CoinFlip, a global leader in digital currency platforms, has introduced its new CoinFlip Wallet in Australia and New Zealand, aimed at simplifying cryptocurrency transactions and making digital assets more accessible.
The CoinFlip Wallet is designed to enhance user experience by offering features such as locating nearby ATMs, pre-registering for higher transaction limits, and managing cryptocurrency—all in one app. Integrated with CoinFlip’s global network of over 5,000 ATMs, the Wallet ensures seamless transactions, with more than 2,000 investments processed monthly on average.
Commitment to Security and Compliance
CoinFlip prioritizes security and reliability for its 400,000+ customers worldwide. As a registered Digital Currency Exchange with AUSTRAC, the company adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring customer confidence from the very first transaction.
With Australians reportedly investing a median of $5,100 in cryptocurrency in 2023, the CoinFlip Wallet and ATMs provide secure and straightforward ways to buy, sell, and manage digital assets, making crypto more accessible to a wider audience.
Addressing Barriers to Crypto Adoption
“The launch of the CoinFlip Wallet in the ANZ market responds to the growing demand for secure, flexible self-custody solutions,” said Ben Brockliss, Vice President for Australia and New Zealand.
“CoinFlip is committed to removing barriers like limited understanding and technical knowledge that deter new users. Our extensive ATM network and Wallet service make cryptocurrency more approachable and secure.”
Key Features of the CoinFlip Wallet
- Self-Custodial Security: Users have full control over their digital assets, with built-in smartphone security features for safe access.
- Ease of Use: The Wallet app setup is simple—download, verify, and enable access. Backup options, including passwords and codes, are available to ensure security.
- Cost-Effective Transactions: CoinFlip ATMs charge 30% less in fees compared to competitors and are conveniently located in shopping centers and petrol stations.
CoinFlip also employs advanced blockchain analytics tools to prevent fraud and offers dedicated customer support to guide users through transactions while proactively identifying suspicious activity.
Expanding Global Presence
CoinFlip operates the world’s largest network of cryptocurrency kiosks by transaction volume, with presence across 49 U.S. states, Puerto Rico, Canada, Australia, New Zealand, and several other countries. The company also offers CoinFlip Preferred, a personalized over-the-counter service for tailored cryptocurrency transactions, and CoinFlip Ventures, supporting early-stage crypto and Web3 projects.
Download and Learn More
The CoinFlip Wallet is available for both iOS and Android devices on the App Store and Google Play.
For further details, visit CoinFlip.
About CoinFlip
Founded in 2015, CoinFlip is headquartered in Chicago and has been recognized as one of the fastest-growing companies in the U.S., earning spots on the Inc. 5000 and Deloitte Technology Fast 500 lists. With a mission to make cryptocurrency accessible, CoinFlip continues to innovate in the digital asset space.
