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All 23 Bitcoin ATMs in Detroit Located in Low-Income Areas: Local Press

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Mon, 26/02/2018 - 14:02
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All 23 Bitcoin ATMs in Detroit Located in Low-Income Areas: Local Press
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According to The Detroit News, as of Feb. 26, there are 23 Bitcoin ATMs in Detroit. Surprisingly, all of the Bitcoin ATMs in Detroit are located in low-income areas that are underserved by banks and financial institutions. They are located in various locations like cash checking centers, gas stations and party supply stores. Ayman Rida, the owner of a bitcoin ATM provider in Detroit, says his company installed 15 Bitcoin ATMs in Detroit only last year and that the average transaction is about $70 to $80.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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