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one of around 8% for every transaction. The advantage of bitcoin ATM machine is that is addition to being really fast, it is also very safe. It completely keeps your identity anonymous and keeps your credentials safe, so there is no fear of losing your money to scammers. Furthermore, local bitcoin ATM also helps you to buy bitcoin using debit card, which contains local currency. So, with being safe and private, it also gives you the facility of buying bitcoin in your local currency by using bitcoin ATMs. This is a great advantage over the common banking system.
Bitcoin gained immense fame when its price skyrocketed to $20,000 in 2017. People saw the great potential that came with bitcoin, and the business advantage that they got while using it. Bitcoin was safer, quicker and most importantly removed the need of a bank or a middleman because of its peer to peer feature. All if this greatly helped in the success and rise of bitcoin. The quick transaction feature of bitcoin was what really caught the eyes of businessman. This was very handy for them as from anywhere in the world, deals could be conducted instantly. Furthermore, the barriers of different currency were also destroyed while using bitcoin. Another revolution in this already-too-fast bitcoin was of the bitcoin ATM. Bitcoin ATM is a booth that allows a person to buy bitcoin using an ATM. Some of these ATM provide the service of both buying and selling bitcoin, while some only provide a single service. The question that comes to your mind is how to use bitcoin ATM? These booths that provide the services of bitcoin exchange look like traditional ATMs, but do not connect to a bank. Rather, they connect the user directly to a bitcoin exchange. The bitcoin ATM fees is a small
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