March 8, 2023
Coinme, a cryptocurrency cash exchange that offers its services at Coinstar kiosks, has added over 22,000 participating ATMs to its cash network via its API-driven Coinme-as-a-Service offering, according to a press release.
These partner ATMs allow for the instant sale of crypto via the Coinme app for physical cash pick up at participating locations across name-brand retailers, including grocery, pharmacy and convenience stores in the U.S.
Cryptocurrencies supported for cash out include bitcoin, Chainlink, Dogecoin, Ethereum, Litecoin, Lumens, Polygon and USD Coin.
To sell crypto for cash via Coinme and pick it up at a participating ATM location, download the Coinme app on iOS or Android and create an account.
Next, choose the amount of crypto you want to sell in $20 increments (up to $400 per transaction and $2,000 per day, with limits varying by location). A cash code will be issued when the sale transaction is completed in the Coinme app. Then visit the nearest participating ATM found using the locator in the Coinme app and enter your phone number and cash code at the ATM to collect your cash.
Fees for crypto sales include a flat fee of $2.50 plus an exchange fee if applicable. The transaction is staged in the Coinme mobile app or website and is then finalized via a cardless transaction at any participating ATM.