Retail

Coinstar teams with Coinme to bring bitcoin enabled kiosks to Alaska supermarkets

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August 12, 2021

Coinme, a licensed cryptocurrency cash exchange in the U.S., has teamed with Coinstar, a provider of self-service coin counting, to deploy 15 bitcoin-enabled Coinstar kiosks located at select Carrs and Safeway grocery stores across the state, in cities including Anchorage, Fairbanks and Juneau, according to a press release. The expansion gives Alaskans the ability to purchase bitcoin with cash at the grocery store.

Coinme and Coinstar are broadening access to bitcoin in the U.S., with over 7,000 locations across 46 states to purchase bitcoin with cash. Funds are automatically loaded and stored in the Coinme app and wallet.

"The past year has brought bitcoin great mainstream visibility, and people expect to see the financial services they use offer an option to purchase it," Jim Gaherity, CEO of Coinstar, said in the press release. "It's an exciting time, and Coinme allows us to bring everyday people into the world of digital currency through cash in a way that's secure and backed by the Coinme's regulatory rigor and compliance."