Coinsource Surpasses 200th ATM Installation in Florida Deployment

Coinsource, the world’s largest Bitcoin ATM operator, has added 17 new machines in Florida, surpassing the 200 machine milestone. With five machines already in Jacksonville, the network is expanding within the state to meet increasing consumer demand. This installation comes just weeks after the company’s CEO, Sheffield Clark, and CMO, Bobby Sharp, were announced as winners of the Ernst and Young 2018 Entrepreneur of the Year Southwest Award.

Coinsource is the first ATM operator to reach over 200 machines and recently announced that users can now purchase up to $5,000 USD worth of bitcoin at a time. With ATMs deployed in over 18 states, Coinsource nationally services 164 million residents in both Bitcoin purchases and sales.

CEO Sheffield Clark said, “We want people in both small towns and majors cities to have the opportunity to use our machines; we believe this installation will do just that. With increased access to cash alternatives, users have the ability to literally bank the unbanked.”

The 17 machines are located throughout the cities of Miami, Fort Lauderdale, Jacksonville, Daytona Beach, and Hialeah.

Coinsource continues to lead the industry with compliance standards and enforcement, offering full-time customer support as well as the industry’s lowest fees. By equipping its users with mobile enrollment, registration requires no more than a cell phone and government-issued state ID.

“Small business-owners and major corporations alike are adopting cash alternatives such as Bitcoin at a rapid pace. We are not only proud of the company’s growth, but the growth of the cryptocurrency market as a whole. We are pleased to meet the demand of the growing market with increased accessibility, and plan to continue expanding our reach even further, ” Clark continued.

For more information, visit www.coinsource.net

Coinsource CEO and Co-Founder Sheffield Clark is available for interview. For a full list of ATM locations, please contact Tamani Jayasinghe at tamani.jayasinghe@wachsman.com.