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Bitcoin Now Available Through Coinstar Kiosks Nationwide

Distributed Summary:

  • Coinstar and Coinme team up to offer bitcoin-for-cash transactions at grocery stores around the country
  • Twitter users have shared photos of the on-screen process

The grocery store coin-to-cash kiosk Coinstar now supports bitcoin purchases, thanks to a partnership with Coinme.

“Coinstar owns and operates over 20,000 fully automated self-service coin-counting kiosks in nine countries, with thousands in the U.S. market that can be enabled to accept Bitcoin transactions,” according to a release from the company.

The partnership seems to have appealed to Coinstar because of the natural fit for bitcoin purchases at its kiosks.

“Coinstar is always looking for new ways to offer value to our consumers when they visit our kiosks, and Coinme’s innovative delivery mechanism along with Coinstar’s flexible platform makes it possible for consumers to easily purchase Bitcoin with cash,” Coinstar’s CEO Jim Gaherity said.

Though announcement of this partnership was sudden, customers are already confirming that this rollout is taking place on a large scale. People have been uploading photos to Twitter demonstrating the way that Coinme’s bitcoin vending has been integrated into Coinstar kiosks. In effect, grocery stores all over the United States can double as Bitcoin ATMs, almost overnight. This could greatly increase the convenience of Bitcoin transactions.

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