Consumers are now able to buy bitcoin with cash at more than 2,200 Coinstar locations in 21 states and the District of Columbia, according to a press release. Coinstar has teamed with Coinme, a bitcoin kiosk provider, to allow Coinstar customers to purchase bitcoin at Coinstar kiosks. Coinme became a licensed bitcoin kiosk company in 2014 and has now expanded its network from 70 bitcoin kiosks to more than 2,200 Coinstar locations.
«Bitcoin and other digital currencies offer unique benefits to consumers – including the potential for more cost-effective and faster remittances to family and friends,» Neil Bergquist, Coinme cofounder, and CEO, said in the press release. «We're thrilled to team up with Coinstar to make bitcoin more accessible to consumers than ever before and offer a key component for the new digital currency economy.»
The bitcoin purchasing service is now available major markets such as Boston, Chicago, Dallas-Fort Worth, Houston, Los Angeles, Philadelphia, San Diego, Seattle and Washington D.C.
«The response to being able to purchase bitcoin at Coinstar kiosks has been extremely positive with overwhelming demand by both consumers and new retailer partners,» said Jim Gaherity, Coinstar CEO. «We are incredibly pleased with this collaboration with Coinme and are eager to continue expanding to new markets in the coming months.»
Coinstar owns and operates over 20,000 fully automated self-service coin counting kiosks in nine countries.
Source: Kiosk Marketplace