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Coinme is a leading blockchain financial technology company. It helps users to gain access to digital currency. Coinme became the first licensed Bitcoin ATM operator in the U.S. Coinme operates the largest bitcoin kiosk network in the world. The company was founded by Neil Bergquist and Michael Smyers.

About Coinme[edit]

Many companies like Microsoft, Reddit, and Etsy accept Bitcoin as a payment. The Coinme company developed the easiest way to get the crypto - with Bitcoin ATM. Before buying cryptocurrency, the user should proceed with the KYC. Customer security is a primary area of focus for Coinme. Verification of identity is required to prevent fraud, money laundering, or criminal activity from being involved with the Coinme service and keeps our customers safe. It also adds an extra layer of security by ensuring no one but the user can gain access to your account. All customers must submit their IDs through our verification process.

Coinme is a licensed money services business (MSB) that is regulated by the Washington Department of Financial Institutions and by the Financial Crime Enforcement Network (FinCEN).

Coinme has 70+ digital currency kiosks in 8 states in the USA, and the company is permanently adding new locations. To find the most convenient kiosk, visit [ this page]. There a user can type his/her ZIP code, state or address to find the nearest kiosk.

The kiosk accepts only cash. The minimal amount of a transaction is 1$, and the maximum amount is $2,500 per 24 hours.

Coinme’s digital currency wallet is just another way to make purchasing and selling bitcoin convenient. The wallet supports only Bitcoin and Uptoken.

Coinme ATM

Buying Bitcoin at Coinstar kiosks[edit]

Bitcoin purchases are available at participating retailers that have Coinstar kiosks enabled for the Coinme product. Bitcoin purchases are possible only with cash. Coins cannot be used for Bitcoin transactions. Users can choose convenient kiosk by using the finder above. There is a 4% fee to use this service. Typically, Bitcoin transactions take between 10-30 minutes to confirm and become available to use.

See Also on BitcoinWiki[edit]