Bitcoin ATM hits the Staten Island Ferry

CoinSource, the secure BTM network with instant transactions, today unveiled its first Bitcoin ATM machine in New York City at the Staten Island Ferry’s Whitehall Terminal. Located in the southern tip of Manhattan’s crowded and affluent Financial District, the newest CoinSource machine joins their network of fully operational BTMs in Las Vegas and Chicago. The CoinSource network liquidity is also a partner of Coinsetter, the ECN style bitcoin exchange.

In addition to providing one of the only Bitcoin ATMs in lower Manhattan, the CoinSource BTM offers attractive rates to customers with standard fees at 7%. Large purchasers and high volume customers can access even further reduced fee levels.

CoinSource Managing Partner Sheffield Clark said, “CoinSource is proud to open its third BTM to the public at the Staten Island Ferry Terminal in downtown Manhattan. Over 22 million people per year travel between boroughs through the Staten Island Ferry, and for many, the high tech, easy-to-use CoinSource BTM will be their first tangible exposure to digital currency.”

Clark added, “CoinSource recently submitted its application for BitLicense — one of only 22 companies to do so — and we are permitted to fully operate in New York State. Bitcoin ATM users can have total confidence in using CoinSource machines, which allow for convenient, instantaneous transfers and adhere to cutting-edge security standards. We greatly look forward to serving the residents and businesses of New York for years and years to come.”

Source: CoinSource

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