As the world’s largest retailer, Walmart is no stranger to providing its customers with convenient access to their favorite products and services. So it’s no surprise that the mega-store has started to offer Bitcoin ATMs at select locations.
For the uninitiated, Bitcoin ATMs work like traditional ATMs, but instead of dispensing cash, they allow users to purchase Bitcoin with cash, or sell their Bitcoin for cash. The machines are usually operated by third-party companies, and customers will need to create a wallet with a provider like Coinbase in order to use the ATM.
Walmart has not officially announced the rollout of Bitcoin ATMs, but Coin ATM Radar, a site that tracks the locations of Bitcoin ATMs around the world, shows that at least six machines have been installed at Walmart stores in Oklahoma, Texas, and Louisiana. It’s not clear if more locations will be added in the future.
The move could be seen as an attempt by Walmart to keep up with its rival Amazon, which has been accepting Bitcoin as payment for some of its services since 2014. While Amazon has not yet installed any Bitcoin ATMs at its stores, the company is reportedly considering it.
Whether or not Walmart’s foray into the world of cryptocurrency will be successful remains to be seen. But for now, customers who want to buy or sell Bitcoin can do so at select Walmart locations.
Yes, Walmart has installed Bitcoin ATMs at select locations in Oklahoma, Texas, and Louisiana.