America may further expand its asset offerings and geographic reach.
For now, Ethereum holders and prospective buyers can use the nearest Bitcoin of America ATM to instantly swap cash for ETH — or vice versa — with the same ease as Bitcoin and Litecoin transactions. The company’s ongoing upgrades, including the Universal Kiosk and host partnerships, signal a long-term strategy to bridge the gap between fiat and digital currencies.