CoinMover is proud to announce its new Bitcoin ATM at Town Convenience in Stoneham, MA. This state of the art cryptocurrency kiosk boasts the latest technology in a sleek, modern design. The 23-inch glass screen offers the customer a more simplified, easier user experience. The kiosk’s interface has a larger overall display and step-by-step button icons.
Jim Murray, Chief Operating Officer at CoinMover stated, “We chose to install the newly designed Bitcoin ATM at CoinMover’s first ever location, Town Convenience in Stoneham, MA, where our company debuted just over a year ago. This state of the art kiosk will offer customers both Buy and Sell cryptocurrency options. It is CoinMover’s first Buy/Sell Bitcoin ATM on the North Shore.”
Jim further expressed, “This is CoinMover’s 25th Bitcoin ATM kiosk in total and marks the beginning of another growth period for the company.” The company anticipates doubling in size despite the pandemic and struggling 2020 economy. CoinMover plans to expand across Massachusetts, New Hampshire, and Greater New England by year’s end.
As one of the newest entrants into the digital cryptocurrency and bitcoin ATM market, CoinMover offers customers the ability to purchase cryptocurrency for fiat money (e.g., buy bitcoin with cash) and send it to a mobile wallet on their smartphone. Some machines also offer the ability for users to sell their cryptocurrency back to CoinMover and withdraw money from the ATM.
Buy Bitcoin with Cash Instantly!
Registering for a CoinMover account requires just a smartphone for transactions under $2,500. For amounts over $2,500, federal regulations require scanning a government-issued ID at the machine. The huge growth in crypto ATMs has taken over the entire country in the past two years.
This machine services customers in Stoneham and the surrounding towns of Woburn, Winchester, Reading, and Melrose. Our machines sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and DASH. We also offer great customer support and real-time registration right at the terminal.
For a complete list of CoinMover Bitcoin ATM locations, click here.
Bitcoin ATM Usage
“Making cryptocurrency more accessible is the primary mission of CoinMover” commented Jim Murray, Chief Operating Officer at CoinMover. “There are over 8,000 of these machines in the world and about 6,100 in the USA alone, with an average of 11 new machines activated each day.”
Many of these machines, known as Bitcoin ATMs, are used to send remittances overseas to friends and family. They’re faster and less expensive than traditional channels like Western Union or MoneyGram. In addition, the market decline in 2018 has not stopped innovation and development in this area. Therefore, it will continue at a rapid pace for the foreseeable future.
At the time of this release, the price of bitcoin was $9,492.32 USD, although you can buy bitcoin and other cryptocurrency with cash for fractions of a whole unit. For example, $300 purchased from our machine will get you 0.032 BTC in your mobile wallet.
Headquartered in Lynn, Massachusetts and founded in early 2018, CoinMover’s business goal is to provide its customers a simplified and safe experience while buying and selling digital currencies. CoinMover operates as a U.S. Department of Treasury FinCEN Registered MSB #31000136090594.