Expansion to Canada
CoinFlip is thrilled to announce that clients in British Columbia and Ontario will soon be able to convert cash into Bitcoin (BTC) and Litecoin (LTC), with the addition of additional cryptocurrencies coming soon to ATM installations in these areas. CoinFlip is thrilled to make this announcement.
In April 2022, the Bank of Canada issued a staff discussion paper on crypto’s progressively increasing reputation among Canadians. The study provided statistics on the subject. A series of polls carried out by the Bank of Canada since 2018 revealed that over ninety percent of Canadians were familiar with the concept of cryptocurrencies, but just five percent actually possessed any.
In addition, the research polled Canadian Bitcoin owners on the key motivation behind their ownership of the cryptocurrency: “In 2019, the most popular motivation for having Bitcoin was investment (39 percent of owners), followed by technology (31 percent of owners), payments (15 percent of owners), and anonymity/trust (15 percent of owners).”
Trade Desk Expansion
The leading supplier of crypto financial services, CoinFlip, announced that it would be expanding its Trade Desk, which is an over-the-counter crypto trading desk, to the state of Nevada. The growth trajectory of the firm reaches a new benchmark with the completion of this expansion. CoinFlip now serves consumers in all 49 states in the United States, meaning that more people have access to CoinFlip’s cryptocurrency experts for assistance while acquiring cryptocurrency.
Trade Desk provides investors with personal account managers who are accessible to lead clients through the process step by step and help with any issues. This is part of the company’s effort to provide guidance to investors entering the cryptocurrency industry. Trade Desk is able to buy with low minimums and large caps, and customers have the option of using wire transfers or ACH transfers.
CoinFlip had a 5 year increase rate of 1.7 million percent and sales of about $100 million in 2021, making it the most successful and fastest-growing company in Chicago, according to Crain’s Chicago Business, which ranked it as the Number 1 fastest-growing firm in the city. Additionally, the firm came in at number 60 on the list of Inc. 5000’s most successful private companies, making it the highest-ranking cryptocurrency company overall. Since its establishment, the firm has grown to include over 3,500 automated teller machines (ATMs) in 49 states, taking its place at the forefront of a financial revolution where Bitcoin and blockchain technology may enable investors all across the country to become more powerful.
Kris Dayrit, a co-founder of CoinFlip, said: “I’m thrilled to see CoinFlip expand into Canada and help make crypto transactions easier for everyone. Canada is a tremendous market for growth and we look forward to working with retailers and businesses in the country to help them adopt cryptocurrency as a part of their business and customer acquisition strategy. I’m excited for our first ATMs in Toronto and to continue to grow throughout the country and around the globe.”
Ben Weiss, co-founder and CEO of CoinFlip, informed: “Bringing our services to nearly every state in the United States is integral for us as we continue to build a comprehensive platform for the digital economy. It is important to our brand to now be able to serve the citizens and tourists of Nevada. We will continue to expand our resources so we can best serve our communities at a grassroots level, a primary objective as we look ahead both within state lines and all over the world.”
When Trade Desk was first established in the year 2020, it was a modest but ambitious organization with the goal of providing a unified digital environment for all aspects of cryptocurrency trades. When Trade Desk was first established in the year 2020, it was a modest but ambitious organization with the goal of providing a unified digital environment for all aspects of cryptocurrency trades. Daniel Polotsky, the company’s founder and chairman, stated that the company’s goal was to guarantee that each and every client had a positive experience no matter if they were buying, selling, or trading.
“Now, thanks to the extension of our services to almost all 50 states, we are fulfilling that promise to a greater number of Americans than we have ever been able to before,” added Daniel Polotsky.
Company is a market leader in the provision of financial services that are enabled by cryptocurrencies and does not impose any additional or hidden costs, reduces the standard transaction fees by as much as half, and offers help to customers around the clock.
Daniel Polotsky, Benjamin Weiss, Kristoffer Dayrit, and Alan Gurevich are credited with being the original founders of CoinFlip in 2015. CoinFlip, which has its headquarters in Chicago, achieved a position of sixty-first on the Inc. 5000 list in 2021 as the highest-ranked cryptocurrency company. Additionally, Crain’s ranked CoinFlip as the number one fastest-growing company in Chicago in 2021, and the company received the 2021 Silver Stevie ® Award for Customer Service.