back Back

CoinZoom launches CoinZoom Cash, enabling customers to purchase bitcoin

By Edlyn Cardoza

March 23, 2022

  • Bitcoin
  • Bitcoin ATMs
  • CoinZoom
Share

CoinZoom, USA, FinTech, CoinZoom Cash, Bitcoin, Bitcoin ATMs, Walgreens, SheetzCoinZoom, a U.S. based cryptocurrency exchange and leading FinTech company, recently announced the launch of CoinZoom Cash, enabling customers to purchase Bitcoin and 40 other top cryptocurrencies with cash at a fraction of the cost of high priced, limited functionality, Bitcoin ATMs.

Through the newly launched platform, customers can load cash into their CoinZoom account at the register of over 80,000 participating locations, then buy Bitcoin or 40 other coins in under 10 seconds. Customers go to the cashier, give them up to $500 – $999 (depending on the retailer) in cash, the cashier then scans the barcode on the app, and the customer’s money is instantly deposited without expensive network fees or a 10 – 50-minute delay that is typical with a Bitcoin ATM. Coinzoom Cash is now available at brick-and-motor retailers across the U.S., including Walgreens, Duane Read, Speedway, Sheetz, Kum & Go, Travel Centers of America, Flying J, Pilot Travel Centers, Kwik Trip and Rutters. Additional stores will be added soon.

“We’re the only U.S. exchange offering cash deposits to our customers,” said CoinZoom CEO Todd Crosland. “Bitcoin ATMs charge astronomical fees and can take up to an hour to move your funds. We’re offering a quick, seamless experience with significantly lower fees.”

Eventually, the Company’s users will also be able to utilise CoinZoom Cash to withdraw cash from their account using the same straightforward process at one of the participating retailers. This feature is coming soon.

“CoinZoom Cash is just another way we’re making it simple for users to fully embrace crypto. There’s no platform that makes it easier to invest, earn interest or spend your crypto,” added Crosland.

Previous Article

March 23, 2022

TVP launches a bitcoin-native institutional investment fund series

Read More
Next Article

March 23, 2022

ICICI Bank and CSK launch co-branded credit card

Read More








IBSi Daily News Analysis

Generative AI

April 12, 2024

Bitcoin

Security experts sound the alarm on Deepfake threats in the age of AI

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 03, 2024

Bybit Card integrates with Google Pay for user convenience in Europe

Read More

April 02, 2024

WSPN and MathWallet launch StableWallet, an AA wallet for Web3

Read More

April 01, 2024

Alchemy Pay invests in UK’s LaPay for global Web3 Expansion

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023