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<![CDATA[<figure class="image"><img src="https://cimg.co/news/124598/329102/btc-atm.jpg" alt="" srcset="https://cimg.co/news/124598/329102/responsive-images/btc-atm___media_library_original_612_383.jpg 612w, https://cimg.co/news/124598/329102/responsive-images/btc-atm___media_library_original_600_375.jpg 600w, https://cimg.co/news/124598/329102/responsive-images/btc-atm___media_library_original_300_188.jpg 300w" sizes="100vw" width="612" class="content-img"><figcaption>Source: iStock</figcaption></figure>Bitgamo, a Luxemburg-based emerging crypto to fiat exchange, has announced that it would establish 75 <a href="https://cryptonews.com/guides/cryptocurrency/">cryptocurrency</a> ATMs across Europe in 2024, promising the best rate in the market.The exchange is quickly gaining traction in the global crypto market, especially after it recently fulfilled the long-term need for a no-know your customer (KYC) crypto to fiat conversion. The firm, in August, announced that it also offers up to 10% higher than the prevailing market rates for crypto assets &ndash; <a href="https://cryptonews.com/guides/bitcoin/">Bitcoin</a> (BTC), <a href="https://cryptonews.com/tags/litecoin/">Litecoin</a> (LTC) and <a href="https://cryptonews.com/news/ethereum-news/">Ethereum</a> (ETH).Bitgamo will be setting up stand-alone electronic kiosks or ATMs where users can sell cryptocurrencies for cash, a company <a href="https://newsdirect.com/news/bitgamo-to-bring-75-crypto-atms-in-europe-in-2024-888360443">press release</a> said. The company confirmed that it would offer &ldquo;the best rate in the market&rdquo; for its customers looking to sell cryptos across upcoming all Bitgamo ATMs.&ldquo;Having already achieved several key milestones over the last few months, Bitgamo is now ready for the next stage of growth,&rdquo; Gabriel Weber, Director of Communications at Bitgamo, said.<blockquote>&ldquo;In 2024, we are all set to install 75 crypto ATMs throughout Europe. Just like our online platform, these ATMs will also provide you the best market rate.&rdquo;</blockquote>The company also noted that it has employed a third-party network to redistribute cryptocurrencies to the Middle East and other regions where there are unfavorable government policies on cryptos.The platform received positive customer reviews, for instance, a business review website Trustpilot carried <a href="https://www.trustpilot.com/review/bitgamo.com?stars=5">86% of positive reviews</a> on Bitgamo. Users appreciated the privacy, accessibility and the seamless and quick crypto transaction on the platform.<h2 style="text-align:justify;" id="btms-in-europe">&lsquo;BTMs&rsquo; in Europe</h2>According to <a href="https://coinatmradar.com/charts/top-operators/europe/">Coin ATM Radar</a>, the 10 operators in Europe run 934 crypto ATMs which comprise 63.4%. There are 127 other operators, who run 539 Crypto ATMs, which contribute 36.6%.Kurant Bitcoin ATM service hosts 234 bitcoin ATMs or BTMs, as it is called, comprising 15.9%. This is followed Shitcoins Club that has 222 BTMs across Europe (15.1%).The United Kingdom clamped down on non-registered ATMs last year, as its Financial Conduct Authority takes a tougher stance on Bitcoin ATMs due to a lack of regulatory structure.
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Crypto Exchange Bitgamo to Open 75 Crypto ATMs in Europe Next Year

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