Coinsource, the American Bitcoin ATM network, has reported that it installed four new machines in July as it is starting to upgrade to service to offer “Two Way” (USD/BTC and BTC/USD) exchange options.
With a total machines of 42 locations across seven states, the Texas-headquartered firm now claims the title of the largest Bitcoin ATM operator in the United States, and its most geographically diverse network. According to Bitcoin ATM tracking site CoinATMRadar, Coinsource now controls more than 11% of the American Bitcoin ATM market.
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.”
More to come
Of the four new machines rolled