• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
Breaking News: The Sandbox Seals Deal With Saudi Arabian Digital Government Authority
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
Bitcoinist.com
No Result
View All Result
Breaking News: The Sandbox Seals Deal With Saudi Arabian Digital Government Authority
RockItCoin Buys Toa Bitcoin That Houses Over 50 ATM Machines Across The U.S.
Advertisement

RockItCoin Buys Toa Bitcoin That Houses Over 50 ATMs Across The U.S.

Denis by Denis
3 months ago
in Bitcoin
0
Advertisement

An ATM operator, RockItCoin, recently saw a need to improve its operations with more machines, In light of this, the company revealed that it has eventually acquired Tao Bitcoin. This includes all 56 machines of the company.

Based on the transaction, there are nearly 1,900 units of RockItCoin operational machines spread across 44 states of the U.S. The acquisition aims to identify the value of smaller players in the BTC ATM sector. Also, it is to create a bond between these smaller players and regional players.

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!
Related Reading: Bitcoin Breaches $20,000 Level – No Big Deal For Investors Or What?

Tao Bitcoin is a BTC ATM operator situated in the Southern region of the United States. It offers one of the simplest ways to acquire Bitcoin, Ethereum, and other digital tokens.

Interested buyers from the machine will need to create a digital wallet on the platform to store their assets. Afterwards, they’re to sign up and verify their identity. Finally, intending buyers will insert some physical cash into the machine to purchase a token, select their desired token, and input their wallet address.

Chances are that the BTC ATM industry will witness consolidation in the coming year. This is due to the company’s idea to get more players into its system, according to Ben Phillips, president at RockItCoin.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!
RockItCoin Buys Toa Bitcoin That Houses Over 50 ATM Machines Across The U.S.
Bitcoin moves upwards on the charts l BTCUSDT on Tradingview.com

RockItCoin Acquisition Established

Judging from the speech of the founder and CEO of RockItCoin, Michael Dalesandro, the company is not yet content with what it already has. RockItCoin still intends to acquire more machines in the last quarter of 2022. This is necessary as it will enhance their customer service at the different locations.

The company is currently sitting pretty on its recent achievement. It boasts of providing good services to its customers from scratch. Moreover, the company plans to establish its recent ATM acquisition. It revealed that it would rebrand the former Tao Bitcoin ATMs with the name, RockItCoin locations in a few weeks.

RockItCoin Buys Toa Bitcoin That Houses Over 50 ATM Machines Across The U.S.

The former Tao Bitcoin, founded in 2016 by Andrew Arterburn and John Taylor, had received several requests to sell the machines. But, for some reason, they held back until RockItCoin came into the picture. Former Tao Bitcoin chose to seal the deal with RockItCoin because both parties’ values are relatively close.

Related Reading: Rishi Sunak Is Now British Prime Minister – What This Means For Crypto

RockItCoin Sees A Greater Future

The company believes that it’s in for some more great future. This notion is backed by the possible value of the crypto market in the next five years. According to its forecast, the ATM market would have grown to around $500K.

Moreover, a report also revealed that the market would witness a yearly growth rate of about 59%. This event will take place from the current to 2027, which is also the basis of the company’s forecast. At the time, the value of the crypto ATM market will be around $472 million from its present $46.4 million.

Featured Image From Pixabay, Charts From Tradingview
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Denis

Denis

Denis is a passionate writer and editor and he's been writing in finance industry for almost 6 years.

Related Posts

Bitcoin BTC BTCUSDT

Will Bitcoin See A Valentine’s Day Massacre Or Can Bulls Get Back To $24,000?

14 hours ago
Bitcoin

Bitcoin Long-Term Holders Are Still Selling At Loss: Glassnode

20 hours ago
Bitcoin BTC

Will Bitcoin And Ethereum Crash? DCG Sells Grayscale Trust Shares

22 hours ago
Bitcoin

Top Crypto Miner At Record Bitcoin Production, Bear Market Over?

1 day ago
Bitcoin price

This Will Be Important For Bitcoin And Crypto This Week

2 days ago
New record: 49% of Bitcoin Supply Has Not Changed Hands in 2 Years

New Record: Half Of Bitcoin Supply Hasn’t Changed Hands In 2 Years

3 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
Metaspins
Metaspins
1xBit
1xBit
Coinplay
Coinplay
K8
K8
Vegas Casino
Vegas Casino

Sportbooks

Coinplay
Coinplay

Press Releases

  • ApeX Pro Takes Web3 Social Trading Forward in Strides at...

    21 mins ago
  • ALTCOIN DAILY TO PRODUCE AND STAR IN NEW “SHARK TANK OF...

    19 hours ago
  • SinVerse Studios Announces $1 Million Buyback Program for...

    19 hours ago
  • Join the Revolution: Invest in STARSTAKING for 25% APY and...

    19 hours ago
  • The Crypto Bull Market Trend Has Started! What Does This...

    20 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.