Area Sheetz stores offer Bitcoin purchasing stations

The Associated Press / A man makes a purchase from a Pennsylvania Lottery machine, left, next to a Bitcoin ATM machine in a Sheetz convenience store in Pittsburgh, Tuesday, July 9, 2019.

Residents in the Altoona and State College areas are able to buy and redeem Bitcoin with U.S. dollars at kiosks in two area Sheetz stores.

Sheetz has installed Bitcoin ATM kiosks at six stores in Pennsylvania and North Carolina. Local stores with the kiosks are 1915 Pleasant Valley Blvd., Altoona, and 101 Valley Vista Drive, State College. The other stores are in Chambersburg, Pittsburgh and Harrisburg in Pennsylvania and in Winston-Salem., N.C.

The Altoona-based convenience store chain is partnering with Coinsource, the world’s largest Bitcoin ATM network.

“Sheetz is constantly innovating and pioneering new offerings to give our customers what they want, when they want it, 24/7,” said Ryan Sheetz, AVP of Brand at Sheetz, in a statement. “As cryptocurrency increases in popularity and demand, we are excited to add this service in our continual mission to be the ultimate one-stop-shop.”

“Coinsource is excited to partner with Sheetz to bring Bitcoin ATMs to Sheetz customers,” said Sheffield Clark, CEO of Coinsource, in a statement.

“This partnership works because our missions are so similar: we both take pride in offering our customers convenient solutions to their day-to-day routines,” Clark said. “With this pilot, Sheetz customers will be able to just as easily pick up Bitcoin as they could a fresh cup of coffee and morning bagel.”

With more than 250 machines nationwide, Coinsource offers a convenient and secure way to buy and sell Bitcoin with cash. Coinsource is the leader in enforcing financial compliance standards and prides itself on its Anti-Money Laundering and Know Your Customer procedures.

Customers can transact as little as $5 and as much as $5,000 per day from a Coinsource ATM. To use the machines in a store, customers must enroll with Coinsource.

To enroll and learn more, visit coinsource.net.