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Walmart Places Bitcoin ATMs in Dozens of Stores

Walmart Places Bitcoin ATMs in Dozens of Stores

The largest American retailer Walmart has offered customers the opportunity to purchase Bitcoin at several dozen stores in the United States. reports.

Bitcoin sales are conducted through 200 Coinstar terminals located in Walmart stores.

“Coinstar, in collaboration with CoinMe, launched a pilot program to allow customers to buy Bitcoin with cash,” said Walmart’s Director of Communications Molly Blakeman.

After inserting money into the terminal, the customer receives a paper voucher with a code. He must register on the CoinMe wallet site and complete verification. The terminal charges a 4% fee for purchasing Bitcoin and 7% for exchanging cash, according to Coinstar’s site.

Earlier in September, media reports on behalf of Walmart claimed that the retailer allegedly intended to integrate Litecoin. Later both organisations denied the news. In response, the price of the cryptocurrency rose by more than 35%, before falling just as sharply.

In August, Walmart opened a vacancy for a Head of Product for cryptocurrency initiatives.

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