How to Buy Bitcoins With Cash At Walmart [2021 Updated]

Category: EXCHANGE

can i get bitcoins at walmart

When you hear that you can buy bitcoin at Walmart, it doesn't mean that you go to Walmart and you are handed the bitcoin. Buying bitcoin at. Duration: 13:04. What could be better than buying one's own Bitcoins along with a magazine at your corner store? Nicolas Katan, CEO and Co-Founder of Bitit.

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Buying Bitcoin at Walmart

Buying bitcoin at Walmart can be very easy. Nevertheless, you can also buy Bitcoin from cryptocurrency exchanges, peer-to-peer platforms, mobile apps such as Luno, Square Cash App, among other options.

But how can you buy Bitcoin at Walmart? Like you, many others have wondered. Walmart, one of the largest online marketplaces, has a lot to offer, but one cannot easily purchase it as a commodity when it comes to Bitcoin.

Nevertheless, several other avenues will enable you to take advantage of a feature offered by the marketplace to purchase Bitcoin from other platforms. We outlined this and many more in our guide on buying Bitcoin at Walmart. Before we proceed, here’s what you need to begin.

Bitcoin Wallet:

There are online, offline, and mobile wallets that you can use in storing the Bitcoin you are about to purchase. While one of these has more ease of usage, the other has a higher level of security. You can refer to our guide on the best bitcoin wallets to ascertain the right one for you.

Bitcoin Address:

Now that you have a Bitcoin wallet, you need to generate a public address. This address receives you purchased bitcoin. That’s quite simple as well, and with this guide on how to buy Bitcoin, you can see how to get a Bitcoin address from a cryptocurrency exchange, mobile app, or a paper wallet.

Buying Bitcoin at Walmart with Gift Card

You can fund your bitcoin wallet with a Walmart gift card. In this case, you need to exchange the gift card with someone willing to trade it for their Bitcoin. You get your bitcoin immediately based on the terms of your agreement. While the recipient can use your gift card for purchases, you get Bitcoin in exchange.

Buying Bitcoins with Cash at Walmart

Walmart does not sell Bitcoin directly; however, there are peer-to-peer platforms where sellers will allow you to transfer money into their Walmart account in exchange for Bitcoin. Walmart2Walmart Money Transfers is the platform.

The Walmart2Walmart Money Transfers comes with a service fee of $4 fee (transfers between $0-$50), $8 fee (transfers between $50-$1,000), and $16 fee (transfer between $1,000-$2,500).

Some Peer-to-Peer exchanges that accept Walmart2Walmart Money Transfers are LocalBitcoins and Paxful. All you have to do is walk up to a Walmart store in your area and give them the cash to transfer to the seller’s Walmart. Let’s take LocalBitcoins, for instance:

  • Goto LocalBitcoins.com
  • Click on the ‘Sign up’ button at the top-right corner of the screen.
  • Create an account using your email
  • You are to verify your email, phone number, and identity.
  • Once that is done, you can proceed to the LocalBitcoins Walmart 2 Walmart trading page.
  • Select a seller whose terms align with yours and enter the amount of Bitcoin you want to buy
  • Once you send a message to begin the transaction, a part of their Bitcoin will be deducted and held in an escrow account. It’s released to you when the seller confirms payment.
  • Make a cash payment at your Walmart, and keep in mind that you have 6 hours to do so before the transaction is canceled on LocalBitcoins.
  • Finally, upload the payment receipt as proof of payment on LocalBitcoins to have your Bitcoins released to you.
  • You can then transfer it to your Bitcoin wallet instead of leaving it on the peer-to-peer exchange.

Alternatively, you can also buy Bitcoins on the platform using a bank transfer, PayPal, Skrill, Amazon gift card, and several others. Each of these can get your wallet funded in no time.

Conclusion

As we mentioned in the beginning, there are quicker ways to buy bitcoin, and one such is buying on cryptocurrency exchanges. Bitcoin is one of such exchanges. Suppose you want to buy bitcoin now, head over to coinbase. However, you need to create an account on coinbase; click here to do that. And if you have no clue how to get this done, we wrote a guide that will take you through how to create a coinbase account.

 

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