#44 of 115 in the US ranking · Kiosk / cash
CoinFlip Review (October 2026): Fees, US States and Licenses
Best for: Cash purchases at kiosks
5.7/10
By Vahe Hakobyan Verified Medium confidence No affiliate links
- Taker fee— Not verified
- US states— Not verified
- New York— Not verified
- Coins— Not verified
- CustodyNon-custodial
- App Store4.6 ★ · 923
Our verdict
CoinFlip, operated by GPD Holdings LLC, runs more than 5,500 crypto ATMs across 48 US states and six countries. It is a FinCEN-registered money services business (NMLS 1975146). Kiosks accept cash from $20 and sell bitcoin, ether, litecoin, solana and XRP to the buyer's own wallet. Fee percentages are not published online, and transactions are generally non-refundable.
Pros
- 5,500+ ATMs with locations in 48 states
- FinCEN-registered MSB with NMLS ID 1975146
- 24/7 live customer support by phone
Cons
- Fee percentage not published online
- Transactions are final and non-refundable in most cases
- Crypto ATM fees industry-wide run 6.5% to 20%
CoinFlip fees
- Maker / taker
- — Not verified
- Simple buy
- Fee percentage not published on pages opened; shown at the kiosk. US crypto ATMs generally charge 6.5% to 20% per Wikipedia (industry figure).
- ACH deposit
- — Not verified
- Wire deposit
- — Not verified
- Card purchase
- — Not verified
- USD withdrawal
- — Not verified
- Crypto withdrawal
- — Not verified
- Other fees
- Promo code for 10% off transaction fees for new customers through 12/31/2026
- Minimum deposit
- $20
Is CoinFlip available in my state?
As of Oct 2026 CoinFlip lists 5,500+ ATMs worldwide with locations in 48 US states.
The list of states this platform serves is not verified yet.
Site says ATMs are in 48 states; the two states without ATMs were not identified
- New York
- — Not verified
- ID check (KYC)
- Yes
- Withdraw crypto
- Yes
- Funding
- Cash, Debit card, Bank transfer
Is CoinFlip regulated?
- FinCEN MSB
- NMLS 1975146
- US operator
- GPD Holdings LLC
- Parent company
- — Not verified
- State licenses
- State money transmitter licenses listed on the licenses page; exact count not verified
- New York license
- — Not verified
- Other
- FinCEN MSB #31000291840717. GPD Holdings not found on the NYDFS regulated-entity list.
- Founded
- — Not verified
- Headquarters
- Chicago, IL, USA (not confirmed on an official page)
How secure is CoinFlip?
- Proof of reserves
- — Not verified
- Audits
- — Not verified
- Insurance
- — Not verified
Incidents since 2019
None found in the sources checked.
Crypto held on a platform is not covered by FDIC or SIPC insurance.
What you can do on CoinFlip
- Spot
- Self-custody wallet
- OTC desk
Cash kiosks ($20 minimum on first transactions), online debit card purchases, CoinFlip Preferred OTC service by bank transfer, and a CoinFlip wallet app. Transactions are final and non-refundable, with limited state-mandated exceptions for new customers.
- Apps
- Web, iOS, Android
- Support
- 24/7 live support, Phone, Email
CoinFlip FAQ
What are CoinFlip's fees?
Simple buy: Fee percentage not published on pages opened; shown at the kiosk. US crypto ATMs generally charge 6.5% to 20% per Wikipedia (industry figure).
Is CoinFlip regulated in the US?
US customers are served by GPD Holdings LLC. Registrations and licenses on record: FinCEN MSB, NMLS 1975146.
Can I withdraw crypto from CoinFlip to my own wallet?
Yes. CoinFlip lets US users send crypto to an external wallet.
Does CoinFlip require ID verification?
Yes. CoinFlip verifies your identity before you can trade.
Alternatives to CoinFlip
Coinme#21 · Cash-to-crypto at retailers6.4
Athena Bitcoin#110 · Cash-to-bitcoin kiosks4.0
Coinbase#1 · All-in-one US platform8.0
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.