Cryptocurrency ATMs typically lack options. Most only allow customers to trade cash in for Bitcoin BTC/USD.
That’s not the case with CoinFlip, the Chicago-based startup founded by 29-year-old Daniel Polotsky.
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.
Read on for Polotsky’s thoughts on the dwindling number of ATMs, M&A, venture capital and CoinFlip’s global aspirations.
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Polotsky: I’m not concerned about the declining number of Bitcoin kiosks. It seems like many companies are working to optimize their operations, and some actors that weren’t managed well or didn’t comply with regulations are closing down. This might mean fewer ATMs…
