Retail giant Walmart has reportedly formed an alliance with coin-cashing machine firm Coinstar and crypto-cash exchange Coinme, to complete the installation of  200 Bitcoin (BTC) ATMs in its stores throughout America. 

Specifically, despite the scope of the pilot covering only 200 kiosks, the wider rollout plans will reportedly finalize the installation of 8,000 Bitcoin ATMs nationwide. Per Bloomberg, a particular timeline is yet to be disclosed. 

As revealed by Coin ATM Radar, there are more than 25,000 Bitcoin ATMs at select grocery stores and service stations throughout America at the moment. Coinstar takes care of the operation of 4,400 kiosks supporting Bitcoin purchases throughout 33 states. 

Sam Doctor, chief strategy officer and head of research at BitOoda, reportedly revealed that Bitcoin ATMs is an introduced technical innovation, and has been present at a variety of supermarkets. 

“Walmart expands Bitcoin access to more people, though, and gives it further legitimacy among skeptics, should they roll it out beyond an initial pilot.”

Customers will reportedly need to insert a banknote and receive a paper voucher containing a redemption code to use the Bitcoin ATM. 

For the code redemption, customers are then required to register a Coinme account and finalize a background check. Users will not be able to carry out Bitcoin withdrawals from their accounts, with no additional details of further plans to support this feature in the near future. 

The Bitcoin ATMs reportedly comes with an 11% surcharge, including a 4% fee for the Bitcoin option together with an extra 7% cash exchange fee.