The rise of Bitcoin (BTC) over the past decade has fueled innovation in the crypto space. New services and infrastructure have emerged, making buying and selling BTC more accessible than ever!
Notably, one of the earliest and most convenient ways to get started with Bitcoin is through Bitcoin ATMs. With that said, we interviewed Daniel Fagredine, a Client Manager at CoinFlip.
What Is CoinFlip?
Established in 2015 by Daniel Polotsky, Kris Dayrit, Alan Gurevich, and Ben Weiss, CoinFlip is a leading global digital currency platform company headquartered in Chicago, Illinois. It provides consumers easy and secure access to buy and sell cryptocurrency through the world’s most impressive network of Bitcoin ATMs, boasting over 5,000 units in the United States, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Panama, and Brazil.
CoinFlip’s ATMs facilitate the safe purchase of major cryptocurrencies using cash. The company also offers CoinFlip Preferred, a bespoke over-the-counter service for personalized investor support, and introduced CoinFlip Ventures in 2022 to aid early-stage crypto and Web3 projects with coaching, funding, and networking.
Recognized for its rapid growth, CoinFlip has been featured in the top 500 of the Inc. 5000 list for three consecutive years, the Deloitte Technology Fast 500 for two years, and Chicago’s fastest-growing company by Crain’s in 2021 and 2022. It has also been listed in the Chicago Tribune’s Top Workplaces and received the Stevie® Award for Customer Service in 2021 and 2022.
What Does CoinFlip Do?
CoinFlip is a company that operates Bitcoin ATMs, allowing users to buy and sell Bitcoin and other cryptocurrencies using cash or debit/credit cards.
“CoinFlip is the largest Bitcoin ATM provider by far in volume,” Daniel Fagredine, CoinFlip’s Client Manager, told UseTheBitcoin.
The crypto ATM provider aims to make crypto transactions more accessible by providing a straightforward and user-friendly interface for novice and experienced users. The company also offers customer support to help users with their transactions and any issues that might arise.
CoinFlip’s Services
CoinFlip is currently one of the leading providers of crypto services through their Bitcoin ATMs. However, their offerings extend beyond that. Let’s get to know the company’s core services:
CoinFlip Bitcoin ATMs
Their ATMs allow you to buy not just Bitcoin (BTC) but other cryptocurrencies as well. Notably, they have the lowest rates among Bitcoin ATMs and even offer a price match guarantee if you find a cheaper option within a 5-mile radius.
We have also listed CoinFlip as one of our top ten best Bitcoin and Crypto ATM operators in 2024, so make sure to check out the article below! 👇
Recommended: Top 10 Bitcoin And Crypto ATM Operators In 2024
CoinFlip Preferred
CoinFlip Preferred is a premium over-the-counter service offered by the company. Unlike the standard Bitcoin ATM experience, CoinFlip Preferred provides a more personalized and tailored approach to buying and selling cryptocurrencies.
“CoinFlip Preferred is an OTC desk that aims for a personalized experience,” Fagredine commented. “The best way to explain it is ‘tailoring,’ meaning clients have a consultation, and we gather all their needs.”
“It’s totally relationship-based, and you will have a client manager. The client manager is the person you contact for everything you need in CoinFlip or the OTC desk,” Fagredine explained.
CoinFlip Wallet
CoinFlip Wallet provides a safe place to store your purchased cryptocurrencies, which can be used to directly receive crypto purchased from CoinFlip ATMs, streamlining the process.
CoinFlip Ventures
In 2022, CoinFlip also launched CoinFlip Ventures, an investment group focused on supporting and strengthening early-stage startups building the future of the internet (Web3).
Where Are CoinFlip ATMs Located?
There are over 5,000 CoinFlip ATMs worldwide, with 600 ATMs currently in Australia and 4,500 ATMs in the US.
For more information, you can easily find the nearest CoinFlip ATM in your local area with their CoinFlip ATM Locator.
Final Thoughts
For further information on CoinFlip and to stay updated on their announcements, please visit their website and follow their official social media channels provided below:
👉 Website: https://coinflip.tech/
👉 Twitter/X: https://x.com/coinflip
👉 YouTube: https://www.youtube.com/channel/UCBW95iOTlj46FuraynCeV1w
👉 LinkedIn: https://www.linkedin.com/company/coinflipusa/
👉 Instagram: https://www.instagram.com/coinflip/
