{"id":115172,"date":"2021-03-02T19:56:59","date_gmt":"2021-03-02T19:56:59","guid":{"rendered":"https:\/\/precoinnews.com\/?p=115172"},"modified":"2021-03-02T19:56:59","modified_gmt":"2021-03-02T19:56:59","slug":"coinflip-lists-dogecoin-users-can-buy-doge-using-cash-in-over-1800-atms","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/coinflip-lists-dogecoin-users-can-buy-doge-using-cash-in-over-1800-atms\/","title":{"rendered":"CoinFlip Lists Dogecoin; Users Can Buy DOGE Using Cash in Over 1,800 ATMs"},"content":{"rendered":"
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CoinFlip is now listing Dogecoin (DOGE), allowing retailers to purchase the coin using cash in any of their 1,800 ATMs spread across the United States, as per a tweet on Mar 2.<\/strong><\/p>\n CoinFlip has one of the largest networks of crypto ATMs in the United States.<\/p>\n One version has the “buy only” functionality, while the other supports the buying and selling of supported cryptocurrencies.<\/p>\n DOGE now joins other mainstream digital assets like Bitcoin, Litecoin, and Ethereum backed by the ATM provider.<\/p>\n A company representative told CoinDesk<\/em> that Doge is “a symbol of the small league investors” and is more than just a meme coin:<\/p>\n “CoinFlip has always been about the small business and retail customers, and with recent events, Dogecoin has paradigm’ shifted itself into more than just a meme coin, it has become a symbol of the small league investors.”<\/strong><\/p>\n<\/blockquote>\n It is a step in the right direction, especially in driving DOGE towards mainstream adoption. Following the announcement, DOGE fans can now buy the digital asset using cash.<\/p>\n According to CoinFlip, registration is fast–takes less than five minutes. Most importantly, users need not have a bank account to access its services.<\/p>\n Users who wish to buy and sell supported cryptocurrencies from their banks are free to proceed since wire transfers are settled on the same day.<\/p>\n They have also partnered with Simplex, enabling the buying and selling of cryptocurrencies using debit and credit cards.<\/p>\n Dogecoin is among the first cryptocurrency projects, launching in 2018 as a joke digital asset.<\/p>\n However, it has since grown to commandeer a multi-billion market capitalization with support from celebrities including Elon Musk and Snoop Dogg.<\/p>\n Frequent tweets from Elon Musk at the thick of a secular crypto bull market have seen the coin outperform established projects like IOTA and Tron.<\/p>\n As of writing on Mar 2, DOGE has a market capitalization of $6.5 billion, rallying 21X year-to-date, perched at 10th in the crypto leader-board.<\/p>\n Nonetheless, there are centralization concerns around Dogecoin despite its popularity. According to a BTCManager <\/em>report, Elon Musk is willing to fix it by paying cash to DOGE whales who liquidate their holdings.<\/p>\nCoinFlip Supports Dogecoin; DOGE is a Symbol of Small League Investors<\/strong><\/h2>\n
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DOGE is Amongst the Older Crypto Projects<\/strong><\/h2>\n