The Bitcoin ATM operator Coinme based in the United States reaches our blockchain news today after partnering with Coinstar to be able to sell Bitcoin at coin-counting kiosks that are owned by Coinstar according to an official press release published on January 17.
Coinme is actually the first bitcoin ATM operator to obtain a license in the US back in 2014 and was quickly able to add multiple locations around the US. The CEO of Coinme Neil Bergquist noted:
“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.”
Coinstar, on the other hand, offers coin-to-cash conversion in their kiosks in multiple countries around the world but it still remains unknown whether the Bitcoin feature will expand just as quickly as it did in the US. Coinstar’s CEO Jim Gaherty noted:
Coinstar offers coin-to-cash conversion kiosks in various countries throughout the world. It remains unknown whether the Bitcoin feature will expand beyond the U.S., while the company did not provide figures on how many machines will offer it.
“Coinstar is always looking for new ways to offer value to our consumers when they visit our kiosks.’’
According to CoinATMRadar industry monitoring resource, there are more than 4187 Bitcoin ATMs worldwide and more than 60 percent or 2516 are in the United States. The market has grown plenty over the years and many operators are trying to get control of what they think to become a fairly popular trend for crypto usage.
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