Coinstar expansion reaches 2,000 locations

Since the announcement of its growth plan in January this year, the company has presented weekly improvements of 15%

The chain of cryptocurrency kiosks in supermarkets Coinstar has been developing an expansion process in at least 19 regions of the United States.

This company offers the possibility for people to convert cash into bitcoin, thanks to the partnership with the blockchain startup Coinme.

Jim Garherity, manager of Coinstar, said in a statement that the response after the announcement of expansion in January 2019 has been very positive.

Coinstar had announced that customers could buy bitcoins using US dollar bills, although coins will not be accepted for such records.

As detailed in the statement, the growth has been assessed at 15% week after week after the official launch of the association.

On the other hand, the manager indicated that the first quarter of 2019 “has been one of the most successful in the five years of Coinme’s history”, thanks to the 92% growth in the volume of transactions.

K.Tovar

Source: Diario Bitcoin

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