Expands Venue for Exchanging Fiat Currency to Digital Currency at Over 50,000 Sites Nationwide: Coinme
Coinme Expands Physical Cash-to-Crypto Network Across the U.S.
Coinme, a leading cryptocurrency cash exchange, has significantly expanded its physical cash-to-crypto network in the U.S., now enabling users to fund their Coinme wallets via "Coinme Cash" at over 50,000 retail locations nationwide.
This expansion includes more than 10,000 new locations powered by the Green Dot network at major retailers as of July 2025, establishing Coinme as the largest physical cash-to-crypto network in the country.
Low-Cost Access and Network Expansion
The key growth and scaling initiatives include network expansion, low-cost access, and B2B2C crypto-as-a-service solutions. Coinme has added over 10,000 new retail points to reach 50,000+ total locations, increasing accessibility for users who prefer physical cash transactions.
Coinme Cash offers competitive fees, with a flat retailer service fee of $3.95 regardless of funding amount and transaction fees about 80% lower than leading Bitcoin ATM operators. This means users can acquire 35% more crypto per dollar.
B2B2C Crypto-as-a-Service
Coinme supports partners through its Coinme-as-a-Service platform, enabling broader crypto and stablecoin access through businesses, expanding beyond direct consumer access.
Transaction Volume
The company has processed over $1 billion in transactions through its network, highlighting significant adoption and usage of its services.
Driving Forces Behind Expansion
The expansion of Coinme's services is driven by growing interest in decentralized finance and concerns about banking access among Americans. Neil Bergquist, the CEO and co-founder of Coinme, aims to democratize crypto access by bridging the gap for users without bank accounts or traditional financial services, and to provide an affordable, easy entry point into digital assets through physical retail locations nationwide.
Using Coinme Cash
To complete a transaction with Coinme Cash, customers enter the desired purchase amount in the Coinme app, scan a barcode, and hand cash to the cashier. Funds from a Coinme Cash transaction are instantly available in the Coinme Wallet for payments, remittances, peer-to-peer exchanges, or sending on-chain.
As the broader crypto ATM industry grows rapidly, Coinme stands out due to its extensive retail partnerships and low-fee model, making it a leader in scaling physical cash-to-crypto access in the U.S.
[1] Source: Coinme Press Release, July 2025 [2] Source: MarketsandMarkets Report, 2022
The expansion of Coinme's physical cash-to-crypto network, driven by the growing interest in decentralized finance and banking access concerns among Americans, has made Coinme the largest network in the U.S., with over 50,000 retail locations available for users to fund their Coinme wallets. This industry-leading expansion is supported by the company's low-cost access and competitive fees, positioning Coinme as a prominent player at the intersection of finance, technology, and the cryptocurrency industry.
