Bitcoin ATMs are undeniably growing in number, and they’re becoming more accessible to the public. You can find these crypto ATMs in major cities like London, New York City, and Tokyo, but also in smaller cities. To learn more about the rapid increase of these crypto ATMs, and why you will surely find a Bitcoin machine near me, read on.
There Are More Than 10,000 Bitcoin ATMs Worldwide
There are more than 10,000 Bitcoin ATMs worldwide, growing in popularity in many countries around the world, including the United States, Canada, Australia, and the United Kingdom. Bitcoin ATMs are a great way to buy bitcoins with cash because they don’t require any registration or verification process.
To use a Bitcoin ATM, just insert your money and scan your wallet’s QR code on the screen (or type in its address) to send coins directly from your digital wallet. You can also sell bitcoins at these teller machines if you want some extra cash for whatever reason.
Bitcoins Are Digital, But You Can Use Them In Physical Stores
Nowadays, you can buy things with bitcoins online and in physical stores. You can also use your Bitcoin wallet on your phone to pay for things at the mall or coffee shop. And if you have a Bitcoin ATM near where you live or work, then it’s even easier – just insert cash into the machine (which credits your account), enter an amount of BTC that corresponds with those bills, and get some cryptocurrency back.
You Can Buy More Bitcoin From A Bitcoin ATM
You can buy the bitcoin that you need from a crypto ATM in your local area, and you can also buy it from a crypto ATM in a different country or state, city, or even town. The way to do this is very easy, as you need to find the nearest Bitcoin ATM first. Then wait until someone has used the crypto machine before so there are no lines.
After doing so, just insert cash into the crypto machine (you need $20-$100 worth), then select how much you want to purchase (1 BTC = 1 unit). If everything goes right, then take away your receipt which tells you where to send crypto money online so that it reaches them safely.
You Can Sell Bitcoins To A Bitcoin ATM
Lastly, you can sell bitcoins to a Bitcoin machine near me, which is just like the ATMs you use for cash – except that they let you buy and sell bitcoins instead of dollars. You’ll need to have some cash on hand before using crypto ATMs. So if you want to buy Bitcoin with cash at an ATM, look in the machine’s user interface for options such as “Deposit Cash” or “Withdrawal.”