Buy Bitcoin with cash in the supermarket

Just do the shopping and buy Bitcoin via the ATM in the supermarket.

Buy Bitcoin. Is that really so difficult? For people who are not that handy with computers, no doubt. But this group also gets the chance to get the coin in a simple way. Namely through ATMs. A well-known phenomenon for everyone, because normally you get money ‘out of the wall’ at an ATM. In this case, you put money into it and get Bitcoin in return.

These types of Bitcoin ATMs are on the rise in American Walmart supermarkets. Coindesk reports about this. The vending machines can be found in the Coinstar kiosk, which is part of part of the supermarket. To this end, a partnership has been entered into with the crypto company Coinme, which supplies the ATMs. There are already 200 ATMs to buy Bitcoin installed at the Coinstar kiosk. The kiosk locations already existed. Normally you would go there to get some money from the wall, and then shop with cash.

Is it advisable to buy Bitcoin this way? Not really. You can find much cheaper alternatives online. For example, the machine charges surcharges of four percent for buying the cryptocurrency. In addition, there are seven percent transaction costs attached. That makes it a pricey move.