Cryptocurrency is trending… Install Bitcoin ATMs in Walmart Stores

Cryptocurrency is trending… Install Bitcoin ATMs in Walmart Stores

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(Picture for better understanding of the article) Bitcoin ATMs installed all over the world, such as the United States, Germany, and Singapore.

CoinDesk, a media specializing in cryptocurrency, reported on the 21st (local time) that Wal-Mart, the largest general retailer in the United States, will install bitcoin automatic teller machines (ATMs) in 200 stores, making cryptocurrency (virtual currency) more popular.

Walmart has recently installed kiosks where you can buy Bitcoin with cash in 200 of its stores in the United States. The kiosk was installed with Coinstar’s kiosk and is operated by Coinme.

Walmart plans to install Bitcoin ATMs in 200 stores and then increase it further as it monitors the situation.

Walmart currently operates 4,700 stores. If the customer response is good, we plan to expand Bitcoin ATMs to all stores.

Experts agree that Walmart will play a big role in popularizing Bitcoin as it is located all over the United States.

On the other hand, on the same day, Bitcoin plummeted in correction following the surge of the previous day. As of 6 am (Korean time) on the 22nd, Bitcoin is at $62,769, down 4.85% from 24 hours ago on CoinMarketCap, a global coin market relay site.

On the previous day, Bitcoin broke the all-time high of $64,895 with the launch of the first Bitcoin exchange-traded fund (ETF) in history, and set a new all-time high.

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