Walmart Now Allowing Purchases of Bitcoin at Some Stores

BENTONVILLE, Ark.— Walmart is now letting customers buy Bitcoin at dozens of its U.S. stores.

Shoppers can purchase the cryptocurrency at Coinstar machines inside the retailer’s big box stores, CoinDesk reported. 

Coinstar is best known for allowing consumers to exchange coins for paper bills or gift cards.

The ability to buy Bitcoin is enabled by Coinme, a crypto wallet and payment firm that specializes in bitcoin ATMs.

“The cryptocurrency ATM industry is expanding at a rapid pace, partly fueled by the COVID-19 pandemic. Coinstar announced plans in 2020 to double its fleet of 3,500 Coinme BTMs amid a spike in usage. But Walmart, long seen as the crown jewel to bringing crypto financial services into the mainstream, is another step up, even if the 200-kiosk pilot is chump change for a company with 4,700 stores,” CoinDesk said.

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