A new partnership between Coinstar and Coinme allows grocery shoppers at Safeway and Albertsons to exchange cash for bitcoin through Coinstar kiosks, increasing accessibility to the crypto economy while driving foot traffic to stores

Soon U.S. customers will be able to use Coinstar for more than just coins-to-cash conversion at select Safeway and Albertsons grocery stores. With the launch of a pilot program in California, Texas and Washington, Coinstar kiosks will now be able to take cash and convert it to the cryptocurrency Bitcoin, powered by Bitcoin ATM company Coinme.

By entering a phone number and depositing cash, customers can purchase up to $2500 in bitcoin, which can then redeemed online via a code and creation of a Coinme account. Though most customers know Coinstar for exchange of metal coins for paper money, bitcoin cannot be purchase with actual coins, only cash.

With this initiative, Coinme and Coinstar aim to bring Bitcoin closer to the everyday person, lowering the bar to entry into the booming crypto economy while adding also value to the supermarket store experience.

Coinstar

Coinme

Bitcoin

Soon U.S. customers will be able to use Coinstar for more than just coins-to-cash conversion at select Safeway and Albertsons grocery stores. With the launch of a pilot program in California, Texas and Washington, Coinstar kiosks will now be able to take cash and convert it to the cryptocurrency Bitcoin, powered by Bitcoin ATM company Coinme.

By entering a phone number and depositing cash, customers can purchase up to $2500 in bitcoin, which can then redeemed online via a code and creation of a Coinme account. Though most customers know Coinstar for exchange of metal coins for paper money, bitcoin cannot be purchase with actual coins, only cash.