CoinFlipa major Bitcoin ATM provider, has launched a self-guarding crypto-based platform called Olive.
Olive aims to “provide a frictionless way for consumers to buy, sell, send, receive and exchange assets securely stored in a self-custodial wallet,” according to a press release sent to Bitcoin Magazine. The company seeks to welcome consumers new to bitcoin by serving as a platform for those it educates through its functionality as an investment platform for beginners.
Leveraging CoinFlip’s existing network of crypto ATMs and customer service, Olive is “bridging the gap between physical and digital investing, expanding access to this emerging technology,” the press release reads. Coinflip currently operates one of the largest Bitcoin ATM networks in the world. Seemingly based on that, the company says it plans to offer an easy-to-use interface for secure transactions, as well as 24/7 live customer service, as well as educational resources via user-friendly content features.
“We envision a future where everyone can participate in the digital economy and leverage their holdings to make everyday purchases and access previously hard-to-buy assets such as precious metals, real estate and energy, without having to thwart a third party,” said Rory Hermann, Head of Technology and Digital and Chief Strategy Officer at CoinFlip. “The Brokers.” “Our vision for Olive is to innovate and break down the barriers of safety, security, and sovereignty to enable people to invest and give them sole ownership of their assets thanks to the access that cryptocurrency provides.”
Olive is available to residents of the United States and Puerto Rico, excluding Alaska, Iowa, New York, Oregon, Nevada, Arkansas, Louisiana, and Vermont with the intent to expand subject to local regulations.
