
Coinme Launches Uptoken to Create Global Crypto ATM Network
By Andy Watson September 21st, 2017
First licensed Bitcoin ATM company launches new partnership with the cryptocurrency community to “put a crypto ATM on every corner”.
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UpToken is a reward for our ATM customers. Coinme uses 1% of every ATM transaction to purchase UpToken, which is given to customers as a 1% “cash back” reward. The customer can use their UpToken to receive a 30% discount on ATM fees by paying with UpToken. However, the UpToken that is rewarded to ATM users through using the ATM is not available for withdrawal until that user has reached $10,000 in ATM volume.
First licensed Bitcoin ATM company launches new partnership with the cryptocurrency community to “put a crypto ATM on every corner”.