Since Bitcoin set a new record, the popular cryptocurrency has been in great demand. As cryptocurrency continues to gain widespread recognition, it is important to make it more accessible to anyone looking to join the ongoing financial revolution. Currently, the majority of Bitcoin purchases are on online exchange and trading platforms, which discourages many from diving into the cryptocurrencies due to concerns about the trustworthiness of these platforms.
Bitcoin ATMs are a familiar solution to the above problem that makes it easier for the public to acquire the cryptocurrency. Similar to regular ATMs, these machines are physically accessible and easy to use, which makes them ideal for those who are unsure whether they are using online platforms. Even those familiar with cryptocurrencies will find such machines in strategic locations useful to meet crypto needs.
However, there aren’t many Bitcoin ATMs around the world. This is about to change, however, as Bitcoin of America struggles to ensure that every city in every state in the US receives at least one Bitcoin ATM. Bitcoin of America currently has a network of over 600 Bitcoin ATMs in the US. The number is expected to increase as the network continues to expand rapidly, adding 100 to 150 new machines each month.
Bitcoin of America ATMs are conveniently located in local businesses that are frequently visited. These machines are located in a familiar environment and create a trusting atmosphere for those who wish to buy Bitcoin through a platform registered by FinCEN. The program also helps these companies generate additional income by sharing transaction fees for Bitcoin purchases. In return, all you have to do is provide some space for the machine as well as power and internet connection.
Aside from the bitcoin ATMs, the Bitcoin of America host program also has bitcoin portable tablets that can be distributed to partners who may not have enough space for a bulky machine.
With the company handling all of the logistics and compliance formalities, it’s easy to become host to one of the fastest growing Bitcoin ATM and kiosk networks. Bitcoin of America also ensures that these locations are adequately known through advertising on various digital channels, resulting in these host locations receiving increased pedestrian traffic. Bitcoin of America lists all of the 600+ locations on its website. These ATMs are also listed on websites like Coin ATM Radar along with other global locations for better visibility.
Bitcoin of America also offers a mobile wallet app to buy, sell, and store your crypto assets.
Learn more about Bitcoin of America at – https://www.bitcoinofamerica.org/