Working with digital currency exchange platform CoinMe and coin collecting company Coinstar, the megastore said it has published 200 Coinstar kiosks in Walmarts across the country that distribute BTC, according to Reuters.
According to Bloomberg, Walmart’s pilot program is part of a larger effort by Coinstar to free up 8,000 kiosks across the country that customers can use to buy BTC.
To use the machines, customers inserted invoices and received a voucher. Buyers would then need to sign up for a CoinMe wallet and pass a background check to exchange the voucher for Bitcoin. The machines charge a 4% fee for BTC purchases, as well as a 7% exchange fee, according to Coinstar.
The development follows Walmart’s announcement that it was looking for a cryptocurrency product to lead the company’s digital currency strategy in August.
However, Walmart was the subject of a hoax a month later where fake news was spread by leading media networks claiming the company was partnering with the popular peer-to-peer payment network Litecoin ( LTC).
Bitcoin is trading hands at $ 61,475 at the time of writing, down 8.5% from its seven-day high of $ 67,118, according to CoinGecko.
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Image en vedette : Shutterstock/Phoenixns