Bitcoin ATM Provider Coinsource to Install 7 New Machines in Los Angeles

On May 3, 2016, Los Angeles time , Coinsource , a provider of the Bitcoin ATM network in the United States , announced that the company will install 7 Bitcoin ATMs in Los Angeles and 2 in Las Vegas . Currently, Coinsource has installed a total of 16 Bitcoin ATMs in major cities on the West Coast , including San Francisco, Silicon Valley, Los Angeles, Las Vegas, and San Diego .

Currently, Coinsource has installed four Bitcoin ATMs in Los Angeles. Coinsource has built a network of 30 Bitcoin ATMs in five states across the United States and has always maintained the lowest transaction fees .

Coinsource CEO Sheffield and co- founder Clark said the company is expanding rapidly as the digital currency industry develops rapidly .

" The entry of the Coinsource brand into the Los Angeles area is a well-thought-out move, as Southern California is home to many Bitcoin enthusiasts. The appearance of seven new Bitcoin ATMs in the area is a milestone, and it is a great choice for many Bitcoin novices and veterans. As Bitcoin application scenarios become more popular, we foresee that one day in the future, Bitcoin will completely replace cash and credit cards," said Clark.

These machines are located in specific locations , generally in areas with high traffic and pedestrian density , such as shops with convenient parking, easy access and operation.