Coinstar Expands to 2,200 Locations After “Overwhelming” Bitcoin Demand.
That Coinstar machine at your local grocery store is now an easy spot for anyone looking to get into the crypto market. Many of the coin-counting machines where we all have been dumping our jars full of pennies, now sell bitcoin.
Users simply press “Buy Bitcoin,” agree to the transaction terms, and insert their cash (up to $2,500). They will then receive a voucher with a code that can be used at Coinme.com. Coinme is a blockchain fintech company that became the first licensed bitcoin kiosk company in the U.S. in 2014. There are currently Coinstar/Bitcoin machines in 21 states, and Coinme says the service is being added to more kiosks each week.