Coinme expands beyond Bitcoin with cash onramps for 6 top altcoins

Coinme, a regulated crypto cash exchange that offers the easiest way to buy crypto with cash, has added support for Ethereum (ETH/USD), Chainlink (LINK/USD), Litecoin (LTC/USD), Dogecoin (DOGE/USD), Stellar (XLM/USD) and Polygon (MATIC/USD).

The cash onramps for the six altcoins means users can now buy the coins with cash at all Coinme-enabled Coinstar kiosks in the United States, the company announced on Wednesday. The company, founded in 2014 and one of the gateways to cryptocurrencies, has previously only offered access to Bitcoin (BTC/USD).

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“Different coins serve different purposes, and we’re excited to continue serving our customers with a menu of coins representing approximately 70% of the total crypto market cap,” said Neil Bergquist, CEO and co-founder of Coinme.

Coinme’s partnership with coin-counting platform Coinstar, which operates over 24,000 kiosks across North America, Europe and Japan, has added 10,000 new physical locations at which people can buy any of the supported digital assets.

Multi-currency support gives customers more options to choose from. One can send the purchased cryptocurrency to their Coinme wallet or to other wallets, Bergquist noted.