Coinme grows the Cash-to-Bitcoin network by 185% per year, climbing to over 21,000 locations

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Nearly 90% of the US population is within five miles of a Coinme-enabled location; Exhibit and launch contests at Bitcoin 2022 with a chance to win $3,000 in bitcoins

MIAMI, April 6, 2022 /PRNewswire/ — Coinme®, a leading cryptocurrency exchange in the United States, today announced at the Bitcoin 2022 conference that it has grown its cash-to-bitcoin network by 185% year over year. other at more than 21,000 locations nationwide. Coinme’s network now outstrips any Bitcoin ATM network in the US, with nearly 90% of the US population living within five miles of a Coinme-enabled location. As a result, the majority of the US population can buy bitcoin instantly with cash at a Coinme-enabled Coinstar® kiosk or visit a participating MoneyGram location to buy or sell bitcoin instantly with cash.

“Since the pandemic, we have seen demand for our services increase as Americans become more aware of crypto as a store of value and an efficient means of payment,” said Neil Bergquist, CEO and co-founder of Coinme. “We have solved the access problem with our cash-to-crypto network which is now larger than most of the largest ATM networks. Now we will continue to educate and educate consumers about the multi-pronged benefits of crypto, carrying on the work we started by launching Crypto Literacy Month last November.”

Coinme recently ranked #9 in the Inc. 5000 Regionals, the only company outside of California to be one of the 10 fastest growing companies in the Pacific region. The company made the 2022 list due to its two-year revenue growth of 1,543% between 2019 and 2021. Apart from revenue growth, the first remote company also expanded its team across departments, including engineering, marketing and product teams, increase its workforce by more than 70% March 2021.

Mass hiring across the United States and Canada supports the company’s momentum and commitment to continue growing its network to provide ubiquitous and immediate cash access to bitcoin in grocery stores, retail check cashing centers and pharmacies at scale national.

“Our partnerships with Coinstar and MoneyGram have allowed us to scale to more locations across the United States and reach more customers than ever before,” said Choi sang, SVP of Strategy and Business Development at Coinme. “In 2022, we will continue to expand our product offerings, which now include our integrated API-based crypto financial services, to make it even easier for our partners to provide our partners with simple, reliable, affordable and instant to crypto for their customers, whether through a physical location or in their mobile and web apps.”

Buy Bitcoin through Coinme without transaction fees at Bitcoin 2022
During the Bitcoin 2022 conference, attendees can visit the Coinme booth (#1312) to learn more about how Coinme makes cash access to bitcoin simple, instant, accessible, and reliable. A Coinme-enabled Coinstar kiosk is available at the stand, allowing people to purchase as little as a dollar of bitcoin and have it immediately available in their Coinme wallet. Additionally, exclusively for the conference, Coinme and Coinstar are waiving transaction fees for all Bitcoin 2022 attendees who purchase bitcoin from the Coinstar kiosk through Coinme.

Coinme $3,000 in the bitcoin contest
To celebrate Bitcoin 2022, every transaction made at the Coinme-enabled Coinme kiosk at the Coinme booth will earn entry to win $3,000 in bitcoins! To see the full rules or enter without purchase, visit http://www.coinme.com/btc-2022.

About Coinme, Inc.
Coinme® operates a leading licensed cryptocurrency cash exchange in the United States, founded in 2014 with a mission to be the world’s most trusted gateway to digital currencies and a better financial future. Through partnerships with Coinstar and MoneyGram, Coinme enables thousands of physical locations in 48 states to make it easy to buy and sell bitcoin for cash. The company offers an enterprise-grade API to “crypto-enable” legacy financial systems and a vertically integrated suite of consumer products that provide an easy, reliable and affordable way to buy, sell, store and manage currencies. digital. For more information, visit www.coinme.com.

Media Contact
Delia Mendoza
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SOURCE Coinme

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