Coinme Brings Digital Gold to Grocery Stores in Alaska

Coinme, the largest licensed cryptocurrency cash exchange in the US, and Coinstar, the global leader in self-service coin-counting, announced entrance into Alaska with the launch of fifteen bitcoin-enabled Coinstar kiosks located at select Carrs and Safeway grocery stores across the state, in cities including Anchorage, Fairbanks, and Juneau. The expansion gives Alaskans the ability to purchase bitcoin with cash instantly and conveniently at the grocery store.

“We’re excited to bring bitcoin to Alaska through our partnership with Coinstar as an on-the-ground solution giving people access to an alternative store of value,” says Neil Bergquist, CEO of Coinme. “Many people regard bitcoin as ‘digital gold’ and a hedge against the economic uncertainty brought on by the pandemic, and seek simple and convenient ways to purchase it, which Coinme-enabled Coinstar kiosks provide.”

Coinme and Coinstar together are broadening access to bitcoin in the US, with over 7,000 locations across forty-six states to purchase bitcoin with cash. It is an available and easy-to-use option for anyone who wants to purchase bitcoin and have instant access to it seamlessly. Funds are automatically loaded and stored in the Coinme App and Wallet.

“The past year has brought bitcoin great mainstream visibility, and people expect to see the financial services they use offer an option to purchase it,” says Jim Gaherity, CEO of Coinstar. “It’s an exciting time, and Coinme allows us to bring everyday people into the world of digital currency through cash, in a way that’s secure and backed by the Coinme’s regulatory rigor and compliance.”