5 Reasons Why Bitcoin ATMs Are Still The Best Way To Get Bitcoins!

As the public's understanding of Bitcoin grows, more people are turning to Google to find out what it is and where they can buy some.

Now people are giving thoughts to buy bitcoin in San Francisco and across the United States. This is due to the fact of easy access to the bitcoin ATMs and safe transactions they assure.

However, we believe that far too many of us are aware that obtaining our first Bitcoin is fraught with difficulty. Therefore, here are five reasons why we believe Bitcoin ATMs are still one of the finest ways to do so.

Familiarity

People who are looking for a way to buy Bitcoin for the first time are inclined to stick with what they know. Although Bitcoin ATMs are not the same as traditional ATMs, they do have a comparable basic interface. A person approaches a machine and interacts with a screen to deposit or withdraw money. Persons don't want to get caught up in some strange snafu where they have to fill out lengthy documents, meet unknown people in shady locations, or link their bank accounts to internet transactions. People want to deposit $20 into a machine that looks like other devices they've seen before to get a piece of "this Bitcoin thing." Simply because of their relatively familiar interface, Bitcoin ATMs are a wonderful face for first-time Bitcoin buyers up to seasoned cypherpunks.

Usability

It's incredible to be able to convert cash into Bitcoin with just a few touches on a tablet screen. People prefer this type of simplicity since it requires little effort to obtain the coins. I've now used three various types of Bitcoin ATMs, and they are without a doubt the simplest method of acquiring bitcoin that I've ever used. The greater the ease with which the Bitcoin community around the world cuts the cost of acquiring coins, the sooner we will see widespread adoption. Make every effort to make bitcoin more accessible.

Speed

Buying via online exchanges like Coinbase can take up to a week, while Circle claims to allow fast purchases, although there have been multiple reports to the contrary. The Bitcoin ATM is a wonderful location to go if you want to avoid bank accounts, long lines, and dubious claims made by exchanges. One of its best benefits is the near-frictionless experience of purchasing using an ATM.

Tangibility

If you want to buy Bitcoin at an ATM, you'll need a physical wallet to keep them in. Some Bitcoin ATMs even allow you to print a paper wallet and have your coins transmitted to that wallet for transfer to another wallet. (This would enable you to purchase Bitcoin even if you left your phone at home or gave Bitcoin as a gift.) It's a fantastic feeling to have your coins safely saved in your wallet, which you alone control. And, because of their rapidity, ATMs provide a palpable sense of security, knowing that you won't have to wait 3-5 working days for your coins.

Inclusivity

If you have steady employment and a large bank account, you can simply open an account with Coinbase or Circle and transfer money directly from your bank account to buy Bitcoin. However, what if you are one of the world's underbanked or even unbanked? If you don't have a bank account, how can you receive Bitcoin? Well, an ATM might be one of the greatest possible possibilities for you because all you need is some cash and, occasionally, a cell phone number. These appear to be things that the unbanked and underbanked have easy access to all across the world.

If you are still thinking about whether it is the right time to visit the nearest bitcoin ATM Modesto CA, or not. Then drop that thought and rush to the nearest ATM and put your hard-earned money to good use.

Author Bio:

Ronald Court is a professional writer with over 7+ years of experience. He has been associated with bitcoin ATM California, a bitcoin platform for a long time, and is also interested in writing articles to share crypto knowledge.