Crypto Mainstream Adoption Race: Over 2,100 Bitcoin (BTC) Kiosks Pop Up In Austin, Houston, Los Angeles, San Diego, and Seattle
2019 has been said to mark the year during which we will be witnessing mainstream adoption of crypto, and we keep reporting various moves that are definitely leading the digital assets on the road to success.
Now, there’s another move that will make it much easier to use BTC. Experts have been saying that the missing ingredient for crypto adoption is real use cases.
New locations for BTC kiosks
The largest Bitcoin kiosk network in the world is now adding new locations in major metro markets which include Austin, Boston, Chicago, Houston, Los Angeles, Philadelphia, San Diego, Seattle and the District of Columbia, according to The Daily Hodl.
This roll-out is a part of a massive expansion by Coinme which is a blockchain fintech company that enables people to purchase Bitcoin.
In collab with coin-counting kiosk leader Coinstar, the crypto network is now including 23 states in the US.
The Daily Hodl reported that the companies have first teamed up back in January in order to launch Bitcoin-enabled kiosks in some locations at major supermarkets.
Here’s what Coinstar CEO has to say: “The response to being able to purchase Bitcoin at Coinstar kiosks has been extremely positive with overwhelming demand by both consumers and new retailer partners.”
Making a BTC purchase
The Daily Hodl reports what you have to do in order to make a BTC purchase.
The online publication writes that you have to find “a select Coinstar kiosk, touch “Buy Bitcoin,” review and accept the transaction terms, and enter a phone number. They then insert the exact amount of US dollars into the cash acceptor – up to $2,500. The kiosk issues a voucher with a Bitcoin redemption code.”
According to the Daily Hodl, the transaction is complete once the user visits coinme.com/redeem and signs into an existing account or creates a new account to claim the BTC.
The crypto is deposited into the user’s Coinme wallet in maximum half an hour, and there will be a 4% service fee.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.