Cash into the World of Crypto
Turn your cash into cryptocurrency with Coinstar. With almost 5,000 participating kiosks nationwide, we make it easy to convert your cash into cryptocurrency through our partner Coinme.
Cash into the World of Crypto
Turn your cash into cryptocurrency with Coinstar. With almost 5,000 participating kiosks nationwide, we make it easy to convert your cash into cryptocurrency through our partner Coinme.
HOW IT WORKS
Convert Cash to Crypto in Three Easy Steps
Set Up Your Digital Wallet
Create an account with our partner crypto wallet provider, Coinme.
Visit a Kiosk Near You
Locate a crypto-enabled Coinstar kiosk using our Kiosk Finder or directly from the Coinme app.
Complete Your Transaction
Follow the steps on the screen, insert your cash, and crypto will be credited to your Coinme wallet promptly.1
A Convenient Way to Manage Your Crypto
To get started or to manage your cryptocurrency while on the go, create an account and set up your digital crypto wallet with our partner – Coinme.
Coinme
Through an ongoing partnership, our crypto-enabled kiosks also integrate with the Coinme digital wallet.
With Coinme, you can:
- Buy crypto using a debit card or cash.
- Manage, buy/sell, and send/receive crypto funds.
- Track crypto prices and manage your portfolio.
- Choose from seven supported cryptocurrencies.
CRYPTOCURRENCIES
From Bitcoin to Beyond
Our kiosks offer multiple cryptocurrency assets to choose from. Along with Bitcoin, altcoins and tokens such as Ethereum, Dogecoin, and Chainlink can be purchased through Coinme with cash at Coinstar kiosks.
SAFETY AND SECURITY
Stay Safe
We understand trying something new with your money can be intimidating and stressful. Here is more information on how Coinstar kiosks help secure your crypto transactions – plus a few safety tips to keep in mind.
- LOCATION SAFETY
- SCAM PREVENTION
- WALLET SECURITY
Location Safety
Coinstar kiosks are placed in well-lit, high-traffic areas within our highly reputable retailers – usually near the front of the store – and often monitored by on-site CCTV or security personnel. To further enhance your security when transacting at a kiosk:
- Be aware of your surroundings. If someone is monitoring your transaction, stop and report the individual to store management.
- Be discreet, especially when depositing large bills.
Scam Prevention
To minimize risk, we have scam prevention alerts and fraud reporting mechanisms built directly into the on-kiosk purchase process. To further reduce your risk:
- Always question authenticity. Legitimate institutions will never demand payments in cryptocurrency.
- Beware of urgency. If you are being hurried to make a payment in crypto to someone you do not know or fully trust, stop and further question the situation.
Wallet Security
Our supported digital wallet provider helps keep your information and assets safe using data encryption, multi-factor authentication, and secure communication protocols. However, there are additional steps you should take to ensure top security:
- Keep it personal. Do not share your account password or PIN with others.
- Make it unique. We recommend using a password or PIN that is totally unique to your digital wallet account. Using the same password across your accounts increases your risk of a security breach.
FREQUENTLY ASKED QUESTIONS
You’ve Got Questions, We’ve Got Answers
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As with other Coinstar products, there are fees associated with using the crypto service. Generally, cryptocurrency purchases at our kiosks incur a 4% transaction fee and a spread fee up to 18.5% charged by Coinme. Fees may vary based on location and the amount of cash inserted.
The total amount of crypto being purchased – less the fees – will be shown for confirmation before you complete the transaction. Please note that rates may vary by cryptocurrency asset or as required under applicable state laws.
When purchasing crypto at a Coinstar kiosk, you will see a quoted conversion price that “locks” the amount of crypto you will receive in your Coinme wallet – regardless of any price changes in the interim.
Follow these steps to buy crypto at one of our kiosks today:
-
- Create your Coinme account
- Find a crypto-enabled Coinstar kiosk near you
- Select “Cryptocurrency” on the kiosk screen then choose the type of cryptocurrency (e.g. Bitcoin, Dogecoin) that you’d like to purchase
- Enter the phone number associated with your Coinme wallet account
- Insert cash into the kiosk (sorry, coins are not accepted for crypto transactions)
- If your purchase is approved by your Coinme, crypto will be credited to your wallet account promptly*
- Sign in to your Coinme wallet account to review purchase
* Subject to any limitations under applicable law and the Coinme Terms of Service
Along with Bitcoin (BTC), altcoins and tokens such as Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Chainlink (LINK), Polygon (ETH), and Stellar (XLM) are supported by Coinme and can be purchased with cash at select Coinstar kiosks.
Note that available cryptocurrencies are subject to change without notice.
You can find a crypto-enabled Coinstar kiosk available near you by using our Kiosk Finder.
If you already have a Coinme wallet account associated with the phone number you entered at the Coinstar kiosk, you can access your crypto funds instantly by logging in to your Coinme account.
If you do not yet have a Coinme account, you will need to create one with the phone number that you used when making your crypto purchase at the kiosk.
Yes, in most cases, the maximum purchase limit is up to $3,000 per day for customers who have completed the full KYC verification process – but is subject to change at our and/or our partners’ discretion.
For customers who have not yet completed the full KYC verification process through Coinme, their lifetime deposit limit will be limited, subject to applicable state laws. Certain states or areas could have unique restrictions, so always check with the kiosk for case-specific information.
Learn more about Coinme’s KYC process and requirements below.
Yes, you will get receipt confirming your purchase. Please note that if you already have a Coinme wallet account associated with the phone number you entered at the Coinstar kiosk, you do not need to take any further action. If your purchase is approved by Coinme, crypto will be credited to your wallet account promptly*. You can review your purchase any time by logging in to your wallet.
If you do not yet have a Coinme account, you will need to create one using the same phone number that you input when making your crypto purchase at the kiosk.
* Subject to any limitations under applicable law and the Coinme Terms of Service.
Yes, you can buy crypto, like Bitcoin, at Coinstar without first setting up an account with Coinme.
However, after your purchase, you will need to create a Coinme account using the same phone number that you used to buy crypto at the kiosk.
Be aware that in order to access and/or manage the crypto funds in your wallet you must complete and pass Coinme’s KYC verification process.
Once your account setup is complete, you can access your crypto funds anytime using your secure login.
If the phone number entered at the Coinstar kiosk is the same as the phone number associated with your Coinme account, your cryptocurrency purchase should be available in your wallet after the transaction is completed at the kiosk*
*Subject to any limitations under applicable law and the Coinme Terms of Service
Yes, you can transfer crypto funds to/from another digital wallet using your Coinme digital wallet.
No, you can only use paper money to buy crypto at Coinstar.
The Coinstar kiosk cannot give change back, so you must load the exact amount to buy your crypto. If you want to purchase a lesser amount than you have, you can break down your larger bills to smaller denomination bills at the cash register before using the Coinstar kiosk.
You must be 18 years of age or older and possess identity documentation, including a valid state-issued driver license, ID card, passport, residency permit card, or temporary visa.
We hope to offer this service at as many Coinstar locations as possible. However, only paper money can be used for crypto transactions, so we can only offer this service on Coinstar kiosks that have bill acceptors and comply with local, state, and federal regulations. The good news is that we are actively extending this service across our fleet of kiosks, and crypto purchases should be available at over 10,000 of our locations very soon—check back for updates!
If you already have a Coinme account associated with the phone number you entered at the Coinstar kiosk, you do not need to take any further action. If your purchase is approved by Coinme, crypto will be credited to your wallet account promptly*. You can review your purchase any time by logging in to your Coinme wallet account.
If you do not yet have a Coinme account, you will need to create one using the same phone number that you input when making your crypto purchase at the kiosk.
Be aware that in order to access and/or manage the crypto funds in your wallet, you must complete and pass Coinme’s KYC verification process.
* Subject to any limitations under applicable law and the Coinme Terms of Service
You can buy or sell cryptocurrency through Coinme in several ways in several locations.
To buy crypto in person with cash at a Coinstar kiosk, find a crypto enabled kiosk near you.
You can also use the Coinme mobile app to purchase or sell cryptocurrency directly with Coinstar’s partner.
Services may not be available in all states.
No, there is no minimum purchase amount. However, cryptocurrency can only be purchased on the Coinstar kiosk using paper money, so at least $1 is required to make a valid purchase.
If the amounts don’t match, please reach out to Coinme’s customer service directly.
Coinme support
Call – (888) 459-9780
Chat – support.coinme.com
For California residents only: https://help.coinme.com/en/articles/15308176-contacting-coinme-customer-support
We are not aware of any Coinstar retail partner that accepts cryptocurrency for payment—you can inquire with the retailer directly for up-to-date information
No. There is no plan for allowing the sale of Bitcoin and other cryptocurrencies through Coinstar kiosks at this time.
We mitigate fraud through the following measures:
- Robust Know Your Customer (KYC) processes conducted via our digital wallet partners
- Coinstar purchases are tied to a verified phone number
- Risk-based transaction limits
- Fraud prevention messaging throughout the purchasing process
- Active fraud prevention monitoring
The KYC verification process is completed by our supported wallet provider, Coinme, and allows them to verify your identity as required under the Bank Secrecy Act and other applicable anti-money laundering and sanctions compliance laws, and in an effort to mitigate fraud.
Completing the KYC process often allows for added wallet benefits like enabling higher daily transaction thresholds.
The KYC verification process typically involves giving/validating a mobile phone number, providing proof of a valid ID, and a selfie “liveness check” to ensure a match with the provided ID. Learn more about Coinme’s KYC process and requirements below.
Coinstar collects phone numbers to generate the voucher necessary to claim your crypto, as well as email addresses.
However, Coinme is the party responsible for collecting any additional customer information. They are also primarily responsible for applicable compliance obligations, including the Bank Secrecy Act.
Yes. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero. A list of common risks associated with cryptocurrency purchased through our provider is available within the agreement below.
Cryptocurrency is a type of digital currency that can be sent from person to person without the involvement of a third party like a bank or other financial institution. Cryptocurrencies are part of decentralized networks, meaning they often offer autonomy and enhanced transparency. Crypto transactions are also often faster and less expensive than traditional bank transfers.
Blockchain represents a growing area of interest in many aspects of technology and is perhaps most known for its association with cryptocurrency. At its most foundational level, blockchain technology is used to store and disperse information across a network of users without allowing for free editing. Basically, it provides a secure network of information sharing for digital assets, including currency and transactions.
A Satoshi is the smallest increment of Bitcoin possible for a transaction, at 0.00000001 BTC, it isn’t widely used as a currency or unit of measurement at this time.
Bitcoin is a popular cryptocurrency that is known for being the first global, decentralized currency. This means it was the first digital currency that could be sent from person to person without the need for a trusted third party like a bank or other financial institution. It is also commonly referred to as BTC, which is an abbreviation similar to USD. Like most other cryptocurrencies, Bitcoin leverages math, cryptography, and blockchain technology to enable financial transactions.
Generally, yes. A “wallet” is a place that stores crypto ownership keys and protects them from bad actors and other cyber threats. As a functioning omnibus custodial wallet, Coinme stores cryptocurrency on your behalf while giving you the ability to manage your assets digitally using your personal account login.
To get started buying crypto, create a Coinme account today!
For support on purchasing cryptocurrency at Coinstar kiosks2, please call: 800-928-2274.
Available Monday to Saturday from 5 a.m. – 8 p.m. PT.
1 Delivery time between cash deposit at kiosk and availability in digital wallet is subject to any limitations under applicable law and Coinme Terms of Service.
2 Coinstar customer support does not provide financial advice. For money or tax-related questions, please consult with a financial advisor or licensed professional.
Available assets
Popular tokens available for purchase with cash at crypto-enabled Coinstar kiosks.
Bitcoin (BTC)
Ethereum (ETH)
Litecoin (LTC)
Dogecoin (DOGE)
Chainlink (LINK)
Stellar (XLM)
Bitcoin Dollar (BTCD)
Polygon (ETH)