Coinme Brings DOGE, ETH, MATIC and More to Grocery Crypto Kiosks

“People are attracted to different coins for different reasons, whether that's a store of value or a medium of exchange,” said Coinme CEO Neil Bergquist.

AccessTimeIconAug 24, 2022 at 11:58 a.m. UTC
Updated May 11, 2023 at 4:17 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Bitcoin (BTC) kiosk company Coinme on Wednesday said it now sells ether (ETH), polygon (MATIC), chainlink (LINK), dogecoin (DOGE), litecoin (LTC) and stellar (XLM) from its 10,000 grocery store kiosks.

Coinme’s integration of the six additional cryptocurrencies is intended to offer users greater freedom to interact with different tokens beyond bitcoin, CEO Neil Bergquist said. Where some users may purchase ETH to buy a non-fungible token (NFT), they can also purchase XLM to send across borders, all at one supermarket kiosk.

  • Key Events You Shouldn't Miss at Consensus 2024
    02:13
    Key Events You Shouldn't Miss at Consensus 2024
  • What to Expect From Consensus 2024
    11:19
    What to Expect From Consensus 2024
  • Will Solana and Altcoins Dominate the Market Next?
    13:29
    Will Solana and Altcoins Dominate the Market Next?
  • What's Next for FIT21?
    07:15
    What's Next for FIT21?
  • “People are attracted to different coins for different reasons, whether that's a store of value or a medium of exchange,” Bergquist said. “Our position is to provide safe and secure access to digital currencies, and our customers can use them how they like to use them in a safe environment.”

    Coinme has been expanding its products across the country, adding Vermont, its 49th state, in April. Once it obtains its Bitlicense, which Bergquist says the company is in the process of acquiring, it can expand to the state of New York.

    CORRECTION (Aug. 24, 2022 14:45 UTC) – Coinme is now selling chainlink (LINK), not chain.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Cam Thompson

    Cam Thompson was a news reporter at CoinDesk.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.