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Coinme introduces bitcoin purchasing to Coinstar kiosks in Denver Safeway stores

November 21, 2019

Coinme, blockchain financial technology company that operates a network of bitcoin ATMs, has entered the greater Denver area by adding more than 100 bitcoin purchase points at Coinstar kiosks in Safeway stores, according to a press release. The Coinstar kiosks make up the largest network for purchasing bitcoin for Denver area consumers, according to the press release. The kiosks allow customers to purchase bitcoin in four steps that only require a phone number and cash in U.S. dollars.

"Denver promises to be one of Coinme's strongest markets for bitcoin in the United States," Neil Bergquist, Coinme co-founder and CEO, said in the press release. 

"There are 3,000 Coinstar kiosk locations across the country that have the bitcoin purchase functionality and the consumer response has been very positive. We're happy that the expansion continues with access now in the Denver area," said Jim Gaherity, CEO of Coinstar.