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
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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.

“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.


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Cam Thompson

Cam Thompson was a news reporter at CoinDesk.

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