Walmart Has Quietly Begun Hosting Bitcoin ATMs | Crypto Craft

  • Walmart Has Quietly Begun Hosting Bitcoin ATMs

    From coindesk.com

    Walmart, the world’s largest company by revenue, is letting customers buy bitcoin at dozens of its U.S. locations. Shoppers can purchase the cryptocurrency at Coinstar machines inside the retailer’s cavernous “big box” stores. A CoinDesk editor verified that the service works, buying a small amount of BTC at a Pennsylvania Walmart on Oct. 12. “Coinstar, in partnership with CoinMe, has launched a pilot that allows its customers to use cash to purchase Bitcoin,” Walmart communications director Molly Blakeman told CoinDesk via email. “There are 200 Coinstar kiosks located inside Walmart stores across the ... (full story)

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yieldjunkie
Oct 21, 2021 4:08pm — Edited
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Coindesk trying to pump BTC...

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Coinstar announced plans in 2020 to double its fleet of 3,500 Coinme BTMs amid a spike in usage.
Expected.

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The potential for crypto-enabled financial services for lower-income users is alluringly close given shared connections among Walmart, Coinme and MoneyGram, but the retailer didn’t elaborate further on its crypto plans.
No shit they didn't. This isn't Walmart making the plans it is Coinstar, the ATM company. They just happen to be located at Walmarts.

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A CoinDesk editor verified that the service works, buying a small amount of BTC at a Pennsylvania Walmart on Oct. 12.
Took them how many days to publish the story?
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cryptocow
Oct 21, 2021 4:21pm
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The machine charges a 4% fee for the bitcoin option, plus another 7% cash exchange fee, according to the Coinstar website and verified by CoinDesk.

Ouch.
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