A few hours ago, the first state-licensed Bitcoin ATM company in the U.S., Coinme, announced their partnership with Coinstar – the company behind the coin-cashing kiosks that can be found in most retail locations throughout the UK, US, Canada, and Ireland.
Coinme revealed that, with this partnership, Coinstar machines housed in Albertsons stores and Safeway marts in Texas, California, and Washington can be used to purchase up to $2,500 worth of bitcoin. Buyers will receive a voucher with a BTC redemption code that can be redeemed on Coinme’s website.
According to Coinme’s co-founder and CEO, Neil Bergquist, they are excited to team up with Coinstar to give consumers a convenient and easy way to buy bitcoin during the course of their daily routines. He added that, “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.”
According to Coinstar’s CEO, Jim Gaherity, their company is always looking for new ways to offer value to their consumers when they visit Coinstar kiosks, and Coinme’s innovative delivery mechanism along with Coinstar’s flexible platform makes it possible for consumers to easily purchase Bitcoin with cash.
There are plans to expand to other retailers and locations across the U.S., if it becomes successful.