With Bitcoin steadily becoming one of the most popular digital currencies around, many establishments are beginning to accommodate Bitcoin users. One of the ways that gas stations, airports and other businesses are making way for Bitcoin is by adding special ATMs on their premises. If you want to use a Bitcoin ATM in San Diego, CA, here are some things you should know.
Bitcoin ATMs Act As Automated Tellers
Bitcoin ATMs (BTMs) allow you to purchase Bitcoins using your debit card or cash. Not only can you make purchases at a BTM, but you can also sell Bitcoin right at the BTM, and receive the cash.
BTMs Are Connected to the Internet
Because Bitcoin ATMs have access to the internet, you can connect to the exchange directly. This allows you to bypass having to deal with a bank, and enables you to access your wallet, customers, et cetera.
Using a Bitcoin ATM
While the operation isn’t as streamlined as a traditional ATM, it is quite simple to use. With Bitcoin ATMs, you have the option to use traditional currency or digital currency. When using traditional currency, you would simply exchange it for Bitcoin digital currency (BTC).
Although the idea of using a Bitcoin ATM in San Diego, CA, might seem a bit overwhelming, it is quite simple to use. Just as a traditional ATM will present questions and prompts, Bitcoin ATMs follow a similar format. The main difference is that you can actually make purchases via a BTM, sell and more.
If you have further questions, contact RockItCoin Bitcoin ATM.