Thursday, August 11, 2022
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Cryptocurrency Bitcoin

Walmart has completed the first phase of its Bitcoin ATM rollout

Tech Gist Africa by Tech Gist Africa
10/25/2021
in Bitcoin, Cryptocurrency, Payment, World News
0 0
0
Walmart Bitcoin ATM

Walmart Bitcoin ATM

0
SHARES
Share on FacebookShare on Twitter

Walmart has partnered with Coinstar and crypto-cash exchange Coinme to deliver bitcoin ATMs to 200 locations across the United States.

Walmart’s test program was established in collaboration with Coinstar, according to Molly Blakeman, Walmart’s communications director.

“Coinstar, in collaboration with Coinme, has established a test program that allows its users to buy bitcoin using cash,” said Blakeman. “This pilot includes 200 Coinstar kiosks that are positioned within Walmart shops across the United States.”

According to several sources, the initial trial period will only include 200 ATMs, but the launch is part of a larger plan to install 8,000 bitcoin ATMs across the country.

In the United States, there are over 25,000 bitcoin ATMs in supermarkets and gas stations, and Coinstar has 4,400 bitcoin kiosks in 33 states.

Customers who want to use the bitcoin ATMs must have a Coinme wallet or create one at the machine. According to the Coinstar website, the cost of exchanging Bitcoin is 4%, plus an additional 7% for converting the eCurrency into cash.

People who do not have a Coinme wallet can still deposit paper money and set up a Coinme account using the redemption code that is returned.

According to Coin ATM Data, Bitcoin ATMs were initially introduced in the United States roughly seven years ago. As of the end of August, the United States had about 50,000 terminals while Hong Kong had 130.

 

Read more on Tech Gist Africa:

After a historic U.S. ETF launch, bitcoin reaches a new high above $66,000

Following China’s crackdown, the United States has become the world’s largest bitcoin mining center

Honduras has installed the country’s first cryptocurrency ATM, dubbed La Bitcoinera

ShareTweetShare

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

WhatsApp
Apps

WhatsApp will no longer allow others to see when you are online

by Tech Gist Africa
08/10/2022
0

WhatsApp has unveiled a number of new privacy features, including the option for users to read their messages without others...

Read more
Facebook META

The parent company of Facebook, Meta, has reported its first-ever revenue drop

08/10/2022
Apple

Apple has released earnings for the fiscal third quarter that surpassed forecasts for both revenue and profit

08/10/2022
google Tech Gist Africa

Alphabet, the parent company of Google, reported earnings that were lower than expected for the second quarter

08/10/2022
Microsoft

Microsoft releases its fiscal Q4 earnings, falling short of revenue projections

08/10/2022
Next Post
MTN Nigeria Women Finance

The African Development Bank and MTN Nigeria have launched a study on women 's financial inclusion.

Uganda Green Enterprise

Uganda Green Enterprise Finance Accelerator is now accepting applications from SMEs providing sustainable energy services

Mastercard Cryptocurrency

Mastercard adds wallets and loyalty rewards to its cryptocurrency offerings

No Result
View All Result

The Big 5

Facebook META

The parent company of Facebook, Meta, has raised $10 billion in its very first bond offering

by Tech Gist Africa
08/10/2022
0

...

Migration Entrepreneurship Prize 2022

African startups were awarded the Migration Entrepreneurship Prize in 2022

by Tech Gist Africa
08/10/2022
0

...

Catapult Inclusion Africa

Applications are now being accepted for the Catapult: Inclusion Africa Programme

by Tech Gist Africa
08/10/2022
0

...

Oui Capital

Oui Capital has closed its $30 million second fund

by Tech Gist Africa
08/10/2022
0

...

DMZ Cairo incubator

The DMZ Cairo incubator is accepting applications for its second edition

by Tech Gist Africa
08/03/2022
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.