Cryptocurrency has emerged as a new form of investment. As soon as Bitcoin’s value skyrocketed at the end of 2016, the cryptocurrency rose to fame. The majority of people know that Bitcoin can be purchased from the exchanges or directly from other people through P2P platforms such as LocalBitcoins. People can also pay for them in a number of ways including hard cash to credit or debit cards, wire transfers, or even other altcoins, depending on where you are based and who you are buying them from. Similarly, it’s also possible to buy Bitcoin at Walmart.
Yes, you heard that right. Bitcoin can be bought at Walmart using gift cards or simply cash. However, it might be a bit more complicated to buy Bitcoin at Walmart compared to buying groceries or other stuff at Walmart as you won’t be able to locate BTC on the shelves over there. Let’s find out how you can buy Bitcoin at Walmart.
How to Buy Bitcoin at Walmart
The following guide will explain to you how to buy Bitcoin at Walmart.
Get a Bitcoin Wallet
You need to start with a Bitcoin wallet in order to buy the Bitcoin at Walmart. Bitcoin wallet is a place where you actually store your crypto coins. It’s just like a bank account for the Bitcoins. There are numerous cryptocurrency wallets out there and all you need to do is find the one that best fits your needs and get yourself registered there to get a Bitcoin wallet address.
Once you have selected the crypto wallet for yourself, now you are completely ready to buy and sell the Bitcoins. For instance, if you are interested in buying your first Bitcoin and don’t feel like purchasing it using the exchange, you can always locate someone in your area who’s willing to sell their Bitcoins in exchange for cash or even a Walmart gift card.
Buy Bitcoin with Walmart Gift Card
You can buy Bitcoin at Walmart using your gift card. Let’s suppose you have some extra Walmart gift cards that you would like to exchange for Bitcoins. All you need to do is find one person who is willing to sell their Bitcoin in order to purchase those gift cards from you. It is going to be a win-win situation for both of you. You get the Bitcoin and the other person gets the gift cards.
Buy Bitcoins with Cash at Walmart
You can also buy Bitcoin at Walmart with cash. It won’t be a direct purchase, as you will be required to utilize Walmart2Walmart Money transfers as a middleman. Using the Walmart2Walmart money transfers, it is possible to send money to any Walmart located in the US.
In order to do that, you just need to visit your nearest Walmart store so you can deposit the cash to the teller sitting at the customer area and then get your cash transferred to a BTC seller. You can verify the transaction yourself by uploading the receipt which you have received from the teller at the Walmart. The seller then will send the BTC to you within 3 hours. Sometimes it might just take only 10 minutes for the BTC to reach you. These transfers can be made by anyone and at any Walmart store.
Currently, Walmart does not accept Bitcoin but never say never. Who knows, one day Walmart might start accepting Bitcoin, helping you purchase anything using your crypto coins.