CoinFlip plans to continue adding coins as it rapidly expands its own ATM network, which already has clearance to run in over 40 states.
Cryptocurrency ATM startup CoinFlip now allows customers to purchase Stellar Lumens from its network of machines, according to co-founder and CEO Daniel Polotsky.
The listing increases XLM's availability in brick-and-mortar stores, Polotsky said.
CoinFlip operates about 450 ATMs in gas stations and convenience stores across the United States, allowing customers to buy a variety of cryptocurrencies with credit cards.
It also runs 40 two-way ATM locations where users can sell their crypto for hard cash USD.CoinFlip ATMs already offer customers access to bitcoin, litecoin, ether, dash, komodo, chainlink and tron.
Polotsky said XLM's high daily liquidity and market prominence - plus his customers' requests - prompted him to list the token.
CoinFlip plans to continue adding coins as it rapidly expands its own ATM network, which already has clearance to run in over 40 states, according to Polotsky.
"We're trying to push out 20 [ATMs] a week," he said.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
CoinFlip Adds Support for Stellar XLM to Its 450 Crypto ATMs
Publicado en Feb 6, 2020
by Coindesk | Publicado en Coinage
Mencionado en este artículo
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.