As of 2021, around 106 million people in the world use cryptocurrencies. Within that pool, over 79 million people have unique Bitcoin wallets.
Cryptos have taken the world by storm, and you might be interested in getting in on this craze. Besides buying and selling these currencies online, you can also use a Bitcoin machine ATM.
But why should you use a Bitcoin ATM machine? Here are all the reasons why!
You Can Buy With Cash
A Bitcoin ATM allows you to buy Bitcoin with cash. So if you’ve got stacks of money in your house and you didn’t know what to do with it, why not visit a Bitcoin ATM?
You can quickly turn that physical currency into a digital one so you won’t have to worry about stashing or losing cash.
You Don’t Need a Bank Account to Use One
Because you’re dealing in cash, you don’t need a bank account to use a Bitcoin ATM. This means that not only is it easy and simple to use, but it’s also a great way to buy Bitcoin anonymously.
Since there’s no bank account linked, and the cryptocurrency goes into a digital wallet, no one will know what you’ve spent your cash on.
You Can Also Use Your Cards
While these machines are technically ATMs, you don’t have to just buy and sell with cash. You can sell and buy Bitcoin with a credit card. You can even sell or buy Bitcoin with your debit card if you wish!
With all these choices, you won’t be restricted to cold hard cash.
Speaking of “quick”, Bitcoin ATMs tend to have faster transaction times than online exchanges.
While it’s true that you still have to find a kiosk near you and then get to it, transaction times are a few minutes, tops. So you won’t have to wait very long to buy or sell Bitcoin.
There Are Many Locations
All you have to do is hop online, search “Bitcoin ATM near me”, and you’ll get tons of results. For example, this business will show you all their locations, so just pick one and go.
It’s very convenient, so you don’t have to go far to find one!
You Can Buy Other Things
Some Bitcoin ATMs don’t just allow you to buy and sell cryptos. They have additional functions, such as selling and dispensing gift cards.
So if a loved one’s birthday is coming up, you can purchase a present for them while trading crypto. It’s simple and easy!
Try Out a Bitcoin ATM Machine Today
As you can see, a Bitcoin ATM machine comes with many benefits. Not only can you deal with cash, but you can also take care of a number of other things as well, such as buying gift cards for loved ones.
But don’t just take our word for it. Find the nearest Bitcoin ATM to you and test it out for yourself!
Want to learn more about cryptocurrencies? Then find more info by browsing our blog page.