Want to try your luck in Bitcoin trading? Or, you wish to upgrade your crypto trading skills by learning how to buy Bitcoin at Walmart. Well, recently in a news statement, the shopping giant Walmart announced that it will be making it available for people to buy Bitcoin at their stores. Sounds amazing? Well, it definitely is a big turn in the crypto industry when you get to know that cryptocurrencies cannot be only bought at a crypto exchange but also at Walmart.
Thus, through the following sections, we’ll be guiding you through the procedure to buy BTC from a Walmart store where they have started to extend this service to the users.
Stepwise procedure to buy Bitcoin at Walmart
Well, there are a few stages that you need to undergo in order to get this task completed. So, the stages have been listed below so that you can undergo them one by one:
Stage 1- Set up a wallet for storing the purchased crypto
Stage 2- Create an account on one of the P2P exchanges (Bitcoin at Walmart)
Stage 3- Fund your crypto account
Stage 4- Visit Walmart to make the purchase
Now, that we have the blueprint of the things that we need to undergo to buy BTC at Walmart, let us now discuss these points in length.
Procedure to buy Bitcoin at Walmart
The stepwise procedure that is involved in buying Bitcoin has been discussed in length in the procedure given below. For this, you need to refer to the instructions enlisted in each section:
- Set up a crypto wallet account
As described already, you will need to create a wallet account in order to store your crypto funds in it. Well, crypto wallets are different than the wallets that we use to carry cash. There are different types of crypto wallets available in the marketplace- desktop wallets, online wallets, mobile wallets, hardware, and paper wallet. Now, you need to ensure that the wallet you have chosen supports BTC. If it does, then you can definitely go ahead with setting up your wallet.
- Choose a P2P exchange that lets you undergo Walmart to Walmart transactions
Now, you need to make sure that you choose a seller that allows you to undergo such transactions. After you have decided about the same and picked up a seller, you need to ensure how much BTC you want to purchase. Thereafter, you need to decide on a payment method that you want to use. next up, you will be provided with some details by your P2P and these details would be then used in the next stage.
Now, it’s time that you head to one of the supported Walmart stores where they allow you to buy Bitcoins. Once you have decided on that part, visit the store, and head to the Walmart Money Center. Now, when asked, you need to provide the details that you collected in the previous stage. After this, you need to pay them in cash which includes the service charges as well. Here, you’ll be provided with a receipt for the same.
As soon as you complete the above task, you need to ensure that you share the details with your BTC seller so that he can receive the cash amount as soon as possible. Usually, it takes around 10 minutes for the same.
And, that’s how you can easily buy Bitcoins with cash at Walmart. Next up, we shall have a look at the procedure to buy BTC at Walmart using the Walmart Gift card.
How to buy Bitcoin with Walmart gift card?
Well, there are a few online platforms that allow you to buy Bitcoins using the Walmart Gift card. And, one such platform that lets you do so is Paxful. On this exchange, if you wish to buy Bitcoin using the Walmart gift card, then you need to first sign up for a Paxful account. Once you do so, you need to find a vendor that allows you to purchase Bitcoin using the Walmart gift card. For this purpose, you have to click on the “Buy” option available on the main screen and then click on the “Buy Bitcoin” option. Once you do so, choose the payment option i.e. Walmart gift card, and complete the rest of the procedure.
Well, if you undergo the procedure in the same manner as it is listed above, then it would be very easy for you to buy Bitcoin at Walmart. At first, you may find this procedure a little complicated, but later on, you will realize that the procedure was quite simple and does not involve much of a hassle. Thus, you need to undergo each stage very carefully and ensure that you do not commit any mistakes while copying down the details from the seller as well as from the Walmart store.