Coinflip, one of the largest Bitcoin ATM providers with 5000+ ATMs in the United States, earlier today announced its partnership with Yesway to reach to 45 new locations.
Yesway is a fast growing convenience store provider in the United States and the partnership with Coinflip would help the Bitcoin ATM Provider reach across South Dakota, New Mexico, Iowa, Texas, and Wyoming.
The partnership marks another step in making cryptocurrency more accessible to the public.
Coinflip Expands Digital Currency ATMs with Yesway
Coinflip, which was founded in 2015, runs the biggest network of digital currency kiosks worldwide by volume of transactions. Coinflip provides more than 400,000 users with more than 5,000 kiosks positioned around nine countries, including the United States, Canada, and Brazil.
With the help of these ATMs, customers can purchase and trade cryptocurrencies with ease, making the process straightforward, safe, and practical. Coinflip’s primary goals are consumer convenience, safety, and dependability, which perfectly complements Yesway’s dedication to helping the community.
Yesway, one of the fastest-growing chains in the United States, has 435 convenience stores under the Yesway and Allsup’s brands. The Southwest and Midwest, which include places like Texas, New Mexico, and Iowa, are home to the majority of its retail locations.
Yesway, the 12th-biggest operator of convenience stores in the United States, is owned by Brookwood Financial Partners, LLC. Through this collaboration, Coinflip hopes to increase its market share and meet the growing demand for crypto in physical stores.
Josh Allen, Coinflip’s Global Kiosks VP, emphasized the importance of expanding into high-quality, accessible locations, stating that Yesway’s community-first values reflect Coinflip’s commitment to customer convenience.
“Yesway embodies this customer- and community-first ethos,” Allen remarked, highlighting the alignment between both companies’ missions. The introduction of these kiosks will provide a seamless way for customers to access digital currencies at their local convenience stores.
More Crypto Favourable Experience for Customers
Alan Adato, Senior Manager of Merchandising and Procurement at Yesway expressed his enthusiasm about the partnership. He noted that offering Coinflip’s cryptocurrency kiosks at Yesway and Allsup’s locations would allow customers to enjoy a streamlined experience when buying or selling digital currencies.
Coinflip’s explosive growth coincides with the global rise in the use of crypto ATMs, also known as digital currency kiosks. According to a recent Business Standard study, there is an increasing need for these kiosks, especially in Australia, which is one of the markets with the quickest rate of growth for cryptocurrency ATMs.
With around 32,000 cryptocurrency ATMs, the United States now leads the industry, followed by Canada with about 3,000 devices. The growing demand from customers for easy access to cryptocurrencies is reflected in Coinflip’s intention to expand into Yesway stores.
Another step towards incorporating digital currencies into daily life is Coinflip’s collaboration with Yesway, as cryptocurrencies continue to garner mainstream interest. Coinflip is enabling crypto transactions at well-known neighbourhood convenience stores, which helps close the gap between digital currencies and traditional retail.