Milk, eggs, bread, and bitcoin?
Coinme's new partner has so far implemented the service in Safeway and Albertsons supermarkets in California, Washington, and Texas. The kiosks will enable the customers to purchase up to $2,500 worth of bitcoin, and only cash is accepted. At the end of the transaction, the system will provide them with a code which can be used on Coinme’s website to acquire the newly purchased bitcoin.
Despite what many are calling ‘the crypto winter,’ Coinme’s CEO and co-founder Neil Bergquist claims the startup’s ATM service is thriving. “Our customers are leveraging bitcoin as a medium of exchange for remittances, a diversified store of value for their portfolio, or simply as a gift for that ‘crypto-curious’ family member,” he said.