Bitcoin ATM’s- Will They Take over the World?
It was another day to hop and shop as the festival season is just around the corner, as I wanted to distress and have a shop till I drop experience, my utter distress of not carrying my wallet dawned upon. There I was in the midst of the sea of brands just calling out to me, to own them, just pick them up from the counter! Suddenly all the brands started blurring out form my eyes and tears welled up, I was standing in the upscale shopping arcade without my cards and money. As I was trying to calm down my nerves, I noticed a bright sign on the same floor of a Bitcoin ATM.
I thanked all the gods and rushed to the ATM, simple and easy way to buy, sell and withdraw cash without having to use any card. I was brimming with pride, as I was grateful to install the digital wallet just a few weeks back on my phone, completed the transaction, with ease, even withdrew physical cash, and continued my de-stressing entourages. In all this experience, there was a lot of learning, and how advanced technology has come of its age.
- these ATM’s are found at prominent places everywhere today, with an easy way to buy and sell bitcoins
- they are convenient and reliable to use, with a set of instructions that will guide all while using the ATM
- they are safer alternatives than cash as there is no physical burden of carrying them around, as long as you have a digital wallet in the phone
- these ATM’s can serve the dual purpose of buying, selling coin currency and draw local currency, though the transaction charges are high
- these ATM’s are serving as trading points, just deposits the bank notes through the ATM and quickly access the markets with the coin currency added into your digital wallet
As we were busy, trading in the online trading platform Bitcoin Trader, there seems to be another quick way to jump the guns and execute quick trades from the Bitcoin ATM’s. Using the trading platform is integral part to execute the trades, using the Bitcoin Trader platform or the app version from your phone, and execute favorable winning trades, within a few trades, withdraw the profits from the ATM in local physical currency or add on the profits into the digital wallet for the next successful venture.