CoinFlip
CoinFlip operates the world's largest cryptocurrency ATM network by transaction volume, with over 5,500 kiosks across 48 U.S. states and 6+ countries. It serves individual crypto investors, retail host partners, and institutional clients through ATMs, OTC desk, self-custodial wallet, and payroll-based crypto investing services.
- Company typePrivate
- Founded2015
- HeadquartersSkokie, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What CoinFlip does
CoinFlip is a privately held cryptocurrency financial services company founded in 2015 in Chicago, Illinois, and operated under parent entity GPD Holdings LLC. The company operates the world's largest network of cryptocurrency ATMs by transaction volume, with over 5,500 kiosks deployed across 48 U.S. states, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Spain, and Mexico. Its core product suite spans physical ATMs for cash-to-crypto and crypto-to-cash transactions, an over-the-counter (CoinFlip Preferred) desk for high-value wire-transfer transactions served by dedicated client managers, a self-custodial mobile wallet (CoinFlip Crypto Wallet) for iOS and Android, and an online purchasing platform supporting credit/debit cards, PayPal, Apple Pay, Google Pay, and bank transfers.
The company's business model is predominantly transaction-fee based, with fees disclosed at the point of transaction and varying by amount, cryptocurrency type, and account status (registered account holders receive up to 20% discounts). Additional revenue streams include institutional liquidity services (CoinFlip Preferred Institutional) with same-day settlement, payroll-based crypto investing (CoinFlip Gradual) for employees, and revenue sharing with retail host partners such as gas stations and convenience stores. Regulatory credentials include FinCEN MSB registration, NMLS licensing, and a MiCAR license from Italy's CONSOB enabling EU-wide operations. Customer segments span individual crypto investors (500,000+ users), retail host partners, and institutional/wealth management clients. The company has received consecutive Deloitte Technology Fast 500 and Inc. 5000 recognition from 2021-2024 and maintains media presence in Forbes, Bloomberg, CNBC, Reuters, and TechCrunch.
CoinFlip firmographics
Firmographics- Name
- CoinFlip
- Legal name
- GPD Holdings LLC
- Website
- https://coinflip.tech
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- CoinFlip operates the world's largest cryptocurrency ATM network by transaction volume, with over 5,500 kiosks across 48 U.S. states and 6+ countries. It serves individual crypto investors, retail host partners, and institutional clients through ATMs, OTC desk, self-custodial wallet, and payroll-based crypto investing services.
- Ownership category
- akta.pro rank
CoinFlip industry classification
Industry- Product category
- Cryptocurrency ATM Network & Digital Asset Services
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE)
- akta.pro secondary industries
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Crypto-Enabled Cross-Border Transfers & On/Off-Ramps (FSAGAKAO)
Keywords
Where CoinFlip is headquartered
LocationHeadquarters
- HQ city
- Skokie
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
CoinFlip business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Supply Chain, Others
Revenue model
- Crypto ATM Transaction Fees: CoinFlip charges transaction fees on buy and sell transactions conducted at its ATMs. Fees are disclosed at point of transaction and vary based on transaction amount, cryptocurrency type, and whether the user has an account (account holders receive discounts up to 20%). The company promotes first-time customer discounts via promo codes.
- CoinFlip Preferred OTC Services: Over-the-counter service providing personalized crypto purchase, sale, and swap services via wire transfer with dedicated client manager support. Generates revenue through transaction fees and spreads on cryptocurrency transactions.
- CoinFlip Gradual Payroll Integration: Payroll deduction program enabling employees to automatically invest a portion of their paycheck into cryptocurrency. Revenue model based on transaction fees for crypto purchases processed through payroll deductions.
- Host Partnership Revenue Share: CoinFlip shares a portion of ATM transaction revenue with retail hosts who provide physical space for kiosk placement, creating a recurring revenue relationship with business partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard ATM Transaction |
| Transaction based/ take rate | Pay-as-you-go | First-Time Customer Discount |
| Transaction based/ take rate | Pay-as-you-go | CoinFlip Preferred OTC |
Go-to-market motion4 records
Distribution channels7 records
Marketing channels6 records
CoinFlip product offering
Product offeringCore offering
CoinFlip operates the world's largest network of cryptocurrency ATMs by transaction volume, with over 5,500 kiosks across 48 U.S. states and multiple countries, enabling cash-to-crypto and crypto-to-cash transactions. The company also offers CoinFlip Preferred, an over-the-counter (OTC) service for personalized high-volume transactions via wire/ACH, a self-custodial mobile wallet, online crypto purchases, institutional liquidity services, and a payroll-to-crypto program (CoinFlip Gradual).
Product overview
CoinFlip operates as a comprehensive digital currency platform offering a multi-channel product portfolio. The core offerings include: (1) CoinFlip ATMs - the world's largest network of cryptocurrency ATMs by transaction volume enabling cash-to-crypto transactions; (2) CoinFlip Preferred - an OTC service providing personalized support for larger transactions via wire/ACH transfers; (3) CoinFlip Crypto Wallet - a self-custodial mobile wallet for iOS/Android; and (4) Buy Crypto Online - an online purchasing option with various payment methods. Additional services include CoinFlip Gradual (payroll-to-crypto conversion for employees), CoinFlip Ventures (investment support for Web3 startups), CoinFlip Preferred Institutional (services for businesses/wealth managers), and a Partner Program. The platform also offers a crypto scam prevention program called 'Safe in Six' and supports 24/7 customer service.
Differentiator
Problem solved
Functional benefit
Brands
- CoinFlip Preferred: Personalized over-the-counter (OTC) service providing investors with custom, white-glove support for cryptocurrency transactions including wire transfers, ACH, and Interac transfers in Canada.
- CoinFlip Ventures
- CoinFlip Crypto Wallet
- CoinFlip Gradual
- CoinFlip Preferred Institutional
Products and services
- CoinFlip ATMs The world's largest cryptocurrency ATM network by transaction volume with 5,500+ kiosks across 48 U.S. states and multiple countries, enabling individuals and businesses to buy and sell Bitcoin and other cryptocurrencies with cash.
- CoinFlip Preferred (OTC) Personalized over-the-counter service providing white-glove support for cryptocurrency investors, including secure wire transfer, ACH, and Interac (Canada) transactions with same-business-day settlement and dedicated client managers holding Certified Digital Asset Advisor designations.
- CoinFlip Crypto Wallet Self-custodial mobile cryptocurrency wallet available for iOS and Android, enabling users to locate nearby ATMs, manage digital assets, and transact seamlessly. Supports Bitcoin, Ethereum, Solana, Dogecoin, and many other tokens.
- Buy Crypto Online Online cryptocurrency purchasing service accepting credit/debit cards, PayPal, Apple Pay, Google Pay, and bank transfers. Transactions processed by various onramp providers with quick processing and 24/7 support.
- CoinFlip Gradual Payroll conversion program that enables employees to automatically invest a portion of their paycheck into cryptocurrency using post-tax income. Offered as a modern employee benefit at no cost to employers.
- CoinFlip Preferred Institutional Digital asset liquidity service for businesses and wealth managers, offering deep liquidity, same-business-day settlement, and personalized guidance from certified digital asset managers.
- CoinFlip Partner Program B2B host partnership and referral program where retailers host CoinFlip ATMs to generate monthly revenue share while CoinFlip handles installation, maintenance, and customer service.
- CoinFlip Ventures Investment group offering coaching, funding, and networking support to early-stage crypto and Web3 projects.
Quantifiable outcome
- Over 500,000 people around the world trust CoinFlip for cryptocurrency transactions
- +3 more outcomes
Companies that use CoinFlip
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles5 records
CoinFlip technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability1 record
Feature3 records
CoinFlip partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- CONSOB (Italy)coreCoinFlip received a Markets in Crypto-Assets Regulation (MiCAR) license from Italy's CONSOB, enabling the company to provide regulated, compliant crypto-asset services across EU Member States under a unified regulatory framework.
- CrypDonationsminorCoinFlip partnered with CrypDonations to facilitate cryptocurrency donations for nonprofit organizations. The partnership enables donors to use CoinFlip's platform to make cryptocurrency donations to causes they care about, expanding the utility of CoinFlip's services for charitable giving.
Scale indicators10 records
Recent moves8 records
Expansion highlights7 records
CoinFlip competitors and assessment
Company assessmentDirect peers
- Athena Bitcoin: Athena Bitcoin operates a global network of cryptocurrency ATMs across the U.S., Latin America, and other regions, offering cash-to-crypto transactions and a complementary OTC desk. The geographic overlap and similar mix of ATMs plus OTC make it a direct peer to CoinFlip's multi-product offering.
- RockItCoin: RockItCoin operates a U.S. Bitcoin ATM network and related crypto services, including in retail host locations across many of the same states CoinFlip serves. It is a comparable scale operator competing for the same retail host partnerships and cash-paying crypto buyers.
- CoinHub: CoinHub operates a U.S. network of Bitcoin ATMs enabling cash-to-crypto and crypto-to-cash transactions at retail locations. It competes head-to-head with CoinFlip in many of the same U.S. host venues, with a comparable kiosk product and consumer target.
- Bitcoin Depot: Bitcoin Depot is one of the largest crypto ATM operators in North America, operating thousands of kiosks across the U.S. and Canada for cash-to-crypto transactions. It is the most direct competitor to CoinFlip in scale, geography, and product offering, and a public proxy for the crypto ATM category.
- Localcoin: Localcoin is a Canadian crypto ATM operator with a substantial kiosk footprint in Canada. It overlaps directly with CoinFlip's CoinFlip Canada Inc. subsidiary in the Canadian on/off-ramp market for cash-based crypto purchases.
Peers
- CoinFlip (self-reference avoided) → substitute: National Bitcoin ATM operators consolidated via DigitalMint:
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
CoinFlip social profiles
Digital presenceCoinFlip compliance and trust
Trust signalCompliance2 records
CoinFlip financial estimates
Financial estimateRevenue estimate
Valuation estimate
CoinFlip leadership team
Management profileNumber of profiles
Profiles8 records
CoinFlip subsidiaries and ownership
Company hierarchySubsidiaries3 records
CoinFlip funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CoinFlip M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CoinFlip
What does CoinFlip do?
CoinFlip operates the world's largest network of cryptocurrency ATMs by transaction volume, with over 5,500 kiosks across 48 U.S. states and multiple countries, enabling cash-to-crypto and crypto-to-cash transactions. The company also offers CoinFlip Preferred, an over-the-counter (OTC) service for personalized high-volume transactions via wire/ACH, a self-custodial mobile wallet, online crypto purchases, institutional liquidity services, and a payroll-to-crypto program (CoinFlip Gradual).
Is CoinFlip a public or private company?
CoinFlip is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CoinFlip founded?
CoinFlip was founded in 2015. It employs 101 to 250 people.
Where is CoinFlip based?
CoinFlip is headquartered in Skokie, United States, in the North America region.
How does CoinFlip make money?
Four revenue lines are on record. Crypto ATM Transaction Fees are the primary driver. The others are coinFlip Preferred OTC Services, coinFlip Gradual Payroll Integration and host Partnership Revenue Share.
Who are CoinFlip's main competitors?
Direct peers on record are Athena Bitcoin, RockItCoin, CoinHub, Bitcoin Depot and Localcoin. CoinFlip (self-reference avoided) → substitute: National Bitcoin ATM operators consolidated via DigitalMint is listed as a peer.
Does CoinFlip have an API?
No public API is recorded for CoinFlip.
What industry is CoinFlip in?
CoinFlip's product category is Cryptocurrency ATM Network & Digital Asset Services. Its primary akta.pro industry code is FSADAIAE, On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks, with a secondary code of BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms. Its SIC code is 6200.