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Home Blockchain Assets

More Than 20,000 Retail Outlets In The United States Will Start Selling Bitcoin

Published by CryptoNinjas.net
06/27/2020
More Than 20,000 Retail Outlets In The United States Will Start Selling Bitcoin

Visitors to network retailers such as 7-Eleven, CVS Pharmacy and Rite Aid can replenish their crypt currency wallets. The main digital coin can be purchased from $20 to $500.

In 20,000 retail outlets in the U.S. it is now possible to buy crypt currency for cash. LibertyX said its customers can now fund their crypt wallets at the cash registers of 7-Eleven, CVS Pharmacy and Rite Aid. When buying, you need to scan the barcode. Thus, you can buy crypt currency for $20-500.

One of Reddit users reported that he bought crypt currency for $99.58, paying $104.95. The fixed commission is $4.95, and the spread on the bitcoin spot rate does not exceed 1%. In August the company will present an additional conversion commission.

Earlier it became known that PayPal payment system plans to add the possibility of direct purchase and sale of the crypt currency. The company’s Venmo payment service will have a similar option. For this purpose, a partnership with several exchanges will be concluded, presumably, Coinbase and Bitstamp may be among them.

Bitstop, one of whose cryptomats is located at Miami Airport, has entered into a partnership with Simon Malls.

Five Simon Malls shopping centers in California, Georgia and Florida have Bitcoin terminals. According to the head of the company producing cryptomats Bitstop Andrew Barnard, such devices can introduce a new audience to the sphere of digital money.

“We will allow customers to comfortably buy Bitcoin while shopping on holiday,” Barnard said.

He added that the company operates in full compliance with regulatory requirements and plans to expand its Bitcoin network to 500 locations by the end of next year. According to Bitstop, the average purchase of cryptographic currency through its cryptomats is $160, and there are people among the firm’s customers who use the main digital coin as a means of preserving value and as a means of payment.

But if you have no time to visit trade centers, you may use the BitCoin PayPal exchange.

France is also keeping up!

By the end of 2020, major retailers such as sportswear store Decatlon and cosmetics company Sephora will start working with digital money.

More than 25 thousand outlets of 30 French retailers, including Decathlon sportswear store and Sephora cosmetics store, will start accepting Bitcoin for payment. According to Cryptoglobe, the new payment system will be launched thanks to cooperation between Global POS, EasyWallet application and Easy2Play payment platform.

The funds transferred to Bitcoin will be instantly converted to euros at the time of sale. Deskoin and Savitar will be responsible for this process. They are currently in the process of obtaining the necessary permission from local financial regulators.

In addition to Decathlon and Sephora, the initiative will involve Boulanger, Foot Locker, World House, Intersport, Cultura, Maisons du Monde and Norauto. According to Stephan Gian, CEO of Global POS, in the future the platform will support not only Bitcoin, but also Altсoins (ALT).

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