• May 21, 2024

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Media Markt Installs Bitcoin ATMs

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German electronics retailer Media-Saturn is installing bitcoin ATMs in its stores.

MediaMarktSaturn announced on June 1 that in early May, three Saturn electronics stores in Cologne, Frankfurt and Dortmund started operating cryptocurrencies.

As part of a six-month pilot project, Saturn customers will be able to convert fiat currency into BTC or ETH and load them onto their digital wallets.

Saturn plans to offer its visitors a convenient entrance to the world of cryptocurrencies. According to Christian Stefan, the company’s head of innovation research, demand for cryptocurrencies is growing, especially among tech-savvy retail customers.

The initiative has been developed in collaboration with Kurant, an Austrian leader in the European market for cryptocurrency ATM distribution.