CoinFlip, a leading Bitcoin ATM operator, has revolutionized the way users interact with its machines by introducing a new online pre-registration system. This innovative approach aims to enhance both security and convenience for customers, allowing them to obtain pre-approval before physically accessing the ATMs.
With this new system, users can complete pre-registrations in under two minutes using their mobile devices or desktops, significantly reducing wait times at the ATMs. Additionally, the process enables withdrawals over $960, ensuring compliance with regulatory standards and enhancing security through CoinFlip’s KYC protocols.
CEO and Co-Founder of CoinFlip, Ben Weiss, highlighted the benefits of the new system, emphasizing the company’s commitment to providing a secure and efficient experience for its customers. The pre-registration process also increases the transaction limit to $2,995 per day, subject to local state regulations.
To pre-register, customers simply need to visit CoinFlip’s Online ATM Registration portal, enter their phone number, select their preferred currency, and undergo a verification process for identification. This initiative aligns with CoinFlip’s goal of maintaining the highest safety and security standards in response to the growing concerns surrounding digital currency transactions.
By enabling pre-approval, CoinFlip not only streamlines the transaction process but also strengthens its defenses against fraudulent activities. This new system represents a significant step forward in the company’s efforts to ensure compliance and security for its users.
