Walmart has announced the launch of bitcoin-enabled kiosks in more than 200 stores.
Coinstar kiosks will be installed in a tie-up with crypto ATM firm Coinme.
The retail giant is offering bitcoin through these kiosks.
The retailer is partnering with crypto ATM company Coinme to install bitcoin-enabled kiosks in more than 200 stores across the U.S., allowing customers to buy or sell the cryptocurrency from a machine that looks like a regular ATMs that can be spotted near cash registers or outside at various locations, according to media reports on Wednesday, December 12th, 2018.
Coinstar kiosks will be installed at around 200 stores and offer customers bitcoin through a machine that looks like a regular ATMs located near cash registers or outside at various locations, according to media.
Bitcoin ATMs rapidly rising
Bitcoin ATMs (or BTMs) are usually kiosks that sell bitcoin and provide a way to buy bitcoin with cash.
One of the benefits of buying Bitcoin from a Bitcoin ATM is that there are no geographical constraints, and one can buy or sell bitcoins regardless of their local area’s laws concerning cryptocurrency.
The number of BTMs has been increasing in the past years and with the demand for Bitcoin reaching new heights, it seems that this number will keep on growing.