Coin Cloud Expands Beyond 4,000 Digital Currency Machines While Announcing the 48th State
Leading DCM Operator Reaches New Milestones While Continuing to Expand Currency Choices and Reaching New Audiences Seeking Financial Options
Coin Cloud, the world’s largest digital currency machine (DCM) operator, announced two new milestones today. The company now has more than 4,000 kiosks across the US and Brazil, thanks to new retail partnerships and growing demand. Also, Coin Cloud machines can now be found in 48 states.
As the only national network of 100% two-way DCMs, offering purchase and cashout options at every location, Coin Cloud’s services are unparalleled. Their DCMs are more advanced versions of standard Bitcoin ATMs, and give customers the ability to instantly buy and sell Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) and over 35 other digital currencies with cash.
The company recently added some new offerings to their DCM selection, including Cardano (ADA), making Coin Cloud the only place you can buy and sell the Top 3 cryptocurrencies by market cap with cash. Other fresh selections include SushiSwap (SUSHI), Nano (NANO), and PAX Gold (PAXG), while just last month they brought in another two coins, Enjin Coin (ENJ) and Polymath (POLY).
Coin Cloud is a registered Money Services Business (MSB) with FinCEN and operates an Anti-Money Laundering (AML) compliance program in accordance with the Bank Secrecy Act (BSA). Vermont is the newest state the company has been licensed to operate in, bringing the total to 48.
“We’re very excited to announce both these milestones happening at the same time,” said Chris McAlary, CEO of Coin Cloud. “We always stay 100% compliant with state and federal regulations, and some state-level approvals take a little longer. We’re happy that we finally got the green light in Vermont, and that we now have an incredible 4,000 machines from coast to coast.”
The Coin Cloud ecosystem of products and services includes not just DCMs, but also online purchasing, Private Client Desk over-the-counter services, and the Coin Cloud Wallet app. This free mobile app enables users to completely control and manage their own money, as well as store, buy, sell, send or receive digital currency from anywhere in the world. It’s also designed to work seamlessly with Coin Cloud DCMs.
Coin Cloud’s combined expansion of retail partnerships, number of machines and coin offerings will further the company’s mission of Bringing Digital Currency to All as they provide convenient access to digital assets for beginners, enthusiasts and investors from all demographics. Coin Cloud is able to maintain its efficient rollout of DCMs by staying ahead of the growing popularity of cryptocurrencies and creating a seamless customer experience.
About Coin Cloud:
Coin Cloud is an industry-leading digital currency machine (DCM) company founded in 2014 in Las Vegas, Nevada. With over 4,000 locations nationwide, Coin Cloud is the world’s largest and fastest-growing network of two-way DCMs, the next generation of the Bitcoin ATM. Coin Cloud is the only national operator with 100% two-way DCMs that empower you to quickly and easily buy and sell 40+ virtual currencies spanning six categories. You can find your nearest Coin Cloud DCM at www.Coin.Cloud/dcms