Categories: News

Philadelphia Receives First Bitcoin ATM From Coinsource

Coinsource launches its first low-fee Bitcoin ATM in The City of Brotherly Love

PHILADELPHIA, PA (February 25, 2016) – Coinsource, the reliable and secure national bitcoin ATM network, today announced the installment of a new bitcoin ATM at the Philly Dream Shop at 254 South St. in central Philadelphia.

Also Read: Interview with Coinsource about the newly installed Las Vegas BTM

Host business Philly Dream Shop is a familiar sign for many in the neighborhood, faithfully servicing the community and calling Philly home for over half a decade. Installed at the popular store at the corner of South Street and S 3rd Street in the historic neighborhood of Queen Village just southeast of city center, Coinsource’s newest bitcoin ATM is easily accessible by car, bus, or metro. The new machine is only the second bitcoin ATM in the heart of Philadelphia and just the sixth within city limits. It boasts the latest closing time for a bitcoin ATM in the entire city, with doors open until 12:30 AM on weekends.

Coinsource’s GenesisCoin bitcoin ATM offers attractive low prices to buy bitcoin, with rates starting at 7% that get lower with higher volume purchases.

“Coinsource is proud to announce our first bitcoin ATM in Philadelphia,”

said Coinsource Managing Partner Sheffield Clark.

“In particular, we’re excited to install a low fee bitcoin ATM in the heart of the city, easily available to both locals and commuters alike. We are committed to providing the highest level support to our customers and guarantee always-low fees. All our machines adhere to cutting-edge security standards and provide simple, convenient, instantaneous transfers compatible with any bitcoin mobile wallet.”

The newest, easy-to use Coinsource BTM joins a network of active Bitcoin ATMs distributed across the United States, with locations stretching from San Diego to New York City.

Related Post

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

PHILADELPHIA LOCATION: Philly Dream Shop, 254 South St., Philadelphia, PA 19147
HOURS OF OPERATION: Sun – Thur: 10:30 AM to 11:00 PM, Fri – Sat: 10:30 AM to 12:30 AM
ATM TYPE: GenesisCoin 1-Way Bitcoin ATM
FEES: 7% Buy

Press Contact

David Wachsman
Founder
Wachsman PR

110 Wall Street
New York, NY 10005

P: (212) 835-2511
E: david@wachsmanpr.com

If you liked this article follow us on twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

NOTE: This is a press release, any product/service mentioned is not endorsed by The Merkle.

Image Credit: 1

Mark Arguinbaev

I'm a 29 year old cryptocurrency entrepreneur. I was introduced to Bitcoin in 2013 and have been involved with it ever since. Fun Fact: I mined cryptocurrency using my college dorm room's free electricity.

Share
Published by
Mark Arguinbaev

Recent Posts

Bitget Launches OpenAI Pre-IPO Access As Crypto Exchanges Push Into Tokenized Equity Markets

Bitget officially launched pre-IPO access to OpenAI via its IPO Prime platform which deepens their…

9 hours ago

Tether Expands Open-Source Push With New Developer Grants For AI And Payment Infrastructure

Tether's presence in decentralized tech space is growing due to the launch of its developer…

1 day ago

Huma Finance Exploit Hits Legacy Contracts As Platform Maintains Stability And Accelerates Transition To V2 System

While challenges remain, the decentralized finance sector is moving forward, and Huma Finance's exploit serves…

1 day ago

Chainlink Expands Cross-Chain Reach As Major Protocols And Institutions Deepen Adoption 

Chainlink is continuing its mission to be the most widely integrated infrastructure in crypto, adding…

2 days ago

Sui Network Hit Again: DeepBook Exploit Adds To Growing List As Token Defies Pressure With Bullish Breakout

A vulnerability in one of the core DeFi protocols on Sui Network exposes the ecosystem…

3 days ago

Polygon Raises Network Capacity To 140M Gas

Polygon has made a big move in cementing its mission as one of the leading…

4 days ago