Sheetz Chain of Stores Deploys Bitcoin ATMs in Six Shops in Pennsylvania and North Carolina
Sheetz, an American family-run chain of convenience stores, has installed several Bitcoin ATMs in six of its shops. Reported by The Associated Press on Tuesday, it was revealed that the company had deployed them in their shops located in Pennsylvania and North Carolina.
The news was later confirmed by Sheetz on Twitter, saying that five of the ATMs would be located in the state of Pennsylvania and the sixth one in Winston-Salem, North Carolina. The store even gave specific locations of each of them on Google Maps.
All the Bitcoin ATMs, according to the Altoona-based convenience store, were successfully deployed by the Sheetz and Coinsource, whom it had teamed up with. Ryan Sheetz, the chain’s vice president lauded the move, saying that it was motivated by their pursuit to be innovative while fulfilling the needs of their customers.
With the Bitcoin ATMs, customers flocking the stores will now buy and sell Bitcoins with fiat. They will conveniently make transactions ranging from as little as $5 to a whopping $5,000 in a single day.
Sheetz has partnered with Texas-based bitcoin ATM operator Coinsource for the initiative. Customers will have to enroll with Coinsource to be able to make transactions from $5 to $5,000 per day from the machines.
Sheetz is a family-owned and operated chain of stores numbering 585. They are spread across Pennsylvania, Virginia, Ohio, West Virginia, Maryland, and North Carolina. Coinsource, on the other hand, runs 200 similar Bitcoin ATMs in the US too, having been awarded BitLicense by the New York-based State Department of Financial Services.