• H-E-B is bringing Bitcoin and Dogecoin ATMs to Texas

  • The 2,000th Bitcoin ATM from Coin Cloud is on its way to an H-E-B retailer. Many more will be put in the stores of the Texas supermarket company.

    Texas supermarkets will soon have Bitcoin ATMs. According to local media, twenty-nine cryptocurrency Coin Cloud ATMs will be installed in H-E-B stores.

    The crypto ATMs, which allow customers to purchase and trade over 30 different cryptocurrencies, including Bitcoin and Dogecoin, will first be offered in H-E-B stores in Houston.

    H-E-B is a grocery store chain with locations throughout Texas and northern Mexico. It received national notoriety earlier this year when it helped Texans affected by the terrible winter storm in February.

    Coin Cloud is a crypto ATM company based in Las Vegas. Its devices may be found in 47 states across the United States, as well as in Brazil. The company revealed on Wednesday that its 2,000th machine arrived in an H-E-B store this week.

    A crypto ATM is similar to a traditional ATM, only it allows customers to purchase and sell Bitcoin and other digital assets instead of cash.

    According to Coin Cloud, its ATMs accept Bitcoin, Ethereum, Dogecoin, Litecoin, many US dollar stablecoins, and a variety of DeFi tokens.

    But why would anyone want to buy cryptocurrency while shopping for groceries? Crypto ATMs, on the other hand, allow would-be traders to purchase and sell rapidly without having to open an account with an exchange.

    When banks refuse to process bitcoin transactions, Bitcoin ATMs can help. And while such transactions were originally fully anonymous, the Financial Crimes Enforcement Network (FinCEN) now supervises them in the United States.

    When making minor (less than $500) purchases, some crypto ATMs nevertheless provide more anonymity than an exchange and don’t collect personally identifiable information. CoinCloud, on the other hand, notes on its website that it does demand normal know-your-customer (KYC) information from ATM customers.

    The devices, according to Chris McAlary, founder and CEO of Coin Cloud, would remind people of the importance of bitcoin in our daily lives.

    “As we continue to grow, merchants will become more aware of the critical role digital currency will play in the future, and how Coin Cloud’s extensive rollout of DCMs will help them satisfy the technological and financial needs of their customers,” he said.

    However, it may be a long time before retail customers utilize Bitcoin and Doge to pay for their food.

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