Why Buy Bitcoin Via ATM Rather Than Exchange

by | Mar 14, 2019 | Bitcoin, Money and Finance

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Bitcoin is a type of digital currency that is created and held electronically. It isn’t a printed currency like a $20 bill. Instead, people produce them using the power of computers. Special software has been created that solves math problems which then assists with creating Bitcoin. While you may have heard about using a Chicago Bitcoin exchange for your cryptocurrency, there are many other options. For instance, there are more than a dozen ATMs that allows you to buy Bitcoin just like you take money out of a bank ATM.

Who Should Use Chicago Bitcoin ATMs

ATMs that offer Bitcoin can be used to buy or sell Bitcoin at any time of the day or night. The great thing about ATMs is that you can easily use them whether you are an industry veteran or someone completely new to cryptocurrency. The ATMs are set up to offer you quick access to your money, in traditional or digital form. The transactions are offered in a transparent and speedy way every time you visit.

How to Get Started

When choosing an ATM rather than a Chicago Bitcoin exchange, the process is straightforward. One of the perks is that anything you could need to do can be done using the kiosks in convenient Chicago locations. For instance, if you want a paper wallet for your Bitcoin, the ATMs from RockItCoin provide that option. Those who prefer a digital wallet can do that just as easily. You can download a digital wallet on Android or iPhone. When using this type of wallet, you can send requests and notifications via text and email.

What to Know When Selling Bitcoin

The only thing that you have to keep in mind is that not every RockItCoin Bitcoin ATM allows both buying and selling. This can be confusing when getting started, but you’ll catch on fairly quickly. Every ATM allows you to purchase Bitcoin, Ethereum, and Litecoin, but not every ATM is set up to allow you to sell. However, you can easily find out which allow selling by visiting the company website.

Buy Bitcoin Without the Hassle

Are you ready to get started with Bitcoin ATMs? RockItCoin makes the process a breeze. You can ask questions, learn more, or check out our Chicago locations by visiting us at www.RockItCoin.com. Each location notes whether selling is possible, so use that to guide you based on your needs.