With them, clients can buy bitcoin for cash

​American retailer Walmart has installed crypto ATMs in its outlets

22.10.2021 - 09:05


1 min


What's new? The largest US retailer, Walmart, has placed ATMs in a number of stores for its clients to buy cryptocurrencies. According to CoinDesk, there are about 200 devices in various cities of America.

News source on the CoinDesk portal

What functionality do ATMs have? With these devices, Walmart clients can buy bitcoin for cash. After entering the funds into the bill acceptor, users receive a paper card with the code. Next, clients need to register on CoinMe’s wallet site and undergo a verification procedure. After that, the funds will be credited to an account minus a commission of 4% for the purchase. An additional fee of 7% is charged for the cash exchange.

The system will be tested in dozens of chain stores. If the terminals are popular, Walmart will continue to place them in other outlets.

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