December 10th, 2018
Most of the top cryptocurrencies are currently at the bottom, having broken previous support zones as well as breaching them. The turmoil that has befallen Bitcoin Cash after its November 14 hard fork has been rippled all through the other altcoins. Owing to this, most cryptos are down and shaky. The bad news does not, however, spell doom and gloom to the market. Crypto analysts however, believe that now is the best time to buy altcoins given that they are cheap, and sell when they boom. Such reasoning is what has informed Bitcoin of Americato expand its crypto buying and selling services from its headquarters in Chicago, IL to other cities in the U.S. to start Bitcoin ATM Los Angeles.
From Chicago to Los Angeles
Such expansion has seen move swiftly to cover the growing needs of the Financial Technology markets. The company is located in Chicago but has been moving to other cities and states in the U.S over time. It specializes in Bitcoin Exchange mostly compared to other exchanges that offer non specialized services.
Having established itself in places such as Chicago, Las Vegas and Texas, Bitcoin of America is coming to Los Angelesand has already put up 9 Bitcoin Kiosks or Bitcoin Teller Machines (BTMs).
The new machines will be an addition to BTMs currently available in other major cities. BTMs are designed to allow regular people to buy and sell digital currencies like Bitcoin without the need for an intermediary. Bitcoin of America already operates 80 BTMs in St. Louis, Indianapolis, Detroit, Columbus, Cleveland, Chicago, Baltimore and other major cities.
BTMs V ATMs
While BTMs resemble everyday ATMs (Automated Teller Machines), they serve a very different purpose. Instead of providing you with access to your bank accounts, they can be used to buy and sell Bitcoin and other virtual currencies. With these machines, buying and selling Bitcoin is easy and convenient for the end user. A potential buyer can use cash or the Bitcoin Wallet app on their phone to buy Bitcoin without a bank account or debit/credit card.
Arco 251 BTM located in W. Manchester
One of the BTMs in the City of L.A. (Los Angeles) is the ‘Arco 251’located on 251 W. Manchester, Los Angeles, CA, 90003. The latter BTM is among the long list of BTMs already put up and which, according to a review on Bitcoin of America’s site, ‘you can trust blindly.’ They come highly recommended due to the friendly user interphase that they provide.
For novice users who haven’t traded in BTC before, this is the service for you since the machine offers step by step guides on how to operate it. Additionally, the BTMs are more secure than buying altcoins online where cases of fraud and theft are common. Bitcoin of America is in full compliance of Anti Money Laundry Rules (AML) as well as Know Your Customer (KYC) guidelines.
One is sure to enjoy fast and secure buying and selling of Bitcoin and other altcoins. Also, there is 24/7 customer support to ensure satisfaction.
Growing Market Demand
The expansion plan is premised on the ever growing demand for automated means of buying Bitcoin and other cryptocurrencies. The BTMs are set up with hot spots where the demand is high in mind. Los Angeles is one of such locations where demand has been on the rise.
This disclaimer informs readers that the views, thoughts, and opinions expressed in the text/sponsored content belong solely to the author, and not necessarily to Bitcoin of America, organization, committee or other group or individual. All investments are at your own risk and should be done after careful research.