The main reason for being for any currency, whether virtual or not, is to facilitate the purchase and sale of goods and services. A goal in which Bitcoin ATMs can be a fundamental piece, by allowing crypto market users to sell small amounts of BTC in exchange for cash.
Therefore, it is important to know where these ATMs are to take advantage of them.
Where are the Bitcoin ATM?
The past few years have represented a true revolution for Bitcoin ATMs. And it is that, from just a handful of them, there have been thousands of cryptocurrency ATMs around the world.
In this way increasing the options that cryptoactive users have to obtain fiat cash in exchange for their virtual currencies.
The problem is that even though exchanging Bitcoin for money is a fairly straightforward process, there is still misinformation about the use and location of these machines.
This is due to the relatively small number of them that exist in the world, compared to the number of users. As well as the lack of diffusion of the places in which they are installed.
For them, the use of Coin ATM Radar can be very helpful. Having a database with 7,187 ATMs distributed in 75 countries around the world. Also having ATM records of Bitcoin, Bitcoin Cash, Ethereum, Dash, Litecoin, Monero, ZCash and Dogecoin. This will make it much easier for you to locate an ATM near you.
All you have to do is put your address in the search bar of the platform or select the option “Use my current location” to use your current location. Later you will have to select if you want an ATM that allows you to buy or sell cryptocurrencies and with which cryptocurrency you want to trade.
This will display an ATM listing near your selected location. Including information such as the fees that each one charges, the purchase and sale limits, the distance it is from you and the score that other users of the platform have assigned it.
The current importance of cryptocurrencies
The possibility of finding a Bitcoin ATM near you is not anything. Especially at a time when the world economy is going through a period of great instability, due to the regrettable advance of the Coronavirus. Disease that is causing the main financial markets of the world to collapse and which has already affected the price of Bitcoin in recent days.
Therefore, having the opportunity to buy and sell Bitcoin, Ethereum or whatever is your favorite cryptocurrency, quickly and easily through an ATM, is important to cope with the worst effects of the pandemic on the economy.
Whether to safeguard your capital by acquiring cryptocurrencies automatically. Or conversely, to get fiat money in exchange for your crypto assets even while you’re on the street. Cryptocurrency ATMs are an option that you should consider, for which you will always have Coin ATM Radar at your disposal.