An astounding estimation has been made that over 100 million bitcoin wallets are in existence. This makes way for further inferences on the number of Bitcoins that are up for avail. While the mining is not expected to stop anytime soon, the world is now observing an all-time high market of Bitcoins and Bitcoin users alike. An estimate of 11% of Americans currently possess bitcoins, and it’s interesting to see how the market paves the way for more users in the near future.
The skyrocketing number of Cryptocurrency buyers has given birth to various innovative ways to buy them, Bitcoin ATMs being the most astounding one. The traditional methods would require the user to purchase it through a wallet or a Credit/ Debit card. New approaches like OTC trading and BTMs (Bitcoin ATMs) have made it easier than ever for people to make their Cryptocoin purchases. Bitcoin Depot advocates this new crypto retailing and has now installed more than 2,000 kiosks across the USA in just four years. “Our ATMs are highly competitive when it comes to other exchanges in terms of price locks, verification procedures, customer support, protection against hacks, and comfort the user experiences with limited bank account requirements,” says Brandon Mintz, CEO of Bitcoin Depot.
Why BTMs?
People who don’t have a bank account or weeks to squander, waiting for their approvals, can now just trade cash for these Crypto Coins instantly. Bitcoin ATMs will credit your Bitcoin to your wallet in just 2 minutes! It’s not just fast and convenient but also familiar as you may already have some experience using regular ATMs for cash. Well, it’s not that different from those.
Bitcoin Depot has covered the most accessible locations for you to convert cash to crypto at any time. Digital Become Physical™ in a fast-moving world that’s progressing with these new digital currencies with these features.
Just a matter of 2 minutes!
- First, you need to locate your nearest Bitcoin ATM, for which you can use Bitcoin Depot’s locator.
- Once you reach your destination, please read the instructions on the BTM and use it to convert the desired number of Bitcoins.
- Once you click the ‘Buy Bitcoin’ button, you need to verify your ID (if required).
- Enter your address (Crypto wallet) to get your Bitcoins and insert the cash bill into the BTM.
- Proceed with a confirmation and cha-ching! The transaction is complete.
For Non-BTM Users
The company also extends its services to online purchasing, a traditional way of buying a cryptocurrency, but made it more manageable and multiple times faster. You can use your credit or debit card for the transaction with a minimum purchase of 50 USD. You can now trade directly using the OTC services, plucking out the chances of slippage. It also saves you from the hassle of trading with multiple sources. No matter which service you choose, Bitcoin Depot is committed to making your life easier through impeccable customer care, numerous crypto options in one platform, and a faster process. They recently increased 130% of their team during the pandemic. Bitcoin Depot aims to build the largest retail network of cryptocurrency access points worldwide.
“We are thrilled to be at the forefront of this movement in the cryptocurrency industry. With 2,000 BTMs, Bitcoin Depot is one of the largest networks. Our goal is to ensure Bitcoin, and other cryptocurrencies becomes more easily accessible to the average person through our continued expansion.” says Brandon Mintz, CEO of Bitcoin Depot.
