Announced on March 22, 2019, the leading Bitcoin ATM operator, CoinFlip is supporting Binance’s native token, BNB. Users can now buy BNB at over 150 ATMs of CoinFlip, reports said.
US-based CoinFlip Bitcoin ATM Operator reportedly collaborated with Binance cryptocurrency exchange. Beside Bitcoin, Ethereum, Litecoin, Dash, TRON, and Komodo, CoinFlip is enabling crypto enthusiasts to purchase BNB at ATMs. In its latest tweet, CoinFlip stated that;
— CoinFlip Bitcoin ATM 🚀🏧🚀 (@CoinFlipATM) March 22, 2019
Per the announcement, users can visit CoinFlip ATMs, deposit the cash and buy BNB tokens directly from ATM – once you purchase BNB, the updated balance will also be shown in your device. As Coingape confirmed the report via Twitter, CoinFlip says that they aim to be a leader in cryptocurrency ATM similar to Binance as a market leader.
Following the announcement, Binance CEO shared a video to explain the process of purchasing BNB at CoinFlip ATM
— CZ Binance (@cz_binance) March 22, 2019
At present, CoinFlip supports the purchase of BNB after depositing the cash and not withdrawals. CoinFlip ATMs are a quite great source for traders – aside BNB, CoinFlip is supporting other cryptocurrencies including Bitcoin, Ethereum, Litecoin, Tron, Komodo, and Dash. However, the firm supports withdrawals only for Bitcoin and Litecoin. As reported to Coingape on Twitter;
We currently only have that function for Bitcoin and Litecoin, but we are looking to implement that as soon as it’s reasonable for us as a business to do so.
According to the data from Coinmarketcap, Binance Coin (BNB) sits on 7th spot with a decline of 3.70 percent over the past 24 hours. Moreover, the average volume of BNB cryptocurrency counts at $2,076,490,017.
So readers, what do you think of buying BNB at CoinFlip ATM? Share your opinion with us.
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com