Bitcoin has taken the world by storm. This new crypto currency has revolutionized many aspects of human life. Simply defined, bitcoin is an electronic currency that is based on the internet. Since it is a relatively new currency, accessing it still remains a major hurdle for most people. Luckily however, there are companies that have dedicated themselves to making bitcoin more available to people all over the world. One such company is Bitaccess.
Bitaccess was established in 2013 and is based in Ottawa, Ontario, Canada. One of the company’s key principles is innovation. It believes that if companies have access to various financial alternatives, they will experience rapid growth. The company therefore makes BTMs, or Bitcoin Automatic Teller Machines. These machines function more or less like other ATMs, only that they deal with Bitcoins.
Why Was Bitaccess Needed?
BTMs are indispensable when it comes to propelling the use of Bitcoin. Initially, people had little knowledge about how they could access bitcoins. They had heard plenty about the benefits of using this electronic currency, but did not know just how they could lay their hands on it. After the invention of BTMs, accessing this currency became far easier. Currently, there are over 6,000 bitcoin outlets in North America and around the world.
As bitcoins became more accessible, more and more businesses started accepting them as a form of payment. Today you can pay for goods and services in many enterprises using bitcoin.
What Are The Benefits Of Bitaccess?
1. Quick Access to Bitcoins
Making bitcoins accessible is virtually the sole reason for the company’s existence. Now, you can purchase bitcoins from countless locations all over the world. Obtaining bitcoins from Bitaccess is a fairly easy and quick process. Simply visit the company’s website and specify how many bitcoins you wish to purchase. Then you will need to look for a bitcoin merchant near you. There is a list of Bitcoin merchants on the site. There you can then exchange cash for bitcoins. It couldn’t get any simpler than that, could it?
Many people tend to be wary of online money transactions due to various security threats. The good news is that your bitcoin wallet is far more secure than most other online transactions. It is practically impossible to steal from a bitcoin wallet. Unless someone has access to your computer and knows virtually all there is to know about you, chances of your bitcoins getting stolen are slim to none. Even better is the fact that the security system of Bitaccess is infallible. The assurance that your money is safe is certainly one of the most appealing features of Bitaccess.
3. Many Outlets
There are countless Bitaccess retailers spread out across the United States, Canada, and various other parts of the world. This is beneficial in the sense that you will never lack a place to either sell or buy bitcoins. Moreover, you can use various payment methods to pay for bitcoins at any Bitaccess outlet. You can opt to use cash, bill pay, or even vouchers. The availability of many options ensures that you will never have any trouble obtaining bitcoins.
The Disadvantages Of Bitaccess
1. Uncertain Costs
When you use the BTM machine, you are usually charged a certain amount of money. Usually, the transaction cost of bitcoins is not high, but it keeps fluctuating as the value of bitcoins also keeps changing. Most of the time, the amount of money you will be charged at the BTM will be higher than what your Bitcoin Price calculator shows. This uncertainty is anything but desirable.
Bitaccess is without a doubt one of the best bitcoin retail companies in the world. It is reliable and pocket friendly, and is essentially your best bet when you want to purchase bitcoins. Be sure to visit the company’s website to learn more about it.