March 29, 2024

Largest retail chain Walmart will sell bitcoin

Largest retail chain Walmart will sell bitcoin

The American company Walmart Inc., which operates the world's largest wholesale and retail chain, launcheda pilot program that will allow shoppers to buy Bitcoin (BTC) at Coinstar kiosks in select U.S. stores.

Bloomberg reports that the pilot project includes 200 kiosks in Walmart stores. In general, thanks to the cooperation of Coinstar with the cryptocurrency exchange Coinme, bitcoins can be bought at more than 8,000 kiosks.

«Bitcoin ATMs are already installed in many supermarkets, said Sam Doctor, chief strategy officer and head of research at regulated crypto brokerage BitOoda.

Now Walmart is expanding access to Bitcoin to more people and giving it additional legitimacy among skeptics.

As we now understand, it is no coincidence that AugustWalmart has opened a vacancy for a leader in developing a "digital currency strategy and product roadmap" by attracting investments and entering into partnerships with crypto projects.

Clients who will buy bitcoins inWalmart will have to insert paper bills into a Coinstar machine, after which they will receive a voucher. In addition, they will be required to create a Coinme account and provide personal information to redeem the coupon.

When performing transactions, ATMs charge a commission of 4% for the purchase of BTC and a 7% commission for cashing out.

«This is an expensive way to purchase Bitcoin, but it lowers the barriers to entry for first-time cryptocurrency buyers», - said the Doctor.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.4
3 Exmo https://exmo.me 6.9
4 OKEx https://okex.com 6.5
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services— futures, options, staking, NFT marketplace.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Largest retail chain Walmart will sell bitcoin

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