Media Markt Prepares to Install Bitcoin (BTC) ATMs

Media Markt, one of Europe's largest electronics retailers, will install Bitcoin ATMs in its twelve branches in Austria
 Media Markt Prepares to Install Bitcoin (BTC) ATMs
READING NOW Media Markt Prepares to Install Bitcoin (BTC) ATMs

Media Markt, one of Europe’s largest electronics retailers, will install Bitcoin ATMs in its twelve branches in Austria.

Customers will be able to purchase Bitcoin from Kurant vending machines. Originating as a spinoff of Coinfinity, Kurant currently operates 200 Bitcoin ATMs in Austria, Spain, Greece, and Germany.

The company first started testing Bitcoin ATMs at one of its branches in Vienna in 2019. Now, due to the increasing demand, it has decided to expand its operations.

Media Markt has over 1,000 stores from various European countries.

Last year, American retail giant Walmart partnered with Coinme to install 200 Bitcoin ATMs across the US.

According to data provided by CoinATMRadar, there are more than 36,806 Bitcoin ATMs worldwide. Many of them are deployed to the USA.

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