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Coinsource Nears 200 Machines in USA

The World’s Largest Bitcoin ATM Network, Coinsource Nears 200 Machines with Latest Installment in the Nation’s Capital

While Capitol Hill takes a closer look at this emerging asset class, Coinsource enters the D.C. market.

Washington, D.C. – April 12, 2018 – Coinsource, the world’s largest Bitcoin ATM network, today announced its first expansion into the Nation’s capital. Coinsource will install 20 machines across the District of Columbia and Maryland after receiving significant demand from Bitcoin users and local merchants. This installation caps off a successful first quarter for the company after launching 10 machines in Rhode Island, New Hampshire, and Massachusetts in early February. Additionally, Coinsource introduced eight new machines in Denver, Colorado last week.

https://coinsource.net/

“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,” said CEO of Coinsource Sheffield Clark. “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.”

Washington D.C. is no stranger to cryptocurrency and its implications. Earlier this month, a subcommittee of the U.S. House of Representatives Financial Services Committee held a hearing examining cryptocurrencies and ICO markets, while The Chamber of Digital Commerce hosted its third annual D.C. Blockchain Summit. Additionally, several local restaurants, bookshops, and record shops have been accepting Bitcoin as payment since last year.

Currently, Washington D.C. has five machines being serviced by five different operators. With this deployment, Coinsource will be the largest Bitcoin ATM operating network in the D.C. metropolitan area. D.C.’s 20 new Bitcoin ATMs (12 in Washington D.C., 5 in Baltimore, 1 in Towson, 1 in Oxon Hill, and 1 in Takoma Park).

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.”

Coinsource services 164 million residents across the country and currently has 182 machines in 19 states; California, Oklahoma, Nevada, Texas, Louisiana, Missouri, New Jersey, New York, Pennsylvania, Tennessee, Arizona, Georgia, Rhode Island, New Hampshire, Massachusetts, Colorado, Maryland, Delaware and the District of Columbia.

For more information, please see the details of locations below or visit www.coinsource.net.

Coinsource Washington, D.C. Locations:

1. Benning Market
2001 Benning Rd. NE
Washington D.C., 20002

2. Exxon Gas Station
1 Florida Ave., NE
Washington, D.C., 20002

3. Mac Market
5105 Macarthur Blvd.
Washington, D.C., 20016

4. Shell Gas Station
4940 Connecticut Ave. NW
Washington, D.C., 20008

5. Petworth Market
3715 Georgia Ave. NW
Washington, D.C., 20002

6. Eabald 2llc
6350 Georgia Ave. NW
Washington, D.C., 20011

7. Sunoco
2642 Virginia Ave. NW
Washington, D.C., 20037

8. MLK Market
3333 Martin Luther King Ave.
Washington, D.C., 20032

9) Crown Gas Station
4200 Nannie Helen Burroughs Ave NE
Washington, D.C., 20019

10) Dollar Plus Food Store
1103 Mount Olivet Rd. NE
Washington, D.C. 20002

11) 77 Market
3021 Georgia Ave. NW
Washington, D.C., 20001

12) Kwik Stop
4801 Georgia Ave. NW
Washington, D.C., 20001

Coinsource Maryland Locations:

13) Eastover Citgo LLC
5401 Indian Head Hwy
Oxon Hill, MD 20745

14) Sunoco-Takoma Park
6360 New Hampshire Ave.
Takoma Park, MD 20912

15) BP-Moravia
5921 Moravia Rd.
Baltimore, MD 21206

16) Charles Convenience
4908 Hazlewood Ave.
Baltimore, MD 21206

17) Irvington Crown
4122 Fredrick Ave.
Baltimore, MD 21228

18) Eastern Ave Exxon
6408 Eastern Ave.
Baltimore, MD 21224

19) Tobacco 21
2307 Cleanleigh Dr.
Baltimore, MD 21234

20) Marathon Gas
1613 E. Juppa Rd.
Towson, MD 21286

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