Retail giant Walmart says Bitcoin can now be purchased from its 200 stores in the United States. Coinstar is currently offering Bitcoin at more than 8,000 cusecs.
Bought Bitcoin at Walmart
Bitcoin can now be purchased from over 200 Walmart stores in the United States, the company said Thursday. It is part of a pilot program with Coinstar, which operates machines that allow customers to exchange US currency for paper bills or gift cards. According to Walmart spokeswoman Molly Blackman, the pilot was launched earlier this month.
To purchase Bitcoin at participating Walmart stores, customers must visit a Coinstar kiosk located within Walmart. They must have an account on the cryptocurrency exchange Coinme and bear 4% transaction fee and 7% cash exchange fee on each purchase. Buyers will receive a voucher that can be immediately redeemed for BTC at Coinme. Coinstar noted, “You can only use paper money to buy Bitcoin at Coinstar,” emphasizing that coins are not accepted for BTC purchases.
Coinstar and Coinme have collaborated to offer Bitcoin at more than 8,000 kiosks, including 200 Walmart locations. Coinstar kiosks will also be available at other retail chains and grocery stores, including CVS, Hy-Vee, Winn-Dixie, Fresco y Mas, and Harveys.
Walmart has recently been the victim of a fake press release claiming that the retail giant is preparing to accept litecoin in its stores.
Meanwhile, Walmart is investigating how cryptocurrency may fit into its business. In August, the company posted a job offer for the “Digital Currency and Cryptocurrency Product Lead”. As an expert in digital currency / cryptocurrency and blockchain-related technologies, Walmart explained, you will drive vision for product and power roadmaps.
Would you buy Bitcoin at a Walmart Coinstar Kiosk? Let us know in the comments section below.
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