Coinsetter partners with BitcoinATM360, giving operators access to exchange's liquidity

Sunday, 02/11/2014 | 10:07 GMT by Leon Pick
Coinsetter partners with BitcoinATM360, giving operators access to exchange's liquidity

New York-based Bitcoin Exchange Coinsetter has partnered with BitcoinATM360, a company that markets a wide array of Bitcoin ATM products and services.

According to its website, BitcoinATM360 sells ATMs from multiple manufacturers. It says it also offers 24/7 support, machine branding, delivery and order fulfillment services, and even buys/sells used machines.

The partnership will grant client ATM operators access to Coinsetter's marketplace. Said Terry Woltman, CEO of BitcoinATM360:

"This partnership will be known as a significant advance in the Bitcoin ATM space. 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. The ‘concierge level’ integration between BitcoinATM360 and Coinsetter, the most reliable bitcoin exchange for ATM operators that we’ve found, will speed up and improve the deployment of machines ordered from Bitcoin360ATM.com.”

The partnership marks the latest in a trend seeing ATMs, exchanges, miners and e-commerce sites diversify into each of the other's business segments.

As part of its "Bitcoin ATM Advance" program, Coinsetter is also waiving the first $500 in fees for operators signing a 1-year contract with the exchange.

New York-based Bitcoin Exchange Coinsetter has partnered with BitcoinATM360, a company that markets a wide array of Bitcoin ATM products and services.

According to its website, BitcoinATM360 sells ATMs from multiple manufacturers. It says it also offers 24/7 support, machine branding, delivery and order fulfillment services, and even buys/sells used machines.

The partnership will grant client ATM operators access to Coinsetter's marketplace. Said Terry Woltman, CEO of BitcoinATM360:

"This partnership will be known as a significant advance in the Bitcoin ATM space. 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. The ‘concierge level’ integration between BitcoinATM360 and Coinsetter, the most reliable bitcoin exchange for ATM operators that we’ve found, will speed up and improve the deployment of machines ordered from Bitcoin360ATM.com.”

The partnership marks the latest in a trend seeing ATMs, exchanges, miners and e-commerce sites diversify into each of the other's business segments.

As part of its "Bitcoin ATM Advance" program, Coinsetter is also waiving the first $500 in fees for operators signing a 1-year contract with the exchange.

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