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- Coinme announced that the company extended its Bitcoin cash services by 185% over the past year to over 21K locations across the U.S.
A crypto onboarding service, Coinme recently announced the launch of Six new digital assets. These are open for purchase by depositing cash at kiosk stations constructed across the U.S following an alliance deal with Coinstar.
Users of Bitcoin will be permitted to access Chainlink, Ethereum, Stellar, Litecoin, Dogecoin, and XRP(Ripple) at a reportedly instant transaction rate.
Neil Bergquist, CEO and co-founder of Coinme, underlined that crypto services allowed “the company to scale to 10,000 additional physical locations, providing instant cash onramps to crypto, which can be purchased and securely stored in the Coinme wallet or sent to nearly any wallet globally.”
Coinme is headquartered in Seattle, a city in Washington, and has been offering financial services since 2014. The company received an award for its impactable initiative and was ranked Ninth out of 150 among the fastest-growing Fintech companies in the U.S pacific region.
At a Bitcoin Conference, Coinme announced that the company extended its Bitcoin cash services by 185% over the past year to over 21K locations across the U.S.
Chief Executive officer of Coinstar Jim Gaherity mentioned they were asking for new assets on the firm’s Coinme-enabled Coinstar kiosks.
Jim Gaherity underlined his statement, “We want to make it easy for anyone, regardless of their familiarity with crypto, to get started with digital currencies with cash in their local grocery stores.”
The initiative of launching ATMs featuring withdrawals of cryptocurrency is becoming a trend in the present time and will follow this in upcoming times. Likewise, a collaboration between Coinme and Coinstar will set a new milestone in purchasing and withdrawals of cryptocurrency.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
