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JANUARY 9, 2020 / 22:56 UTC
LONDON (Fintech Zoom) – How to Buy Bitcoin at Walmart – Walmart is an American retail corporation. It has chain of hypermarkets, grocery stores etc. it is now possible for individuals to buy bitcoin at Walmart but in a slightly different way.
When people say you can buy BTC at Walmart they might be saying it in a different way than you think. Walmart does not actually sell BTC and it’s not like you can go there to buy them directly.
But what Walmart does do is facilitate money transactions and through these transactions you can buy BTC. The transactions that I am talking about are Walmart2Walmart money transfers.
With the help of transfers (Walmart2Walmart money transfers) one can deposit cash to the teller at Walmart (usually at their customer service area) and have it transferred over to a BTC seller. The transfers can be made by anyone at Walmart store.
Walmart is not actually selling the bitcoins, a person has to follow certain step to complete the order.it charges a small fee for sending money. They charge as follows:
- $4 fee for a $0-$50 transfer
- $8 fee for a $50-$1,000 transfer
- $16 fee for a $1,000-$2,500 transfer
However, Walmart doesn’t have direct purchasing of the bitcoin from their stores.What they do is an online cash transaction.
More Information – Buy Bitcoin at Walmart
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