San Diego Sees 2 New Bitcoin ATMs
The two new ATMs brings up the number of ATMs operated by CoinSource to 19 in the United States. With an announcement, Bitcoin ATM network Coinsource has installed two more Bitcoin ATMs in San Diego County, in addition to one existing ATM. San Diego now sees three bitcoin ATMs active in the County operated by Coinsource. In a statement, Coinsource CEO and Co-founder Sheffield Clark said: When we installed our first bitcoin ATM in San Diego in October 2015, Coinsource promised that we would continue to scour the area for more locations. We’re thrilled to offer three secure, fully compliant....
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Libertyx has added a cash-out option to its 5,000 bitcoin ATMs. The CEO says this addition triples the number of bitcoin ATMs that allow users to cash out their bitcoin. He shares his business model with news.Bitcoin.com, providing insight into the bitcoin ATM usage trends he is seeing. 5,000 Bitcoin ATMs Now With Cash-Out Option Bitcoin ATM operator Libertyx announced Monday that 5,000 ATMs in its network now allow users to cash out their bitcoin. Besides the vast network of bitcoin ATMs (BTMs) in the U.S., Libertyx allows customers to buy bitcoin at 20,000 convenient stores, including....
Coinsource has added more Bitcoin ATMs across its network on the West Coast. The company has announced a recent installation of 9 Bitcoin ATMs in one shot. The number of Bitcoin ATMs in the ‘City of Angels’ has gone up. Coinsource, the Bitcoin ATM network has announced that it has added seven new Bitcoin ATMs to its network in Los Angeles recently. At the same time, Las Vegas received 2 more of these machines. Even though the number of Bitcoin ATMs is gradually increasing, they are still a rare sight. This makes the installation of seven Bitcoin ATMs in Los Angeles area and two more in Las....
Mexico is slated to get it's first two bitcoin ATMs on the week of Monday, March 16th in Tijuana - just below the border from San Diego, California. Operated by start-up Bitcoin42, the two-way ATMs are the first in Mexico, but also take the title of being the world's first litecoin and dogecoin ATMs. "With [the ATMs], customers will also be able to buy a limited amount of Litecoins and Dogecoins," the statement read on the Bitcointalk forum. One of the devices will accept Mexican pesos, the other will accept U. S. Dollars. The ATM units (which Bitcoin42 has not yet shown off) are to be....
Bitcoins aren't easy to buy; especially if you don't have an existing bitcoin account. BitcoinATM hopes to change that with its new bitcoin cash machine. The first machine was unveiled on Thursday in San Diego, with BitcoinATM founder and CEO Evan Rose promising that the ATMs will help spearhead widespread adoption of bitcoin. "Bitcoin is inherently technical, it's somewhat difficult to buy, it's very difficult to exchange bitcoins for hard currency," Rose said in a presentation to reporters. "The solution we've come up with, in the very familiar ATM platform, accomplishes all three of....
If a Canadian entrepreneur has his way, we could soon see the bitcoin equivalent of a cash machine gracing our shopping malls. Jeff Berwick plans to install a bitcoin ATM in San Diego early next month. The machine will be similar to a regular ATM, but instead of simply dispensing money from a bank account, it will serve as a point of exchange between bitcoins and US dollars or Euros. Users will be able to insert either of the two physical currencies in any denomination, and enter a bitcoin address by scanning a QR code, Berwick says. The ATM will then deliver the bitcoins to their account.....