Coinme, a blockchain financial technology company that operates a network of bitcoin ATMs, today announced its entry into the greater Denver area by adding more than 100 bitcoin (BTC) purchase points at Coinstar kiosks in Safeway stores.
The Coinstar kiosks now make up the largest network for purchasing bitcoin for Denver area consumers.
Five years ago, Coinme became the first state-licensed bitcoin ATM company in the U.S. and now through a partnership with Coinstar struck earlier this year, operates the largest bitcoin kiosk network in the U.S.
“Denver promises to be one of Coinme’s strongest markets for bitcoin in the United States. It’s very gratifying to meet the growing customer demand through our relationship with Coinstar, and we couldn’t ask for a better partner to help people access and utilize the power of digital currency.”
– Neil Bergquist, Coinme co-founder, and CEO
Coinstar kiosks allow customers to easily purchase bitcoin. The transaction is done in four simple steps that only require a phone number and cash in U.S. dollars.
“There are 3,000 Coinstar kiosk locations across the country that have the bitcoin purchase functionality and the consumer response has been very positive. We’re happy that the expansion continues with access now in the Denver area.”
– Jim Gaherity, CEO of Coinstar