Coinark

Coinark serves cash purchases and sales of bitcoin through a local ATM network in Erie, Pennsylvania. Other assets, including ETH, are presented as a possible future expansion and are not part of the confirmed list, so BTC is the only asset available at present.

How it works

Individuals exchange US dollars in cash for BTC, and the reverse, at supported ATMs. Cash is the only payment method and USD the only currency. This is a local operator rather than a national chain, and its coverage is a single city.

Timing

Timing depends on the Bitcoin network. According to the company, larger transactions may require one to two days.

What to confirm

The materials do not give fees, spreads, per-transaction limits, identification rules, the legal entity or the licences under which the machines operate. A customer planning a larger transaction should ask for these in advance, allow for the possible delay, and check how the operator handles verification in Pennsylvania.

Who it suits

Residents of Erie and the surrounding area who want to buy or sell bitcoin for cash close to home and do not need other tokens or card payments.