Coinhub, a Bitcoin ATM operator, has teamed up with more than 1,000 retail store owners and gas stations to install new crypto ATMs. The company is making this move to help solve the problem of crypto de-banking.

The Bitcoin ATM machines that Coinhub will put up in gas stations and retail stores will allow people who hold cryptocurrencies to buy and sell their tokens using cash. The crypto company said on Monday, April 3, that it is aiming to broaden its reach through its partnership with the said facilities.

Moreover, Coinhub believes that having more Bitcoin ATMs in more strategic locations will also offer more convenience to users. Store owners will also have the opportunity to earn passive income since they will be getting monthly rental payments for the spaces being occupied by the automated teller machines for digital tokens or cryptocurrencies.

Choosing retail stores and gas stations is a good decision since the two offer high visibility and foot traffic. Users who want anonymity when using Bitcoin ATMs can stay anonymous as they like. They can insert cash and receive cryptos with cash while preventing the hassles associated when using their bank account or credit card for the same transaction.

“The move comes as Coinhub seeks to expand its reach and provide more convenience to its users. By partnering with gas stations and store owners, Coinhub can place its Bitcoin ATMs in easily accessible locations throughout the country,” Coinhub stated in a press release. “This partnership will give users the option to buy Bitcoin with cash and take advantage of the many benefits that come with using a Coinhub Bitcoin ATM.”

It added that one of the main advantages of using Coinhub’s crypto ATMs is that people can buy Bitcoin with cash. “This is a major benefit for those who are not comfortable with buying cryptocurrencies online using their bank account or credit card.”