Bitcoin gained over 300% last year and the cryptocurrency is picking up speed by the day. The success of bitcoin as an investment has led people all over the world to start trading in this lucrative cryptocurrency.
If you’re thinking about getting involved, you may be overwhelmed and unsure how to navigate the whole process. That’s where bitcoin ATMs come in.
These easy-to-use machines are revolutionising how people buy and sell bitcoin. Check out these 5 benefits of the cryptocurrency ATMs.
1. Available All Over the World
You may be thinking that a bitcoin ATM is limited by its availability. But you’d be wrong. Bitcoin ATMs are currently in 60 countries and more are popping up by the day.
As the popularity of investing and using bitcoin grows, so too will the number of automated tellers near you.
Check out https://www.bytefederal.com/ to find the nearest bitcoin atm — you may just be pleasantly surprised!
2. Rapid Transactions
Purchasing with bitcoin as well as selling and buying bitcoin couldn’t be easier and quicker. One of the pain points of using cryptocurrency is the snail pace of transactions due to verifications and red tape.
Bitcoin ATMs have changed the game. You can complete transactions in just a couple of minutes. You won’t have to go through the clunky online process, navigating all the frustrating obstacles anymore.
3. Improved Security
A lot of the most important bitcoin advice is focused on security. Using a cryptocurrency that is based on online exchange is a revolutionized system, but of course, it’s vulnerable to cyberattacks.
Bitcoin ATMs offer improved security as you don’t need to link a bank account or credit card the same way you need to at an online exchange. You only need to use the exact amount of money that you want, without providing any of your sensitive data.
What’s more, the bitcoin ATM companies work hard to encrypt and secure your information.
4. Easy to Use
Buying and selling bitcoin may seem like a very foreign concept to you. Navigating online exchange to start the process of trading is an unfamiliar task. Yet, bitcoin ATMs are easy to use as you’re already familiar with how to use a standard automated teller machine.
These machines give you a little cryptocurrency help, with a smoother and more familiar process. This makes trading bitcoin accessible for everyone.
Do you need some money abroad and don’t want to go through the hassle of exchanging currencies with exorbitant rates? Simply use a bitcoin atm instead. This is just one of the flexible benefits of a bitcoin ATM.
Additionally, the fact that these ATMs are located all over the world means that you have the freedom to buy and sell bitcoin no matter where you are. And you don’t even need a customer account to do it! Neat, right?
Ready to Start Using Bitcoin ATMs?
Bitcoin ATMs make it easy and simple for anyone to get involved in buying and selling bitcoin. So, what are you waiting for? Find out where the nearest ATM is and start getting involved in the cryptocurrency revolution.
Did you enjoy this post? Read more informative finance-related content on our website – keep exploring for more articles!