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CoinFlip Continues to Dominate the U.S. Cryptocurrency ATM Market

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CoinFlip

Although cryptocurrency has brought in a lot of traders seeking the dream of overnight wealth, cryptocurrency is a lot more than just striking it rich.  Cryptocurrency is about creating a new market with companies that are building cutting edge technology in an effort to continue elevating our way of life.  As the crypto market continues to expand, several companies are involved in creating ways for more people to participate.  One such company that appears to be making all the right moves is CoinFlip.

CoinFlip is the world’s leading cryptocurrency ATM operator that currently allows users to buy and sell 10 different cryptocurrencies including BTC, ETH, LTC, DASH, TRX, KMD, LINK, BNB, XLM, and USDC.  Due to the company’s quick growth, CoinFlip has quickly gained a reputation of being the place to go for all crypto ATM transactions.  In addition to its massive geographic coverage, there are four advantages that CoinFlip currently offers over its competitors:

  • Lowest fees of any cryptocurrency ATM in the world
  • Lightning-fast transactions that are typically completed between 10 and 30 minutes
  • Extremely easy customer verification
  • 24/7 customer support through phone, text, and chat

Given the global pandemic currently facing us, many companies have been struggling just to survive.  CoinFlip, on the other hand, is not only surviving but thriving.  The company has had an exciting few months and has even bigger plans for the future.

Partnership with Monarch Wallet

On May 5th, CoinFlip announced details of its partnership with Monarch Wallet, which will serve to expand access to underserved audiences including the underbanked and unbanked, those in cash-heavy economies, and people who prefer hands-on support for their transactions.  “Wallets and ATMs are naturally synergistic since every user needs to download a wallet before they purchase crypto from us,” said Daniel Polotsky, CEO and Founder of CoinFlip.  “We want users to engage with our machines, buy crypto, and then continue to engage with the crypto world through Monarch Wallet’s many services aiming to educate users about cryptocurrency.”

The partnership will allow Monarch to fully integrate the CoinFlip ATM locator into its app, while CoinFlip will promote Monarch Wallet at each of its ATMs to increase the convenience and efficiency of buying, selling, and storing of crypto.

ATM Growth Surge

As previously mentioned, CoinFlip is the undisputed global leader of crypto ATMs.  Of course, in order to maintain that position and continue to bring in new customers, the company must continue to expand its geographic reach and that’s exactly what CoinFlip is doing.  Just in the month of May, CoinFlip installed over 60 ATMs including some new areas such as Benton, Arizona and Union City, Georgia.  The company now has over 600 active ATMs across the country and intends to meet its goal of 1,000 ATMs by the end of 2020.

CoinFlip plans on releasing its new model ATM, the BATM4, in the coming months.  The model will come with a beautiful 23” touch screen, neon bezel, and sleek form factor.  Additionally, many of these ATMs come with anti-microbial coatings, which work to kill microorganisms and ensure the cleanliness of the ATM machine.  In light of what’s happening around the world, customer safety is the #1 priority for CoinFlip.

Launch of CoinFlip Preferred

When it comes to financial markets, the truth is that there are participants of all levels and backgrounds.  There are traders who are at the beginning stage, the intermediate stage, the advanced stage, and expect level.  Some traders will simply want to dip their toes in the water with a few hundred bucks while those who have been investing for years will likely want to invest a lot more capital.

Fortunately, when it comes to crypto, there are services that cater to both retail customers and expert traders who require the use of over-the-counter services in order to fill large orders at the best prices.  But what about someone who wants the best of both worlds?  That’s where CoinFlip Preferred comes into play.

While traditional OTC services normally require a minimum investment of at least $100,000, CoinFlip Preferred’s minimum is only $5,000.  This is the perfect compromise for traders that want the lowest fees possible along with concierge customer support.  While CoinFlip Preferred is currently only offered to those in the United States, the company does have plans to expand to a global audience in the near future.

Summary

I’ve personally been using CoinFlip since early 2019 and I’m simply blown away by the growth the company has demonstrated since then.  Even in the face of a global pandemic that has brought many companies to the breaking point, CoinFlip continues to dominate which is a sure sign of great things to come.  The company has hired nearly 20 employees during the past few months and plans to continue hiring throughout the rest of the summer.  I look forward to following CoinFlip’s progress over the coming months and years.

Image by Hans Braxmeier from Pixabay

Bitcoin

Is Bitcoin Esport Betting the next big thing in BTC Casinos?

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Bitcoin Casinos

Ever since the creation of the first sport games, people started enjoying the betting process. As the sports grew more popular around the world, so did the betting community and other than the physical betting shops, online sportsbooks have also started to emerge. Around 5 years ago the crypto gambling industry also made strides to join the fun and Bitcoin Casino started pouring its resources into providing proper sportsbook experience for their communities of players. For several years the things were steady and the concept of Bitcoin Betting was growing exponentially. Although recent events have significantly halted the progress of sports and betting, the new alternative started gaining traction in the gambling world, and that alternative was the Esport Betting. 

How did Esport Betting become so popular?

The beginning of 2020 was unprecedented for the history of mankind and all the global business, including the gambling industry. In the month of March, most of the sports stopped because of the ongoing global Covid-19 pandemic and betting services witnessed huge losses. That’s where the Bitcoin Casino industry found a viable alternative in the virtual sport segment. Because of that, Esport Betting has become increasingly more popular and the biggest BTC Casinos started providing a huge selection of tournaments in their sportsbook section.

How to participate in Esport Betting?

Esport Betting is basically the same process as the usual sports betting.…

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Bitcoin is Steadily Changing Our Lives in the Greatest Ways Possible

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Bitcoin

Bitcoin has already brought our world some of the most incredible innovation we have seen, but the best is yet to come. 

Bitcoin, cryptocurrencies, blockchain. While often regarded as mere industry buzzwords are actually the fundamentals of something far greater. Things like borderless currency, decentralized business, open-source software, collaborative technology, shared computing. These are just a scant few of the underlying principles that are taking our technology and daily lives into the future. Should these sciences be embraced, it will be a bright future indeed. 

It has become ever more transparent that humans today are living in fear. If nothing else, 2020 has brought the tidal wave of anxiety and distrust that many live in the shadow of, to a terrifying apex. We are all just waiting for the crash. While some flock to literature, or social media, or their favored news outlet, others flock to exchanges. Using platforms like the newbie friendly Bitvavo to place their bets on the future, on what could be, and what already largely is. Bitcoin and the technology that underpins its innermost workings are a preparation for a better tomorrow. An investment in a future that is already changing our lives today. 

The Point Behind the Hype 

In 2008, when Satoshi Nakamoto wrote the bitcoin white paper, few paid attention. It took years to…

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Bitcoin

AAX Crypto Exchange Announces Massive Growth Numbers in August

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AAX Exchange

As the crypto market continues to surge, new traders continue to enter the market on a daily basis.  One of the first questions that new traders have is where should they trade crypto.  While there are countless options for buying and selling digital assets, traders need to exercise extreme caution and perform due diligence to avoid scam exchanges as well as places that have limited or no volume.  While the main platforms such as Coinbase, Binance, and Bittrex will always have significant volume, their fees are known to be on the expensive side.  AAX, a next-generation cryptocurrency exchange with the lowest futures fees in the world, represents a compelling alternative that traders should consider.

Growth Announcement

A few of the most important issues to consider when deciding whether to use an exchange are the number of users and the volume.  On August 7, AAX announced that in a little over two weeks, the exchange doubled its user base bringing the grand total of registered users to over 200,000.  At this rate, AAX may surpass the million mark later this year which would be an incredible achievement and is most certainly due to a variety of factors including extremely low fees and revolutionary technology.

Institutional-Grade Exchange

When AAX decided to build its platform, it set out to meet the demands of both institutional and retail investors.  In order to achieve that goal, the exchange operates at the highest possible…

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