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Four New Bitcoin ATMs Make Coinsource America’s Largest Operator

Last Updated March 4, 2021 4:50 PM
Rebecca Campbell
Last Updated March 4, 2021 4:50 PM

Coinsource has become America’s largest bitcoin operator after announcing it has installed four new ATMs in the month of July, bringing the total number to 42 across seven states.

The Texas-based company’s latest additions include new bitcoin ATMs in New York, Nevada, and Pennsylvania with one installed in Staten Island, one in Las Vegas, and two in Philadelphia.

Coinsource, CEO Sheffield Clark said:

We are extremely proud to be America’s number one Bitcoin ATM network, but it is our customers and the cryptocurrency phenomenon that deserve the credit. Bitcoin has proven to be one of the world’s highest performing investments. As Bitcoin becomes even easier to use and is accepted as payment in more and more venues, the list of users and use-cases has increased exponentially. From the beginning, our team wanted to solve the access problem for Bitcoin. Today, millions of consumers across the United States can find reliable, safe, instant access to a compliant Coinsource Bitcoin ATM nearby.

CCN.com has continually reported on Coinsource’s bitcoin ATM expansion, which sees ATMs in seven states: New York, New Jersey, Pennsylvania, Texas, Nevada, Louisiana, and California.

With more use-cases for bitcoin each day, Coinsource understands that more people will want to get involved with the digital currency, and the only way to do that is to ensure that new and existing bitcoin users have access to a bitcoin ATM.

According to Bitcoin ATM tracking site, CoinATMRadar.com, there are now 718 bitcoin ATMs around the world; however, the U.S. has the vast majority with 369.

Featured image from Shutterstock.