Coinstar Expands Bitcoin Buying Service to Cover 21 US States

Kiosk network Coinstar has expanded its bitcoin-buying service, adding around 100 new outlets and growing U.S. coverage to 21 states.

AccessTimeIconMay 23, 2019 at 9:00 a.m. UTC
Updated Sep 13, 2021 at 9:13 a.m. UTC

Supermarket kiosk network Coinstar has further expanded its bitcoin-buying service, adding around 100 new outlets and growing U.S. coverage to 21 states and the District of Columbia.

The service, offered through a partnership with blockchain startup Coinme, now allows individuals to buy bitcoin with cash at over 2,200 locations, Coinme announced Wednesday. As of last month, the service was available at around 2,100 locations in 19 states.

The service allows purchases using U.S. dollar bills, not coins, for any amount up to $2,500.

Coinstar CEO Jim Gaherity said that the service had received a positive response, seeing “overwhelming” demand from both consumers and new retailer partners. He added that Coinstar will continue expanding to new markets "in the coming months."

Currently supported cities include Boston, Chicago, Dallas-Fort Worth, Houston, Los Angeles, Philadelphia, San Diego, Seattle and Washington D.C, among others.

Coinstar first partnered with Coinme in January of this year, enabling bitcoin purchases at Safeway or Albertsons stores in California, Texas and Washington states at the time. Last month, it added support for Jewel, Shaw’s, Save Mart and more.

Coinme co-founder and CEO, Neil Bergquist, said:

“Bitcoin and other digital currencies offer unique benefits to consumers – including the potential for more cost-effective and faster remittances to family and friends.”

Overall, Coinstar said it now owns and operates over 20,000 fully automated self-service coin-counting kiosks in nine countries, with thousands in the U.S. that allow bitcoin purchases.

Coinstar image via Coinme


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.