Coinme opens door for Bitcoin purchase at Coinstar Kiosks
As popularity of Bitcoin scales up, the US based crypto ATM operator, Coinme has tied up with Coinstar kiosks to allow consumers to avail BTC. Announced yesterday, the former is a blockchain based financial services organisation that has envisioned to approach other US markets, following the success of this initiative. This partnership will foster greater adoption of Bitcoin among the masses.
The consumers can avail the exciting offer at Albertsons and Safeway stores located in Texas, Washington and California. Coinstar kiosks have successfully cemented its ground with presence in nearly 20,000 locations. The coin counting machine operator and owner is largely favoured by the consumers for its trustworthy service. The range of customers includes grocery stores, financial institutions, mass merchants and drug outlets.
“We’re excited to team up with Coinstar to give consumers a convenient and easy way to buy Bitcoin during the course of their daily routines,” said co founder and CEO of Coinme, Neil Bergquist. “Bitcoin is now accessible at your local grocery store via Coinstar kiosks, and this offering will make it even easier for consumers to participate in this dynamic new economy,” he further added.
“Coinstar is always looking for new ways to offer value to our consumers when they visit our kiosks, and Coinme’s innovative delivery mechanism along with Coinstar’s flexible platform makes it possible for consumers to easily purchase Bitcoin with cash,” commented CEO of Coinstar, Jim Gaherity.
With the new functional points for accessing crypto, it becomes easier for the customers to purchase digital assets with cash. However, US cash is only permissible for transacting Bitcoin. Coinme serves as the BTC ATM in US having state-license for the first time.
It was set up in 2014, which is currently managing millions of dollars per month for transaction. The company seeks to utilise the global network of crypto ATM alongside providing the institutions and consumers with digital wallet and advanced Private-Client services.
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