News

BitcoinATM360, Coinsetter team up on turnkey solution for bitcoin ATM operators

The partnership allows bitcoin ATM operators to order a machine with backend exchange access, integration, and processing already set up before delivery.

November 3, 2014

Bitcoin ATM sales, service and financing provider BitcoinATM360 has partnered with Coinsetter, a U.S.-based enterprise bitcoin exchange, to offer preferred access to the Coinsetter exchange to bitcoin ATM operators purchasing a machine through the BitcoinATM360.com website, a news release said.

"For the first time, an operator will be able to order a machine with backend exchange access, integration, and processing already set up before delivery," said BitcoinATM360 CEO Terry Woltman. "The 'concierge level' integration between BitcoinATM360 and Coinsetter ... will speed up and improve the deployment of machines ordered from Bitcoin360ATM.com."

The partnership adds value to bitcoin ATM operators through reliable technology, deep order book liquidity, and low trade fees, the release said. Concurrent with the partnership, Coinsetter announced that it will pay for bitcoin ATM operators' first $500 of trading fees on the exchange.

"Given the important role that bitcoin ATMs will play in bringing cost-effective remittance and banking solutions to people around the globe, we are excited to provide operators with preferred access to our industry-leading bitcoin exchange technology through this partnership," Coinsetter CEO Jaron Lukasiewicz said in the release.