Bitcoin ATMs Are Increasing Quickly In Cryptocurrency Friendly Regions
#Bitcoin (BTC) is gaining popularity among retail investors.
Bitcoin (BTC) is gaining popularity among retail investors. As such, people are looking for an easy way to turn their cash into assets. Bitcoin #ATMs also help in this regard.
#Coinme, a US-based cryptocurrency company, announced earlier this week that it will enter Florida with more than 300 ATM launches. The company made the following statement about ATMs:
"For Floridaians, it makes buying Bitcoin with cash as simple as visiting a local grocery store."
The move followed positive steps for Bitcoin in Florida in general and Miami in particular.
💲Bitcoin in Florida💲
According to CEO Neil Bergquist, the team is expanding into new areas to meet the "ever-growing demand" of accessible spaces to buy cryptocurrencies. Bergquist said:
“Our team is working with state regulators to launch Coinme on Coinstar kiosks across the state, and we are excited to be licensed to provide services to Florida residents for the purpose of buying Bitcoin.
✅Coinme was founded in 2014. The firm operates approximately 6,000 physical locations to buy and sell Bitcoins in partnership with the American coin changer giant Coinstar, which has approximately 20,000 locations in four countries. A recent #Coinstar-sponsored survey revealed that 23% of cryptocurrency buyers will do so from a Bitcoin ATM or kiosk.
Additionally, about a fifth of those surveyed said they would prefer to buy cryptocurrency for cash, and more than half said they would buy it as an investment. Coinstar CEO Jim Gaherity said the mainstream demand for Bitcoin is attracting new investors who need a simple and secure solution to buy the asset for cash.
💲Simple and Accessible💲
It is intended to be a simple and secure way to buy Bitcoin at Coinstar kiosks through Coinme, converting money to BTC instantly. Unlike traditional 'BATMs', the Bitcoin buying process on Coinme-enabled Coinstar kiosks offers extra benefits while leveraging the technical capabilities of the latter.
Users can purchase their BTC using the Coinme Wallet for a seamless experience without the need to enter separate 35-character wallet information . The firm is also present in more than 6000 locations in 44 states across the country.
All transactions are backed by Coinstar's commitment to robust security standards and regulatory compliance. Meanwhile, users only need a valid mobile phone number, driver's license or state ID.