You could be sitting at home, in front of your computer, and buy or sell Bitcoin online, in your pajamas. Why would you want to go in person to a location with a Bitcoin ATM to make a transaction?
Here are 3 Good Reasons to Use A Coinsource Bitcoin ATM:
- It Uses Cash
Using a Bitcoin ATM to purchase or sell Bitcoin with cash is a no-brainer for people who either don’t have credit cards or a traditional bank account, or who want to convert cash to cryptocurrency. Instantly buy Bitcoin in a super-easy process using cash and the convenience of an ATM kiosk.
Sending Cash: If you don’t own Bitcoin, or you don’t want to use your own Bitcoin to send money to someone, you can insert cash into a Bitcoin ATM, indicate the Bitcoin wallet you want to send it to, and the recipient can convert it on their end, withdrawing cash from the ATM kiosk. In minutes.
Selling Bitcoin: If you do want to sell Bitcoin, you can do so quickly, securely, and withdraw the proceeds in cash. Fast.
- It Bypasses Cryptocurrency Exchanges
When you create an account with Coinsource, and use a Coinsource Bitcoin ATM, you are not sending money or cryptocurrency through an exchange. Coinsource’s secure peer-to-peer network avoids the security risk that cryptocurrency exchanges can experience, which means your transactions are secure and instantaneous. Crypto exchanges have proven to be hackable, and transactions can take quite a while to complete. Not with Coinsource.
- You Don’t Have to Wait
It’s common for users of crypto exchanges to be told that it can take weeks (weeks!) to get their money from selling their own Bitcoin. You have to have a bank account or credit card associated with your account and you are at the mercy of the timetable that the exchange determines. With a Coinsource Bitcoin ATM, purchases are instantaneous and when you sell your Bitcoin, you have your cash, in hand, in mere moments.
These are just three great reasons to get up off the couch and head to the nearest Coinsource Bitcoin ATM to handle all of your cryptocurrency transactions securely and quickly.
Coinsource is the largest Bitcoin ATM operator in the world, and was the first Bitcoin operator to be granted the coveted BitLicense from the New York Department of Financial Services.