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Buying Bitcoin has become simpler and more accessible than ever before, and Bitcoin ATMs provide a convenient and efficient way to purchase the cryptocurrency. This article discusses the advantages of using Bitcoin ATMs over traditional online exchanges, highlighting the ease of use, verification process, speed of transactions and accessibility.
Bitcoin ATMs offer a simple alternative to the often complicated online exchange platforms. Creating an account on an online exchange can be time-consuming and complex, with many steps and unfamiliar terminology. Bitcoin ATMs operate similarly to traditional ATMs, making the transaction process familiar and user-friendly.
Online exchanges typically require extensive verification processes, known as Know Your Customer (KYC) checks. These processes can take days or even weeks, involving numerous interactions with support teams. In contrast, Bitcoin ATMs typically only require a phone number for verification, greatly reducing the time and effort required to begin purchasing Bitcoins. Bitcoin ATMs at Bitomat.com offer different identity limits depending on the country. For example, in Poland it's €15,000 per day or €1,000 per transaction. In Spain, it is EUR 990 per day, and in Italy, the KYC procedure is always triggered. In each of the other 17 countries, KYC is different, but the principle remains the same - there are no sms confirmations, scanning proof, waiting for an email, or downloading an app. Transactions are instantaneous.
Sometimes, commissions drop to 0% or even +1% against exchanges. Experienced bitmakers know when - they follow social media waiting for contests, or simply sign up for sms and email alerts. Meanwhile, according to coinATMradar statistics, average commissions in Europe are 8%! Bitcoin ATMs So during promotions they offer eight times lower price.
Transfers of funds to and from online exchanges can take days, which can be inconvenient if you need to buy or sell Bitcoins quickly. Besides, not everyone is interested in the numbers on an exchange, which, after all, are falling. Nothing beats hard cash in hand, especially when things start to go wrong. Bitcoin ATMs enable instant transactions, allowing you to convert cash into Bitcoin in minutes. Some ATMs even offer two-way functionality, allowing Bitcoin to be exchanged for cash just as quickly. Hundreds of Bitcoin ATMs at Bitomat.com offer this feature. You'll find many of them in locations like
According to the latest data, there are 1,473 Bitcoin ATMs in Europe, accounting for about 4.6% of the global number. They are as accessible as popular coffee shop chains. This wide availability means that you are likely to find a Bitcoin ATM near you, no matter where you are. In addition, these ATMs provide a key financial service for the unbanked, offering access to cryptocurrency without the need for a traditional bank account.
For those looking for a convenient, fast and simple way to purchase bitcoin and other cryptocurrencies, bitcoin ATMs are an excellent option. They offer a simplified verification process, faster access to funds and wide availability, making them a better choice compared to traditional online exchanges.
Bitcoin ATMs provide a practical solution for anyone who wants to buy bitcoin without the hassle of online exchanges. With ease of use, minimal verification requirements, fast transactions and an extensive network, they provide a reliable and efficient way to enter the world of cryptocurrencies. Visit a Bitcoin ATM today to experience these benefits firsthand and begin your Bitcoin adventure.
For more detailed information and to find the nearest Bitcoin ATM, visit the map Bitcoin ATMs
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