Maria Fernandez
Crypto Investor
Coin Depository a firm that basically provides two main services. The first and major service we provide is that we make it very easy for people across other countries especially in Europe, to have access to purchase crypto through more than a hundred crypto ATM machines that we have set up to make their crypto space experience smooth and effortless. Through this medium anyone can purchase crypto in minutes with cash or debit card. Coin Depository was founded by a group of early investors who ventured into bitcoin mining from the inceptions of bitcoins. Our bitcoin mining rigs were located in Beijing, China but because of the recent ban of Crypto in China we are gradually moving our operations to Turkey which is why we have setup a team in Istanbul to facilitate the ongoing mining rig setup project there.
Coins depository is owned by a group of private crypto currency miners who has invested millions of dollars into mining in the early days of crypto currencies and as a result of their success and largest quantities of bitcoins mined over the years they decided to set up a crypto currency exchange in a unique way that provides local payment options which makes it easy for customers around the world to buy bitcoins directly from us online in a few minutes.
Secondly we also provide a minute crypto lending service, where people who lend us their bitcoins depending on the size of their portfolio in turn earns a specific ROI (return of investment) over the duration of their contract with us. We have various levels of this program and also their incentive that comes with each lending package.
Our major source of profit over the years has been through our crypto ATM Machines and trading/mining service. But since our operations got crippled in Beijing, the ratio of demand became vastly exceeding supply and since we have not been able to fully start our mining operations in Istanbul. The board had to find a way to keep the company afloat so they developed a medium to make sure they never run out of coins by creating jobs for ordinary people.
Coin Depository offers several distinct advantages. Firstly, our extensive network of ATM machines provides convenient access to cryptocurrency purchases across Europe and beyond. Secondly, our exchange platform offers local payment options, making it easier for customers worldwide to buy bitcoins directly from us. Additionally, our crypto lending service provides an opportunity for individuals to earn attractive returns on their bitcoin holdings. Combined, these factors make Coin Depository a reliable and user-friendly choice for all your cryptocurrency needs.
Security is paramount at Coin Depository. We employ industry-leading security measures to safeguard our customers' assets, whether they're stored in our ATM machines, exchanged on our platform, or lent through our lending service. Our rigorous security protocols and ongoing monitoring ensure that our customers can transact with confidence and peace of mind.
Despite the challenges posed by the recent ban on crypto in China and our ongoing transition to Turkey, Coin Depository remains committed to ensuring the company's sustainability. To address the imbalance between demand and supply caused by these operational changes, we've developed innovative solutions, including job creation initiatives, to ensure a steady supply of coins and maintain our operations.
Our crypto lending service offers individuals the opportunity to lend us their bitcoins in exchange for a specific Return on Investment (ROI). Depending on the size of their portfolio and the selected lending package, lenders can earn attractive returns over the duration of their contract with us. We offer various levels of participation in this program, each accompanied by its own set of incentives.
What distinguishes our exchange is our commitment to providing local payment options. This allows customers worldwide to buy bitcoins directly from us online with ease. By offering a seamless and efficient purchasing process, we ensure that our customers have a hassle-free experience when acquiring cryptocurrencies.
Purchasing cryptocurrency through our ATM machines is incredibly simple. Just visit any of our hundred-plus locations, insert cash or use your debit card, and follow the on-screen instructions to complete your transaction. Within minutes, you'll have your desired cryptocurrency securely stored in your wallet.
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