Coin Cloud, a company in the cryptocurrency ATM sector, announced on Thursday (15) the launch of its new digital asset non-custodial mobile wallet. The wallet, with free download, will have resources for buying, selling and storing digital currencies. As the company reported, its mobile wallet is integrated with its 6,000 digital currency ATMs in the US and Brazil. Additionally, the wallet offers a complete transaction history and features to send or exchange coins and start a cash sale process to complete at a Coin Cloud cashier. According to Chris McAlary, founder of Coin Cloud, the wallet ensures clients’ security at the highest levels: “Designed and developed as non-custodial, the power is in our clients’ hands to manage and store their assets in any way they choose. After all, without your keys, without your coins.”
Coin Cloud crypto wallet
According to the announcement, the crypto wallet provides users with private keys and a 12-word recovery phrase. So, if kept safe, these keys ensure that the user will never lose access to their wallet and assets. “Providing a premium user experience is what our mobile wallet is all about,” said Beza Worku, Senior Director of Product at Coin Cloud. “In addition to being easy to use and feature-rich for our customers, our new and improved mobile wallet is seamlessly integrated with our nearly 6,000 DCM installations in the US and Brazil.” In addition to Bitcoin, Coin Cloud ATMs offer over 40 other cryptocurrency options. This includes, for example, Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE), Shiba Inu Coin (SHIB), Ethereum (ETH), stablecoins and DeFi tokens. Furthermore, new cryptoassets have been added recently. They are: Cardano (ADA), Nano (NANO), SushiSwap (SUSHI), Algorand (ALGO), Polygon (MATIC), OMG Network (OMG) and ApeCoin (APE). The locations of all Coin Cloud ATMs can be found at www.Coin.Cloud/dcms.
Coin Cloud on Crypto Map
In addition to launching the wallet, the company also closed a partnership with Mapa Cripto, a Brazilian company that launched “Google Maps” for businesses that operate with crypto-assets in Brazil and Portugal. From now on, the map will identify the entire network of digital currency ATMs in operation in the national territory. Founded in 2014 in the US, Coin Cloud is the only company to operate machines for buying and selling cryptocurrencies via cash in Brazil. The Brazilian operation started in November 2020 and, today, has 25 ATMs. Most ATMs are in establishments of the BR Malls and Carrefour supermarket chains. In Brazil, Coin Cloud has ATMs installed in eight states: São Paulo, Rio de Janeiro, Santa Catarina, Goiás, Mato Grosso do Sul, Minas Gerais, Paraná and Pernambuco, in addition to the Federal District. “This is a very important partnership because it provides users of Mapa Cripto with an innovative and unique service in Brazil”, says Guilherme Prado, director of new business at Mapa Cripto. According to Coin Cloud, the partnership with Mapa Cripto seeks to expand investor access to ATMs. “We have opened a door for people who want to enter the world of digital currencies,” says Isabela Rossa, the company’s country manager in Brazil. “Our company also seeks to serve an important portion of the Brazilian population that operates ‘cash money’ and that is entering the crypto world.” Read also: DeFi Tokens jump 2 digits in 24 hours, surpassing Bitcoin and Ether Read also: Voyager is accused of false marketing to attract customers Read also: Circle discloses reserves and proves USDC backing
