First Bitcoin ATM Installed in Maryland

The very first Bitcoin ATM has been installed in Baltimore, Maryland, where customers will now be able to purchase Bitcoins through the ATM with a 1% fee and prices updated in real time. Since December, a local bar in Baltimore called “Bad Decisions” has accepted Bitcoins as payments in the bar and has hosted several Bitcoin meetups.


The bar has been promoting themselves as the only Bitcoin accepting bar in Maryland and has seen a high interest from Bitcoin adapters the past years time, which has led to several sales a month with Bitcoins.


This also made it natural for them to install a Bitcoin ATM inside the bar, so that customers can understand better what the Bitcoin is and use it to pay with. More people are now visiting the bar, simply to try and purchase Bitcoins and to get a better understanding of cryptocurrencies as a whole, as many has heard about it, but doesn’t quite understand it yet.


The ATM was installed by CoinOutlet, a company from North Carolina, and they claim to have a better exchange rate than most online exchange sites and a very competitive fee of just 1% of all sales. Users can get the Bitcoins transferred directly to their wallet through entering their wallet number or by using the QR code on the screen with their mobile phone.

Daniel Allermand

Daniel Allermand is a freelance writer, with more than 4 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.  

Recent Posts

Ripple’s XRP is skyrocketing as the team celebrates three wins in a row in its SEC lawsuit

This Friday, U.S. Judge Sarah Netburn granted Ripple’s motion to keep its CEO’s financial records private after the Securities and Exchange Commission…

19 hours ago

SEC’s Crypto Mom is calling for the U.S. to catch up and considers a ban on Bitcoin foolish

According to Hester Peirce, an American lawyer and Commissioner at the US Securities and Exchange Commission (SEC), a government ban…

20 hours ago

Bloomberg expects Bitcoin price to land on $400,000 in this halving cycle

In the latest edition of its monthly “Crypto Outlook,” Bloomberg, senior strategist Mike McGlone reports on the bullish narrative around bitcoin…

21 hours ago

Coinbase high valuation is not a “done deal”, as analysts issue some caution ahead of its direct listing

Looking ahead to next week’s Coinbase direct listing, analysts conclude that by no means it is a “done deal” game…

21 hours ago

Bitcoin’s adoption is at a “tipping point”, according to Fidelity Investments Executive Tom Jessop

During an interview at Marketwatch and Barron’s “Investing in Crypto” event, Tom Jessop, Head of Fidelity Digital Assets at Fidelity…

3 days ago

Cardano’s Alonzo upgrade is expected to be live by end of summer

In a blog post that was announced on their Twitter page on Thursday, The Input Output HK (IOHK) team outlined…

3 days ago