Interview: Bitcoin ATM network Coinsource Hits 100+ Machines
Coinsource, a leading bitcoin ATM network, recently surpassed the 100 machine milestone with an early year push in the state of New York, in which it added 14 new kiosks in the state since January. The company’s portfolio surged from 70 of 103 machines, 30 of which are located in the Empire State, allowing it to control over one-third of the market in the Big Apple.
New York is now Coinsource’s second largest market, and in it customers can buy and sell bitcoins directly from the ATMs, which can be found, for example, in the John F. Kennedy International Airport, the fifth busiest one in the country. The company’s CEO and co-founder, Sheffield Clark, said that New York was the place in which Coinsource had its first successful bitcoin ATM, adding that they are proud to offer the lowest rates in the market
The company’s surge comes at a time in which bitcoin hits a new historic all-time high above $2,100, helping it reach new customers who can now easily have access to the world’s highest performing currency. Coinsource’s kiosks can be found in California, Louisiana, Missouri, Nevada, New Jersey, New York, Pennsylvania, Tennessee, and Texas.
According to Sheffield Clark, reaching the 100 machine milestone was part of the company’s business plans, and even though it was reached earlier than expected, the company, which currently has machines spread access nine states, has more in store for 2017.
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