Bitcoin ATM operator Coinme has teamed up with a leading coin-counting company to enable people to buy Bitcoin at thousands of stores quickly and seamlessly.
Buy Bitcoin at Your Local Grocery Store
Coinme is a blockchain-oriented company which has reportedly become the very first state-licensed Bitcoin ATM operator in the US. Coinstar, on the other hand, is a multi-national company operating self-service coin counting machines with more than 20,000 kiosks already in place.
Their partnership enables people to easily buy Bitcoin at all of Coinstar’s kiosks, following four basic steps. These include:
- Go to a select Coinstar kiosk, touch “Buy Bitcoin,” review and accept the transaction terms, and enter your phone number.
- Insert U.S. 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 sign in to your existing account to claim your Bitcoin.
Speaking on the matter was the co-founder and CEO at Coinme, Neil Bergquist, who said:
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. […] 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.
Bitcoin’s Growing Popularity and Adoption
Despite the prolonged bear market of 2018, Bitcoin has seen a massive boost in its widespread mainstream adoption.
There are more than 4,000 Bitcoin ATMs currently installed throughout 76 countries. That’s according to the tracking website Coinatmradar.
The prevailing amount of Bitcoin ATMs are in the US, but Europe also has a serious amount with currently over 900 machines.
Do you think Bitcoin will continue to grow in popularity? Share your thoughts in the comments below!