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Cryptocurrency ATM startup CoinFlip now permits clients to buy Stellar Lumens (XLM) from its community of machines, in line with co-founder and CEO Daniel Polotsky.
The itemizing will increase XLM’s availability in brick-and-mortar shops, Polotsky stated. CoinFlip operates about 450 ATMs in gasoline stations and comfort shops throughout america, permitting clients to purchase a wide range of cryptocurrencies with bank cards.
It additionally runs 40 two-way ATM places the place customers can promote their crypto for laborious money USD.
CoinFlip ATMs already provide clients entry to bitcoin (BTC), litecoin (LTC), ether (ETH), sprint (DASH), komodo (KMD), chainlink (LINK) and tron (TRX). Polotsky stated XLM’s excessive every day liquidity and market prominence – plus his clients’ requests – prompted him to listing the token.
CoinFlip plans to proceed including cash because it quickly expands its personal ATM community, which already has clearance to run in over 40 states, in line with Polotsky.
“We’re attempting to push out 20 [ATMs] per week,” he stated.
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The chief in blockchain information, CoinDesk is a media outlet that strives for the very best journalistic requirements and abides by a strict set of editorial insurance policies. CoinDesk is an unbiased working subsidiary of Digital Forex Group, which invests in cryptocurrencies and blockchain startups.
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