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Coin Cloud, a crypto kiosk provider, is on track to reach 2000 installations thanks to a new deal

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  • Coin Cloud is set to instal its 2,000th kiosk in a popular Texas-based grocery chain
  • The company, based in Las Vegas, has gone crazy in recent months, expanding to 1,250 kiosks in December
  • Over 30 cryptocurrencies, including bitcoin, ethereum, dogecoin, and a variety of stablecoins and DeFi tokens, are available on Coin Cloud machines

As the popularity of digital money grows, Coin Cloud plans to instal its 2,000th digital currency machine. Coin Cloud’s trajectory as the largest and fastest-growing operator of digital currency machines has reached a major milestone. Following retail partnerships with CAL’s Convenience Store, United Natural Foods, Inc. (UNFI), and the National Alliance of Trade Associations, Coin Cloud, the world’s largest and fastest-growing digital currency machine (DCM) operator, announced today that it will instal its 2,000th kiosk across the United States and Brazil. Coin Cloud operates the world’s largest and fastest-growing network of 100% two-way digital currency machines, with over 2,000 locations in 47 states and Brazil.

Cryptocurrency Services from Coin Cloud

Coin Cloud’s rapid expansion continues with the arrival of its 2,000th kiosk at H-E-B in San Antonio, providing customers with easy and convenient access to more than 30 digital currencies, including popular cryptocurrency options like Bitcoin, Ethereum, Dogecoin, Litecoin, several US dollar stablecoins, and a variety of DeFi tokens. Chris McAlary, Founder and CEO of Coin Cloud, says that they are thrilled to reach this juncture in our business because our growth is a tangible representation of interest in digital currencies and of Coin Cloud’s mission to provide communities with seamless options to buy and sell. As they grow, retailers will become more aware of the critical role digital currency will play in the future, as well as how Coin Cloud’s extensive rollout of DCMs will assist them in meeting the technological and financial needs of their customers.

Coin Cloud is an excellent example of the one-of-a-kind solutions that UNFI’s Professional Services teams provide to independent grocery retail customers who want to stay current, relevant, and competitive. Giving customers the opportunity to enter the digital currency space through small footprint DCMs is just one example of cost-effective and scalable solutions that help set retailers apart as cutting-edge leaders in the space for the largest publicly traded wholesale distributor in the United States and Canada.

UNFI has over 300 customer locations

UNFI is a vertically integrated grocery retailer that prioritises sustainability, fresh food, and healthy options. Coin Cloud gains traction with some of the most forward-thinking people across the country as consumers become more aware of where their food comes from and how it’s grown. Consumers seeking to enter the digital currency ecosystem can use UNFI’s on-ramp, which is quick and easy to use.

The notable achievement of Coin Cloud

Coin Cloud, the only national operator of 100% two-way DCMs, announced the launch of its 1,250th kiosk in December 2020. In an industry where the average number of machines sold per month is around 50, reaching the 2,000 DCM mark after only seven months is a significant achievement.

He didn’t believe Coin Cloud when they said they’d deliver and instal over 200 machines in a week, according to CAL’s Convenience Store CMO Ray Harrison. It was impressive how quickly and easily they were able to execute. It was the quickest and highest-quality rollout they’d ever had in terms of operations.

Coin Cloud’s strategy behind the rapid DCM rollout is to stay ahead of the growing popularity of digital currencies, such as cryptocurrency, by creating a seamless client experience that allows users to buy and sell various currencies with cash at any of their DCMs and manage, store, buy, and sell from anywhere in the world using Coin Cloud’s free mobile wallet. The growth milestone also coincides with the Federal Reserve’s recent announcement of exploratory efforts to develop its own central bank digital currency, demonstrating Coin Cloud’s commitment to becoming the world’s leading digital currency provider.

As digital currency becomes more popular in the United States, it was critical for them to partner with one of the largest and most dependable providers in the industry, according to Mike Thompson, CEO of the National Alliance of Trade Associations. Coin Cloud gains access to the same communities that NATA invests in by partnering with them.

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