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HomeCrypto NewsMarketChicago-based Firm with Over 4,500 ATMs Adds Support for XRP

Chicago-based Firm with Over 4,500 ATMs Adds Support for XRP


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CoinFlip lists XRP on its Order Desk, empowering investors with personalized support and leveraging recent XRP ruling and market surge.

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Leading crypto-based fintech business CoinFlip recently made an exciting announcement, adding XRP to its roster of available assets on the firm’s Order Desk.

According to the press statement, users can tap into CoinFlip’s Order Desk to avail themselves of personalized crypto support and determine if XRP aligns with their investment portfolios.

For context, the Order Desk offers CoinFlip’s customers complimentary access to personal client managers ready to guide them through the XRP purchasing process, providing support and addressing any queries they may have.

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XRP Ruling Prompted the Move

The statement highlighted that the decision to support XRP comes following the recent court ruling confirming that XRP is not a security but a digital asset. The firm seeks to benefit from the surging prices and doubling trading volumes in the crypto market as catalyzed by XRP. 

Ben Weiss, the CEO of CoinFlip, stated that the court ruling bestowed a crucial uplift on the crypto sector, reestablishing faith and heralding a favorable progression toward regulatory transparency.

Weiss expressed excitement about empowering crypto enthusiasts with a tool to own XRP and navigate the digital economy, making crypto accessible to all.

CoinFlip’s Large Crypto ATM Network

Notably, the report further highlighted CoinFlip’s impressive growth over the past year. It reportedly saw an astounding revenue surge surpassing $130 million. Expanding its presence to new horizons, CoinFlip extended its ATM business to encompass countries in North America and Australia.

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The Chicago-based firm claims to operate the most extensive crypto ATM network, boasting over 4,500 stalls across Australia, the United States, and Canada. These ATMs facilitate the exchange of significant cryptocurrencies using cash.

Three years ago, CoinFlip established its over-the-counter platform offering crypto investors personalized managers. Moreover, the firm launched Olliv this year, a self-custodial crypto platform.

The self-custody solution is available in the United States with plans to expand internationally, contingent on compliance with local regulations.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a blockchain writer with a specific interest in journalistic writing. He covers breaking events in the crypto community and blockchain industry. Over the past year, he has published over 1,500 short-form and long-form content for Web3 publishing firms.

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