Walmart Allows Customers to Buy Bitcoin at 200 Stores

Retail giant Walmart has announced that Bitcoin can now be purchased at 200 stores in the United States. Cryptocurrency is offered through Coinstar kiosks in Walmart stores. Coinstar currently offers Bitcoin at over 8,000 kiosks.

Bitcoin and Walmart

Buy Bitcoin at Walmart

BTC is now available in 200 Walmart stores in the U.S., the company said Thursday. This is part of a pilot program with Coinstar, which operates an ATM where customers can exchange US coins for bills or gift certificates. The pilot started earlier this month, according to Walmart spokeswoman Molly Blakeman.

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To purchase Bitcoin at participating Walmart stores, you must visit Walmart’s Coinstar kiosk. You must have an account on the cryptocurrency exchange Coinme, and each purchase requires a 4% transaction fee and a 7% currency exchange fee. Buyers receive coupons that can be exchanged for BTC instantly on Coinme. Coinstar emphasized that “On Coinstar, you can only buy Bitcoin with paper money,” and emphasized that they do not accept coins for BTC purchases.

Coinstar and Coinme have teamed up to offer Bitcoin at over 8,000 kiosks, including all 200 Walmart locations. Coinstar kiosks can also be found in other chain stores and supermarkets such as 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 exploring how cryptocurrencies can be applied to businesses. In August, the company announced a job offer for “Digital Currency and Cryptocurrency Product Manager”. As an expert in digital currency/cryptocurrency and related blockchain technology, Walmart will lead the product vision and feature roadmap.