Customers at one State College area Sheetz will find a new feature inside the store — a Bitcoin ATM.
The 101 Valley Vista Drive Sheetz is one of six locations where the Altoona-based convenience store chain has partnered with Coinsource to install the Bitcoin ATM kiosks, allowing customers to buy and sell the cryptocurrency with U.S. dollars.
“Sheetz is constantly innovating and pioneering new offerings to give our customers what they want, when they want it, 24/7,” assistant vice president Ryan Sheetz said in a press release. “As cryptocurrency increases in popularity and demand, we are excited to add this service in our continual mission to be the ultimate one-stop-shop.”
To use the machines in stores, customers must first enroll online with Coinsource and download a virtual wallet app, then can make transactions from $5 to $5,000 a day at the Bitcoin ATMs.
"With this pilot, Sheetz customers will be able to just as easily pick up Bitcoin as they could a fresh cup of coffee and morning bagel," Coinsource CEO Sheffield Clark said. "The ability to buy crypto at one of the most respected and innovative chain convenience store operators in the country is huge for mass adoption of Bitcoin and a testament to the industry leadership of Sheetz.”
The other five Sheetz stores in the Bitcoin ATM pilot are in Altoona, Chambersburg, Harrisburg, Pittsburgh and Winston-Salem, N.C.