5 min read
Who says buying cryptocurrencies is difficult? If you want to attract to your business crypto-lovers and also crypto-curious, take a look to the benefits of having a bitcoin ATM at your store.
Bitcoin ATMS are increasingly popular as a method of buying cryptocurrencies because it is a simple, close and familiar; replicating the method of classic ATMs.
The option to buy bitcoins online is also a very comfortable and safe alternative. However, buying bitcoins or another type of crypto using cryptocurrency ATMs means going one step further in order to get digital currencies familiar.
Still without an ATM with vouchers redeemable for bitcoin and other cryptocurrencies? Below you can find out all the benefits it offers for both your business and your customers.
Cryptocurrency ATMs: How do they work?
According to Coin ATM Radar, there are currently more than 6000 cryptocurrency ATMs operating around the world.
Chart: Cryptocurrency ATM growth in the world
More specifically, there are 5,998 bitcoin ATMs in the world. That is, btc ATMs, ATMs that manage bitcoins. Although, to tell the truth, the vast majority work with more than one cryptocurrency because you did you know how many cryptocurrencies exist today?
The top 5 countries with cryptocurrency ATMs are: United States (4041), Canada (725), United Kingdom (289), Austria (189) and Spain (85).
However, there are still doubts about how cryptocurrency ATMs work.
It is necessary to clarify that, in most cases, the user doesn’t directly buy bitcoins that are added to his wallet. For example, bitnovo ATMs issue vouchers redeemable for bitcoins (BTC) once you transfer them to your wallet.
Normally, these vouchers are purchased only with cash and also have an expiry date of 3 months to be exchanged.
The process of buying Bitnovo vouchers is fast and very intuitive. The user only have to go to an ATM, follow the steps indicated on the screen, enter the money and save the voucher. Then, the buyer must exchange it through the bitnovo website or app, transfer them to the wallet and that’s it.
If you are interested in having one of these ATMs, it is time to discover the bitnovo ATMs with vouchers redeemable for cryptocurrencies in a very simple way.
Benefits of bitcoin ATM
As a user, an ATM of bitcoin and other cryptocurrencies will interest you for all these advantages:
- Transactions and payments are made quickly and safely. ATMs execute purchase and sale requests almost instantly.
- Accessibility. You don’t need to have coverage or Internet access. You simply have to find one of the many ATMs near your location.
- No questions and no records.
- They allow you to buy cryptocurrency directly with cash.
- Transactions carried out entail a commission cost normally lower than the commission charged, for example, by banking entities per transaction.
As a company, having a bitcoin and cryptocurrency ATM in your store also means certain benefits such as:
- Attract new customers and grow your business. Crypto-lovers and crypto-curious Crypto-lovers and crypto-curious people will come to your store on a regular basis.
- Generation of new opportunities and business expectations, granting a certain reputation to your business.
- No risk from fluctuations. If the price of the cryptocurrencies changes, it doesn’t affect you!
- Guaranteed commissions for your top up. You will receive money for each management in your ATM as a commission.
So, if you want to position yourself at the forefront of this new technology, don’t wait any longer and order your cryptocurrency ATM now. A good decision.