Binance Coin Expands Around the World with a CoinFlip Crypto ATM Partnership, Available at 150 Locations
Binance Coin (BNB), the digital asset created by the Binance cryptocurrency exchange, will be expanding around the world. The US-based company CoinFlip, a Bitcoin ATM operator, will be working with Binance in order to offer the BNB coin on its ATM machines at over 150 ATMs.
BNB Accepted At 150 ATMs
Binance Coin has been growing during the last few months after a very aggressive expansion policy conducted by Changpeng Zhao, the CEO of Binance. FlipCoin will now allow users to purchase BNB coin on its ATM machines.
— CoinFlip Bitcoin ATM 🏧 (@CoinFlipATM) March 22, 2019
Users can just go to CoinFlip ATMs, deposit cash and buy BNB tokens in the ATM. After the user purchased the BNB tokens, the funds will be available on users’ devices.
On the matter, CoinFlip commented:
“We truly believe in the UseBNB vision and want to spread adoption. Like Binance being a leader in cryptocurrency exchanges, we hope to lead the way in cryptocurrency ATMs.”
They also said that they support withdrawals for Bitcoin (BTC) and Litecoin (LTC). Nonetheless, they want to implement the same feature for other digital assets as soon as it is reasonable for their business to do so.
Binance is one of the largest digital assets in the market. As reported by CoinMarketCap, Binance is the 7th most valuable virtual currency with a market capitalization of $2.14 billion. Each BNB coin can be purchased for $15.15.
Binance has led altcoins out of the bear market. In just a few months, the digital asset grew more than 150% and the bull trend could continue in the near future.