Texas Becomes The Fastest Growing Market For Coinsource

In News, Technology
Texas

Texas succesfully became the fastest growing market for coinsource with 11 new Bitcoin ATMs.

Coinsource, the Bitcoin ATM network which controls 13% of the US market, has launched eleven new machines across Texas, making the state its fastest growing market in Q4. In addition to the expansion in Texas, one more ATM was added in Louisiana.

Coinsource CEO Sheffield Clark said, “We are adding more and more ink spots to the map and there are no signs of slowing down. In fact, it has been difficult to meet such intense demand but we are scaling as best we can; we’ve implemented the right procedures, we’ve focused attention on compliance and convenience, and we’ve hired the right staff to keep servicing an exponentially growing customer base.”

The ATM network has deep ties to the state as two of Coinsource’s three co founders, Sheffield Clark and Bobby Sharp, are from Texas and the company is based in Fort Worth. The state is now home to the third highest concentration of Bitcoin machines per state, behind California and New York.

“We are delighted to install Texas’s first two-way kiosk in the same city as our headquarters. Our main focus is fulfilling the needs of our customers, and we carefully monitor and consider trends, vehicle and foot traffic, and opening hours when installing our new machines. It is a humbling experience to represent Texas with a thriving startup and to have the opportunity to contribute to its rapidly evolving economic and technological climate,” said Clark.

“By the end of 2016, we aim to have 70 machines operating across the US. We have accomplished our goal of becoming the largest Bitcoin ATM in the nation far quicker than we expected.”

via Financemagnates.com


You may also read!

US State Governor Spiels Blockchain and Data Privacy During State Speech

US State Governor Spiels About Blockchain and Data Privacy During State Speech

Blockchain and data privacy are now given more emphasis due to the technology’s capabilities and the need to protect

Read More...
Crypto Hub

Crypto Hub Will Soon Rise in South Korean City

The mass adoption of blockchain technology and cryptocurrency is gradually happening and it’s very evident in South Korea where

Read More...
Palm Oil Industry

Malaysia’s Palm Oil Industry Incentivized with Blockchain

It seems like Malaysia is taking the most out of blockchain technology mostly for its palm oil industry. The

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu