Express
Walmart Installs 200 Coinstar Bitcoin ATMs In stores Across The U.S.
Summary: Walmart Communications Director Molly Blakeman confirmed to CoinDesk that the retail giant has cooperated with crypto ATM company Coinme on a pilot project, installing 200 Coinstar Bitcoin ATMs in stores across the United States, allowing users to buy Bitcoin by cash. One CoinDesk editor purchased a small amount of BTC at Walmart in Pennsylvania, again verifying the ...
Walmart Communications Director Molly Blakeman confirmed to CoinDesk that the retail giant has cooperated with crypto ATM company Coinme on a pilot project, installing 200 Coinstar Bitcoin ATMs in stores across the United States, allowing users to buy Bitcoin by cash.
One CoinDesk editor purchased a small amount of BTC at Walmart in Pennsylvania, again verifying the authenticity of the news. The buying process is: insert cash into the ATM, set up a Coinme account and pass a Know Your Customer (KYC) check, a 4% Bitcoin exchange fee and a 7% cash exchange fee will be charged.
Coinstar is known for allowing consumers to exchange coins for paper money or gift cards. Coinme is a crypto wallet and payment company that specializes in Bitcoin ATM (BTM) and supports the purchase of Bitcoin.
The cryptocurrency ATM industry is rapidly expanding, and Coinstar announced in 2020 that it plans to double its 3,500 Coinme BTM machines.
By Mary Liu
Tags: Bitcoin,Bitcoin ATM,Coinme,Coinstar,KYC,Walmart
Link: Walmart Installs 200 Coinstar Bitcoin ATMs In stores Across The U.S. [Copy]
