Mind the Coin
Mind the Coin was a Portugal-based operator of Bitcoin ATMs that enabled individual consumers to purchase Bitcoin with cash at physical locations across the country. Founded in 2018, the company has permanently ceased operations.
- Company typePrivate
- Founded2018
- HeadquartersRua, Portugal
- Headcount1–10
- GTM typeB2C
- OfferingServices
Mind the Coin firmographics
Firmographics- Name
- Mind the Coin
- Website
- https://mindthecoin.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Closed
- Headcount range
- 1–10 employees
- Short description
- Mind the Coin was a Portugal-based operator of Bitcoin ATMs that enabled individual consumers to purchase Bitcoin with cash at physical locations across the country. Founded in 2018, the company has permanently ceased operations.
- Ownership category
- akta.pro rank
Mind the Coin industry classification
Industry- Product category
- Cryptocurrency ATM Services
- NAICS
- Vending Machine Operators (445132)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- POS, QR & In-Person Acceptance Infrastructure (Crypto) (FSADAIAI)
- akta.pro secondary industry
- On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE)
Keywords
Where Mind the Coin is headquartered
LocationHeadquarters
- HQ city
- Rua
- HQ country
- Portugal
- HQ region
- Europe
Markets served
Mind the Coin business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales
Distribution channels1 record
Mind the Coin product offering
Product offeringCore offering
Mind the Coin operated a network of physical Bitcoin ATMs across Portugal that allowed individual consumers to buy Bitcoin using cash. The company functioned as a BTM operator, providing a physical, cash-based channel for cryptocurrency acquisition. The company has permanently ceased all operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Bitcoin ATMs
Companies that use Mind the Coin
Customer profileSegments1 record
Ideal customer profiles1 record
Mind the Coin technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mind the Coin competitors and assessment
Company assessmentEmerging players
- General Bytes: General Bytes is a manufacturer and operator of Bitcoin ATM hardware and software, serving BTM operators globally. It is comparable as the infrastructure provider behind many cash-to-crypto ATM businesses including small operators like Mind the Coin.
- Lamassu: Lamassu manufactures open-source Bitcoin ATMs and related software used by independent BTM operators. It is comparable as an enabling player in the same physical cash-to-crypto infrastructure layer that Mind the Coin operated in.
Direct peers
- Athena Bitcoin: Athena Bitcoin operates a global network of Bitcoin ATMs across the Americas and Europe, offering cash-to-Bitcoin purchases. Its European footprint and BTM focus make it a directly comparable peer to Mind the Coin.
- CoinFlip: CoinFlip is one of the largest Bitcoin ATM operators globally, operating a network of BTMs that allow customers to buy Bitcoin and other cryptocurrencies with cash. It is directly comparable to Mind the Coin in product and on-ramp function, though at vastly larger scale.
- Bitcoin Depot: Bitcoin Depot operates the largest Bitcoin ATM network in North America, providing cash-to-Bitcoin transactions through physical kiosk locations. It mirrors Mind the Coin's core offering of physical BTM-based fiat-to-crypto conversion.
- RockItCoin: RockItCoin is a Bitcoin ATM operator with a kiosk network across multiple U.S. states, providing cash-to-crypto purchase services. It competes in the same niche as Mind the Coin — physical cash-to-Bitcoin conversion.
- Localcoin: Localcoin is a Canadian Bitcoin ATM operator offering cash-to-Bitcoin purchases through physical kiosks. Its regional focus and BTM-only product make it a close analogue to Mind the Coin's single-country, single-product model.
- Coinsource: Coinsource is a U.S.-based Bitcoin ATM operator providing cash-to-crypto on-ramp services through a kiosk network. It is directly comparable to Mind the Coin in product, customer, and operating model.
Regional players
- Bit2Me: Bit2Me is a Spanish-headquartered crypto exchange and on-ramp platform serving the Iberian market, including Portugal. It overlaps with Mind the Coin as a fiat-to-crypto access point for Southern European consumers.
- Criptan: Criptan is a Spanish crypto on-ramp platform enabling users to buy and sell digital assets, with presence in the Iberian market. It is comparable as a regional fiat-to-crypto access provider targeting the same Southern European customer base as Mind the Coin.
Market position
Customer concentration
Mind the Coin social profiles
Digital presenceMind the Coin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mind the Coin leadership team
Management profileNumber of profiles
Mind the Coin funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mind the Coin M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mind the Coin
What does Mind the Coin do?
Mind the Coin operated a network of physical Bitcoin ATMs across Portugal that allowed individual consumers to buy Bitcoin using cash. The company functioned as a BTM operator, providing a physical, cash-based channel for cryptocurrency acquisition. The company has permanently ceased all operations.
Is Mind the Coin a public or private company?
Mind the Coin is a private company. It is classified as unknown and is currently closed.
When was Mind the Coin founded?
Mind the Coin was founded in 2018. It employs 1 to 10 people.
Where is Mind the Coin based?
Mind the Coin is headquartered in Rua, Portugal, in the Europe region.
Who are Mind the Coin's main competitors?
Emerging players on record are General Bytes and Lamassu. Direct peers are Athena Bitcoin, CoinFlip, Bitcoin Depot, RockItCoin, Localcoin and Coinsource. Regional players are Bit2Me and Criptan.
Does Mind the Coin have an API?
No public API is recorded for Mind the Coin.
What industry is Mind the Coin in?
Mind the Coin's product category is Cryptocurrency ATM Services. Its primary akta.pro industry code is FSADAIAI, POS, QR & In-Person Acceptance Infrastructure (Crypto), with a secondary code of FSADAIAE, On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks. Its NAICS code is 445132 and its SIC code is 6199.