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August 2021 Updates

Cover Image for August 2021 Updates

Welcome to CoinFlip's monthly company update newsletter. If you would like to receive this newsletter in your inbox, sign up here.

August 2021 Updates

Take a peek behind the CoinFlip curtain and get to know our warehouse team! Plus, new locations, this month's must-read blogs, and catch CoinFlip's CEO on Fox Business.

A Day in the Life at CoinFlip

Recently, CoinFlip won first place in Crain's Chicago Business annual Fast 50 list that ranks the fastest-growing companies in the area. This growth could not have been possible without such an excellent team supporting us!

Curious what a day in the life at Chicago's fastest-growing startup looks like? Take a look behind the scenes with CoinFlip's warehouse team. Our warehouse team makes all the CoinFlip ATM magic happen by building, processing and shipping all of our machines.

New Locations

New CoinFlip ATM Locations

CoinFlip installed 219 new Bitcoin ATMs across 30 states! This includes 29 new locations in California, 12 in Louisiana, 11 in Texas, and many more across the country.

As part of our ongoing Earth Day 2021 initiatives, we are committed to planting one tree per new ATM placement. We are excited to be planting 119 trees this month with the Canopy Project.

Curious if there is now a more convenient CoinFlip ATM location for you? Use our ATM Locator below to find out!

Find a CoinFlip ATM near you!


Check out this month's must-read blogs.

Why You Shouldn't Buy Crypto on PayPal or Robinhood - PayPal and Robinhood allow users to buy and sell cryptocurrencies, but they may not be the best option. Here are three reasons why you should stick with trusted crypto companies for all your crypto needs. 

Avoid These Hidden Costs When Buying Cryptocurrency From an Exchange - CoinFlip's J. Andrew Barr explains how spreads are often used in finance to charge hidden fees and cautions cryptocurrency users to be mindful of these spreads when using an exchange.

How Bitcoin Helped Further Nigeria's #EndSARS Movement - When the government shut down protesters' bank accounts, they were forced to turn to an alternative, censorship-resistant solution - Bitcoin. 

What Is Ben Up To?

CoinFlip CEO and Co-Founder Ben Weiss joined Fox Business's Liz Claman on The Claman Countdown to discuss global demand for Bitcoin and Bitcoin ATMs and CoinFlip's expansion plans.

Watch that conversation here.

CoinFlip in the News