Cryptocurrency Fintech News

Coinme Brings Digital Gold to Grocery Stores in Alaska


Alaskans can now add bitcoin to their shopping list and buy with cash from Coinme-enabled Coinstar kiosks at select Carrs and Safeway stores statewide

Coinme, the largest licensed cryptocurrency cash exchange in the U.S., and Coinstar, the global leader in self-service coin-counting, announced entrance into Alaska with the launch of 15 bitcoin-enabled Coinstar kiosks located at select Carrs and Safeway grocery stores across the state, in cities including Anchorage, Fairbanks and Juneau. The expansion gives Alaskans the ability to purchase bitcoin with cash instantly and conveniently at the grocery store.

“We’re excited to bring bitcoin to Alaska through our partnership with Coinstar as an on-the-ground solution giving people access to an alternative store of value,” said Neil Bergquist, CEO of Coinme. “Many people regard bitcoin as ‘digital gold’ and a hedge against the economic uncertainty brought on by the pandemic, and seek simple and convenient ways to purchase it, which Coinme-enabled Coinstar kiosks provide.”

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Coinme and Coinstar together are broadening access to bitcoin in the U.S., with over 7,000 locations across 46 states to purchase bitcoin with cash. It is an available and easy-to-use option for anyone who wants to purchase bitcoin and have instant access to it seamlessly. 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,” said Jim Gaherity, CEO of Coinstar. “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.”

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How to Buy Bitcoin at Coinstar Kiosks

Coinstar kiosks allow customers to purchase bitcoin easily, and the transaction is done in four simple steps. The only things required are a valid mobile phone number, a driver’s license or state I.D. card and cash in U.S. dollars.

  1. Create a Coinme account
  2. Find a Coinstar kiosk near you
  3. Insert cash into kiosk (coins not accepted for bitcoin transactions)
  4. Redeem and receive bitcoin instantly

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