Innovation

CoinFlip pre-reg process simplifies transactions

Photo: Adobe Stock

April 19, 2024

CoinFlip, a global digital currency platform company, has launched a pre-registration process that allows customers to obtain pre-approval online before visiting its bitcoin ATMs in person.

The registration process streamlines transactions and enables consumers to register in advance when planning to transact more than $960 per day, ensuring compliance with regulatory standards and providing an added layer of security to CoinFlip's compliance protocols, according to a press release.

"At CoinFlip, we are committed to delivering innovative solutions that prioritize both convenience and compliance. Our new pre-registration process achieves both and provides our customers a secure, efficient and seamless experience at our kiosks," Ben Weiss, CEO and co-founder of CoinFlip, said in the release. "Pre-registration means our customers save valuable time and we maintain the highest standards of safety and security for all our customers' transactions."

Pre-registration enables users to sign up in as little as two minutes from a phone or desktop.