Can To Buy Bitcoin At Walgreens
In the little over 10 years since its creation, Bitcoin has gone from a great idea on paper to a truly global currency used by millions of people.
The number of people holding Bitcoin is higher than ever, and adoption of the cryptocurrency is following an exponential curve, just like the internet did in its early days.
And the number of businesses accepting Bitcoin as payment is growing by the day.
Whether it’s shopping the Xbox store, loading gift cards, or even buying tickets to the Dallas Mavericks, spending your Bitcoin has never been easier.
But how can you get your hands on some Bitcoin in the first place?
The best way for most people will be to use a crypto exhcange. With so many out there, though, choosing which one to use can be a tough decision.
Exchanges have different fees, limits, supported assets, etc. We’ve created this detailed guide to help facilitate the process of picking a Bitcoin exchange.
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Another option is using a Bitcoin ATM. Bitcoin ATMs let you buy Bitcoin and other digital assets with cash or a debit card.
Find the closest Bitcoin ATM to you by using our map. Transactions are quick and easy, usually taking less than 10 minutes. Most don’t require you to input any personal information.
You can buy and sell a range of different cryptocurrencies and digital assets at most Bitcoin ATMs, though all will accept Bitcoin itself.
Cash App, one of the most popular peer-to-peer payment apps, makes buying Bitcoin a breeze. You can purchase BTC from directly within the app and even set up recurring buys to dollar-cost-average (DCA) your way into Bitcoin.
Walgreens does not currently sell Bitcoin at any of its locations.
However, while it may not currently be possible to buy Bitcoin from Walgreens, there is a way you can buy Bitcoin at Walgreens.
Let’s run through how to buy Bitcoin at Walgreens using Paxful.com and a MoneyPak transfer.
Paxful is a peer-to-peer (P2P) marketplace where users can buy and sell Bitcoin with a range of payment methods, similar to LocalBitcoins.com.
MoneyPak allows you to send cash to any prepaid or bank-issued debit card.
There are over 70,000 locations where you can initiate a MoneyPak transfer in the U.S., including thousands of Walgreens, Rite-Aid, CVS, and 7-Eleven stores.
First off, you’ll want to create a trade on Paxful. It’s best to do this before buying a MoneyPak, so you know how much to load the card with and that you do in fact need it.
To trade, you will need to create an account and verify your identity.
In the payment method dropdown menu, select MoneyPak. You will now be shown all current offers to buy Bitcoin using a moneypak transfer.
If you’re responding to an offer, note that sellers can set their own price. This means that the price can deviate wildly from the spot price at the time of the trade. In this case, the price is up to 60% higher.
To avoid this, you can create your own offer and define the price at which you’re willing to buy.
Once you’ve agreed on the terms of trade with the seller, the next step is to buy a MoneyPak.
After finding the closest location to you, go to the prepaid card rack and take a MoneyPak and your cash to the register. Each MoneyPak costs $5.95 and allows you to send anywhere from $20 to $500.
Once the cashier has loaded the funds onto your MoneyPak, scratch the label of the back of the package to reveal your unique code. This is what you will send to the seller so that they can retrieve the funds.
Send the scratch-off code that you just revealed to the seller. They will log in to their MoneyPak account and be able to withdraw the funds to their prepaid or bank debit card.
When the seller confirms that they’ve received your transfer, the Bitcoin will be released from escrow and you’ll have successfully bought Bitcoin at Walgreens!
And that’s it! Once you’ve got your Bitcoin purchased at Walgreens with MoneyPak, you’ll probably be interested in figuring out how to store it safely.
We’ve got you covered there with our review of the best crypto wallets. Crypto gives you back control over your own money, but of course, with great power comes great responsibility.
Welcome to the world of Bitcoin, we hope you enjoy your stay!