CoinFlip Ventures Targets DeFi, NFTs, Tokenization With $1M Fund

In addition to Bitcoin, CoinFlip offers Ethereum ETH/USD, Litecoin LTC/USD, Dogecoin DOGE/USD, Stellar Lumens XLM/USD, Chainlink LINK/USD, Pax Gold PAXG/USD, USD Coin USDC/USD, and Tether USDT/USD, Polotsky tells Benzinga.

CoinFlip, a Chicago-based cryptocurrency kiosk operator, is setting itself apart in the industry by offering a diverse range of cryptocurrencies for purchase at its kiosks.

Most cryptocurrency ATMs only allow customers to trade cash in for Bitcoin (CRYPTO: BTC), but CoinFlip offers a wider selection that includes Bitcoin, Ethereum (CRYPTO: ETH), Litecoin (CRYPTO: LTC), Dogecoin (CRYPTO: DOGE), Stellar Lumens (CRYPTO: XLM), Chainlink (CRYPTO: LINK), Pax Gold (CRYPTO: PAXG), USD Coin (CRYPTO: USDC), and Tether (CRYPTO: USDT).

"We're also able to offer a broader range of cryptocurrencies at our kiosks, which is something that most other operators don't do," CoinFlip founder and CEO Daniel Polotsky told Benzinga.

CoinFlip currently operates over 4,000 cryptocurrency kiosks across the U.S. and recently became the first crypto kiosk operator to launch in New Zealand.

The company's kiosks are located in high-traffic areas, such as malls, grocery stores, and gas stations. Customers can use the kiosks to buy or sell cryptocurrency for cash in a quick and easy transaction.

CoinFlip's kiosks are also equipped with a user-friendly interface that makes it easy for customers to navigate, even if they're new to cryptocurrency.

"We prioritize consumer support with our 24/7 customer service, which sets us apart from others in the market," Polotsky added.

CoinFlip's diverse cryptocurrency offering and widespread kiosk presence cater to the growing demand for accessible and convenient entry points into the crypto market.

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