As the demand of cryptocurrencies, especially bitcoin in the market is increasing day by day and more peoples are investing in cryptocurrencies so to facilitate users Coinsource a Nevada based company announced that it will install 20 bitcoin ATM across the district of Columbia and Maryland.
According to a report to meet the pushing demand of bitcoins total 182 machines will be working across the 18 states. With this move, Coinsource is claiming itself to be the worlds biggest bitcoin ATM network.
In November when Coinsource declared to establish 20 ATMs in-state Georgia then its CEO Sheffield Clark announced that.
“Our goal is to give everyone the equal ability to access bitcoin, particularly in times of record demand, and participate in this soaring new economy. Part of making this marketplace accessible is making sure our fees are less than half that of any other operator, and customers will be given fee-free transactions for first-time use of any new machine”
The company also installed 10 ATMs in New Hampshire, Massachusetts, and Rhode Island in the month of February and after that 8 machines in Colorado. The users are getting benefits of this service all across and after seeing the response of users company is determined to install more machines and to become the largest bitcoin ATMs chain.
According to an estimate, approximately 75 percent of bitcoins ATM across the world is in the USA after that in Europe and then in Asia. And the increase is exponential in case of bitcoin ATMs in the world.
Other cryptocurrencies ATMs also performing well Litecoins is in second place after Bitcoin number of ATMs after that Ether, BCC, Monero is also performing well in this field.
Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.