Cryptocurrency ATMs has long become the norm, but the expansion is rather slow to be of real use in some states. But now California will enjoy 8 more ATM units from Coinme, bringing the total count up to 23.
The company is providing the opportunity for the customers to buy and sell Bitcoin immediately through their ATMs, so that the people can participate in the growing market of digital currencies.
“We are dedicated to bringing the best of the cryptocurrency economy to the diverse population of California and the world. In addition to a large technical community that appreciates the digital, decentralized qualities of crypto, there is an unbanked population who can now use Coinme as an onramp to participation in the financial system,” said Neil Bergquist, the CEO of Coinme.
The new locations for their machines are chosen in both urban and rural areas to maximize coverage and provide equal service regardless of location.
Aside from crypto ATMs, the company also offers a trading platform, digital wallet and crypto investment services.
The main difference between Coinme ATMs and their competitors is that customers can sell their crypto instantly and receive money without delays.