Coindesk Logo

Coinme Launches 300 Bitcoin-Enabled Kiosks in Florida After Securing Financial License

Coinme Launches 300 Bitcoin-Enabled Kiosks in Florida After Securing Financial License

Coinme Launches 300 Bitcoin-Enabled Kiosks in Florida After Securing Financial License

Users can now purchase bitcoin using cash at select Winn Dixie, Fresco y Mas, Harveys and other grocery outlets throughout the state.

Users can now purchase bitcoin using cash at select Winn Dixie, Fresco y Mas, Harveys and other grocery outlets throughout the state.

Users can now purchase bitcoin using cash at select Winn Dixie, Fresco y Mas, Harveys and other grocery outlets throughout the state.

AccessTimeIconApr 7, 2021, 3:52 PM
Updated Aug 19, 2021, 8:37 AM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Buying bitcoin in the U.S. state of Florida just got a little easier.

According to a press release shared with CoinDesk on Wednesday, bitcoin ATM company Coinme has expanded to around 300 locations.

Residents of Jacksonville, Miami, Orlando and Tampa are now able to buy bitcoin while doing their daily grocery shop via coins-to-cash converter Coinstar's kiosks. The kiosks have been placed in select stores including Winn Dixie, Fresco y Mas and Harveys among others.

“Our team has been working with state regulators in an effort to launch Coinme on Coinstar kiosks throughout the state," said Neil Bergquist, co-founder and CEO of Coinme. "We are thrilled to secure a license to offer a cash on-ramp to purchasing bitcoin to the residents of Florida.”

The move is part of Coinstar and Coinme's partnership, formed in 2019, allowing shoppers at select locations to buy bitcoin for cash. Set up in more than 40 states throughout the U.S., the Coinstar change-counting machines are located in supermarkets, gas stations and convenience stores. The machines are used to convert loose change into gift cards or cash or to make a donation to a select charity.

The deal is mutually beneficial as Coinme gets to take advantage of Coinstar's kiosk locations while Coinstar can tap into the current crypto craze with the help of Coinme. Around 25% of all Coinstar's kiosks are now enabled by Coinme to provide bitcoin purchases for cash, as CoinDesk previously reported.

Disclosure

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

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


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 consensus.coindesk.com to register and buy your pass now.