Walmart customers can now add crypto to their shopping lists as the retail giant has started a pilot program that adds Bitcoin-dispensing machines to some of its locations.
In collaboration with digital currency exchange platform CoinMe and coin-cashing machine company Coinstar, the megastore says that it has released 200 Coinstar kiosks in Walmarts around the nation that dispense BTC, according to Reuters.
[adinserter block="1"]According to Bloomberg, Walmart’s pilot program is part of a wider effort by Coinstar to release 8,000 kiosks around the country that customers can use to buy BTC.
To use the machines, customers would insert bills and receive a voucher. The buyers would then have to sign up for a CoinMe wallet and pass a background check to redeem the voucher for Bitcoin. The machines charge a 4% fee for BTC purchases, along with a 7% cash exchange fee, according to Coinstar.
The development comes on the heels of Walmart announcing that it was looking for a cryptocurrency product lead to spearhead the company’s digital currency strategy in August.
However, Walmart was subject to a hoax a month later where fake news was spread by prominent media networks saying that the company was partnering up with popular peer-to-peer payments network Litecoin (LTC).
Bitcoin is exchanging hands at $61,475 as of writing, an 8.5% decrease from its seven-day high of $67,118, according to CoinGecko.
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