Florida has been dubbed as a ‘crypto-friendly’ state and there are good reasons for that. Today, when the popularity of crypto currency is gaining new momentum it has largely been due to the proliferation of Bitcoin ATMs in Florida units across different places in the state including Hialeah. However, it would not be a smart idea to begin trading in cryptocurrency without knowing what it is and how it works.
Unlike the standard country-wise currency, also known as ‘fiat’ currency cryptocurrency is digital or virtual currency with a value calculated in standard fiat currency. For instance Bitcoin was valued at $ 46,203.40 on July,04,2021. You may say “What’s the big deal here? It boils down to getting tagged with standard currency.” It sure does but then cryptocurrency can be used to purchase a lot of goods and its value also changes; mostly increases as it is riding a demand wave.
Buying and selling cryptocurrency was a problem
Before the Bitcoin ATM units began to appear, it was quite a hassle to buy or sell cryptocurrency on the online exchanges. At that time, these exchanges were the only place where you could buy and sell cryptocurrency. To make matters worse, it took 3-7 days on average for a transaction to get approved on these online exchanges.
As if that was not enough, there are serious security issues on these exchanges where a registered trader’s personal details could be accessed by other members. The exchange operators justified this by putting forward their theories of the new blockchain technology and how it is the future of computing, etc. Most folks couldn’t care less for technological details when their money was on the line. The Crypto ATM units changed all that almost overnight.
The ATMs have taken cryptocurrency to another level
It is generally understood that any technology that has not been automated with online integration, is below par. However, the online crypto exchanges turned that entire thinking on its head with their inefficiency and slowness. Cryptocurrency was getting hurt by that and finally the stakeholders had to bring out an offline solution to the problem with the BTC ATM.
This is probably the only instance of an online service solution proving to be grossly unequal to an offline solution that was introduced to replace it. Be that as it may, the number of people asking “Are there any Bitcoin ATMs near me?” is increasing by the day while the ATM installations are struggling to keep pace with the heightened demand.
The digital currency ATMs offer all-round satisfaction
When you can complete a transaction in less than a minute on a Crypto ATM in Hialeah, Florida, and also experience the most robust security in the process, why won’t you root for the ATM? It’s after all like a dream to experience that level of service satisfaction after the nightmare of the online exchanges.
It is really easy to operate a Bitcoin ATM in Hialeah or anywhere else because they function just like the standard cash ATMs with minor adjustments needed for this function. You just need to open an account with the ATM operating company to use a specific machine much like you need a bank account and a debit card to operate a standard cash ATM. Thereafter, you just need to follow the instructions for a highly satisfying user experience.