Who said you have to be an IT expert or tech-savvy to buy cryptos? Bitcoin has been around for more than a decade now, but it was a largely obscure cross-border currency until recently.
Things have changed a lot with the emergence of Bitcoin ATMs. You heard that right! You can now walk up to ATM machines in shopping centers and supermarkets and buy Bitcoins! Imagine the convenience and accessibility to cryptos that this new development offers.
No surprises that people keen to buy cryptos for the first time are researching how to buy Bitcoins through ATMs.
Why Bitcoin ATMs will make it possible for anyone to own cryptos:
For years, average citizens have been aware of the existence of Bitcoins. But they weren’t sure about how to have these in their possession. Bitcoin was supposed to be this permission-less, cross-border currency that was volatile but could yield huge profits.
All that sounded great on paper, but when it came to executing purchases, most people took a step back. Usually, it was the steep learning curve that intimidated them. They weren’t prepared to spend time learning the ins and outs; rather, they chose to stay away from Bitcoins.
Today, things are a lot different, with new apps being launched every day to make crypto purchases more user-friendly. The only downsides to Bitcoin ATMs were the steep fees you had to pay and tough regulations on KYC rules.
But, if you look at convenience, this seems like a small price to pay for it! So, if you are living in Missouri, find a Bitcoin ATM in Missouri to get a first-hand crypto-buying experience.
How to use Bitcoin ATMs even if you aren’t tech-savvy:
If you have little knowledge about what Bitcoin really is, start by reading the white paper. Satoshi Nakamoto, Bitcoin’s founder, explains the concept behind this crypto. It tells you why this borderless and decentralized currency is appealing. Bitcoins guarantee the kind of anonymity and privacy that you won’t get anywhere else.
If reading bores you, watch YouTube videos and tutorials to get a better idea. While some of these may intimidate you, most will help you get a clear understanding of Bitcoin and its uses.
Once you are more or less convinced about buying Bitcoins, look for a “Bitcoin ATM near me” online. It will throw up locations of Bitcoin machines in Missouri near where you stay.
To purchase Bitcoins, you can connect your bank account to an exchange and buy the coins there. This is a cumbersome process because it takes a while to get registered. The exchange will ask for ID verification proof documents before approving your account.
Usually, customer service support is lacking in most exchanges, and the chances of these getting hacked are quite high. The infamous Mt. Gox incident is a sad reminder of millions that were stolen when the exchange got hacked.
A Bitcoin ATM, on the contrary, sounds more appealing. It’s just like using a regular cash ATM to withdraw money from your bank account. The interface is easy-to-use and the process is quick. Anyone can use a crypto ATM; so, you really don’t have to be tech-savvy to buy Bitcoins through an ATM!
