The purpose of the platform is to be able to buy Bitcoin instantly with Cash from any local Bitcoin ATM near You. And it’s not just Bitcoin Apparently, you also need to be able to buy Bitcoin, Litecoin, Ethereum, and Bitcoin Cash as well. And the cryptocurrencies can be purchased from any of the special Bitcoin ATMs in a moment with straight cash.
The ATMS are currently scattered throughout the United States and can be found in Georgia, Alabama, Texas, Missouri Illinois, Tennessee, Nevada, California, North Carolina, Pennsylvania, Maryland, Kentucky, Ohio, Florida, and Massachusetts. The purpose is to make it easy to access the cryptocurrencies you own without a bunch of hard to manage transactions that cost a ton of fees on the different exchanges like Coinbase.
What Is Bitcoin Depot?
The platform is designed to help you buy cryptocurrencies without having to go through one of the difficult to run exchanges that cost a ton of money and time. The ATMs are mainly on the East Coast of the United States and the North East as well. As of now, there are at least 125 ATMs that can be located within the United States.
It’s pretty easy to find an ATM in your area too. All you have to do, is head to the company website and take a look at the easy to read map. You can use it to find the exact location of an ATM that is near you. And according to Bitcoin Depot, they are always adding new locations. It’s setup to make exchanging cash for bitcoin easier than ever as well as ultra-convenient.
And the process to complete the transactions for Bitcoin Depot are also said to be extremely fast. All you need to do to find a secure spot is zoom in on the country wide map and find your location or the closes one near you. Once you find an ATM it’s like using any other one you would typically pull money out of. Follow the steps and select your currency, then pick how much you want and confirm the transaction. They are always 100% secure and setup to happen fast.
In case you ever run into a problem, customer service is there to help alleviate the support as quick as possible, and they are rated to have a great response time. You can also follow the platform on any of their social media platforms and get updates on new ATMs in real-time, plus they’ll keep you informed if any issues ever arise and you need to gain assistance immediately.
The ATMs are usually found in convenient stores, gas stations or other similar establishments. Even smoke shops are common businesses where the ATMs may be located.
And in most of the larger, major cities – the ATMs are located in locations that run 24 hours a day, 7 days a week. The next time you buy cryptocurrency, it could be a smart choice to start using the Bitcoin ATMs. And if you’re interested in finding a new ATM, remember that you can see them on the map found on the website. And not only that, but there is also a reward and referral system in place for the platform, so you can make extra money by bringing new people in to the program.
Bitcoin Depot In Conclusion
If you’re ready to use the app, you can download the Bitcoin Depot Wallet App and start using the platform. You need the wallet if you want to store, receive or send cryptocurrencies with the system. And when you set it up, you will get a bitcoin wallet address that is unique to you, so you can give it to other people or entities who need to send you the currency. Most of the wallets are easy to access and manage from the company website or mobile application.
You can download the Bitcoin Depot Wallet App for your Android device on the Google Play Store. And there is also an iOS version of the app that is in review to be released on the iPhone. And once it’s approved, you’ll be able to download that app as well. Just head to Bitcoindepot.com to learn how you can get your own wallet for the website.