American retail giant Walmart has quietly added support for Bitcoin to its Coinstar machines in dozens of stores across the United States.
According to a report By CoinDesk, Walmart, the world’s largest company by revenue, is increasing Bitcoin adoption in the United States by adding crypto support to Coinstar kiosks in some of its stores.
Walmart communications director Molly Blakeman told CoinDesk in an email:
Coinstar, in partnership with Coinme, has launched a pilot project that allows its customers to use cash to buy bitcoin.
According to Ms. Blakeman, 200 Coinstar kiosks located in Walmart stores across the country are participating in the pilot program.
January 17, 12019, Coinme, the first licensed Bitcoin ATM operator in the United States, and Coinstar, which owns and operates approximately thousands of fully automated self-service coin counting kiosks around the world, announced that they have entered into a partnership that enables Coinstar kiosks, which are primarily located in U.S. grocery stores and supermarkets , to sell Bitcoin (BTC) in exchange for cash (USD).
According to Frequently Asked Questions (FAQ) On the Coinme website, Bitcoin can be purchased from participating retailers that have Coinstar kiosks enabled for the Coinme product. Only paper money (not coins) can be used to purchase Bitcoin at these kiosks.
By January 2019 Press release, here are the steps to buy Bitcoin from a Coinstar kiosk powered by Coinme:
- “Go to a selected Coinstar kiosk, tap ‘Buy Bitcoin’, review and agree to the terms of the transaction, then enter your phone number. “
- “Insert US paper money into the cash acceptor (any amount up to $ 2,500). “
- “Receive a voucher with a Bitcoin redemption code. “
- “Visit www.coinme.com/redeem to create a Coinme account or log into your existing account to claim your Bitcoin.”
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