Coinsource Adds 20 Bitcoin ATMs Around Washington DC

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Coinsource adds 20 new Bitcoin ATMs in the Washington DC metropolitan area. This brings the total number of machines operated by the company, to 200 across the US.

The Texas-based company entered the capital for the first time. Significant demand from local users resulted in Coinsource now installing twenty crypto ATMs across the District of Columbia and Maryland. Machines will be spread in locations all across the area. Twelve will be installed in Washington DC, five in Baltimore and one each in Towson, Oxon Hill and Takoma Park.

Wide adoption

The city already has five machines from five different operators. This is in addition to multiple local shops and restaurants that have been accepting Bitcoin as a payment since last year.

Sheffield Clark, CEO of Coinsource explains:

“We are meeting Washington D.C. at an inflection point, where regulators are looking at the value and potential of decentralized currencies and blockchain technology,” and continues:

“All innovation over time has passed through our Nation’s Capital in one way or another, and we are happy to be now servicing Washington D.C. and the surrounding communities so that they can have easy access to buying and selling Bitcoin.”

Coinsource currently operates 182 machines in 18 US states. CMO of Coinsource, Bobby Sharp, said:

“We are expanding the Bitcoin ATM market further than it’s ever been in D.C., offering the lowest rates, exclusive remote enrollment and allowing for at-home account registration. This installment is especially significant to Coinsource, as the philosophy behind decentralized currency is and has always been about giving freedom back to the people. As a company I feel that we have been able to provide financial freedom to the underbanked and unbanked, and I am happy to bring our services to D.C.”

 

Are there enough Bitcoin ATMs where you live? Do you think there should be more? Let us know in the comments below!

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