Bitcoin ATMs Boom: New Locations

More and more Bitcoin ATMs are about to pop up in various locations all over the world. If you have to cash out your Bitcoin whenever you need to spend it, these machines make it easy to do so, while giving investors opportunity to develop a profitable infrastructure and giving merchants a first-adopter advantage.

When you wanted to acquire cryptocurrency or spend your altcoins in real world, without access to a Bitcoin ATM, you had to face a number of inconveniences. Obviously, you could buy Bitcoin online, however, it can be a long process with some exchanges requiring users to wait 3 business days for their money to go through.

Showing up at a trading event might be a solution, but definitely not when you need money on the spot. You could always try using a website like LocalBitcoins that allows you to search for someone nearby to meet up and trade, but that is also not a guarantee. Comparing all the methods of purchasing Bitcoin for your casual shopping, free methods included, using an ATM is relatively the most convenient method.

When Bitcoin ATMs have a