Men and women often buy and sell Bitcoin from the comfort of their homes. They don’t have to get dressed and go out to invest in this asset. For this reason, a person may wonder why they should visit a Bitcoin ATM to complete a transaction. Several reasons account for why a person may wish to take this step. The following three reasons remain at the top of the list for many people today.
A person may wish to invest in Bitcoin but find they are unable to do so because they lack a conventional bank account or a credit card. This prevents this from purchasing cryptocurrency using their home computer. In addition, men and women who want to convert their cash to Bitcoin find they cannot do so using the internet. They must consider other options, as the official site doesn’t permit them to do this online.
An ATM kiosk allows them to use cash and make this purchase, so nobody has to miss out on this investment. To send cash or use Bitcoin to send money to someone else, visit the Bitcoin ATM and insert cash. Choose which Bitcoin wallet to send the funds to and complete the transaction. The recipient converts the crypto on their end and withdraws their cash. The entire process takes minutes to complete. For those who want to sell Bitcoin, the ATM allows for this type of transaction as well. The process is quick and secure and the proceeds can be withdrawn in cash.
No Cryptocurrency Exchange Involvement
When a person chooses to use an ATM, the money or cryptocurrency doesn’t go through an exchange. According to realtimecampaign.com, the ATM comes without the security risk seen with many cryptocurrency exchanges. This allows the user to feel confident that their transaction is secure and instantaneous. Many exchanges have been hacked, which concerns users, and the transactions can take time to complete. The ATM eliminates these concerns, which users appreciate.
A New Bitcoin ATM opens in Catasauqua, PA for buying and selling cryptocurrencies, so users find they no longer have to wait for their funds when they choose to sell Bitcoin. The exchanges require the use of a bank account or credit card, and the owner remains at the mercy of this exchange when it comes to the time needed to complete the transaction. When using an ATM, the individual finds the purchase or sale is completed instantaneously. People who need cash fast appreciate the opening of the new KIOSK and others like it. The kiosks simplify their cryptocurrency transactions.
One reason many people don’t use cryptocurrency exchanges is they wish to keep their personal information private. An ATM allows them to do so. They only need to provide minimal information to buy and sell cryptocurrency. The ATMs don’t require users to open an account to use the service. However, any theft of the funds may possibly be traced, so a person can’t assume they will remain completely anonymous regardless of which method they use to buy and sell their coins.
The above benefits serve as only three of countless reasons people appreciate the new cryptocurrency kiosks. They allow users to handle all cryptocurrency transactions quickly, easily, and securely.