December 12th, 2018
Launched in 2014, the Chicago-headquartered cryptocurrency exchange platform, Bitcoin of America, has taken a bold step despite the currently bear crypto market. The platform is expanding its crypto buying and selling services from its headquarters to other cities in the U.S. One of the areas is a BTM Expansion to Milwaukee, WI.
Bitcoin and other major cryptocurrencies have witnessed a great loss in price and market value. For this reason, many investors in the crypto market have taken cautious steps towards the market. Bitcoin of America is however unshaken, still seeing great potential in the crypto space.
This is however not the first expansion, the company has gradually been moving to other states and cities in the U.S. such as Las Vegas, and Texas. Bitcoin of America is now expanding to Milwaukee Wisconsin.
The company, that mostly specializes in Bitcoin Exchange, just recently opened new Bitcoin Teller Machines [ BTMs], Bitcoin Kiosks and Bitcoin Automated Teller Machines [ATMs] in Cleveland, Los Angeles, Philadelphia, Orleans and Washington D.C. The BTMs are designed to allow regular people to buy and sell cryptocurrencies without the need for an intermediary.
While these BTMs may resemble the normal ATM machines, the two are quite different in terms of functionality. BTMs can be used to easily buy and sell Bitcoin or other digital coins, unlike in an ATM where you are provided access to your bank accounts.
With BTMs customers can use fiat currencies to buy cryptocurrencies without using a bank account or debit card. They simply just download a Bitcoin Wallet and have the cryptocurrency transferred by scanning the QR code issued on the receipt. The crypto purchased then, automatically reflects on the users’ wallet.
Currently Bitcoin of America operates about 80 BTMs in major cities in the U.S. such as Detroit, Indianapolis, Washington DC, Las Vegas, Chicago, and Los Angeles. There is already about 28 Bitcoin ATMs in Milwaukee.
The expansion plan is due to the growing demand for automated ways of buying cryptocurrencies. Milwaukee is among the cities where this demand is high and for that reason the expansion is vital. Bitcoin of America is therefore trying to secure a space in the growing market. Bitcoin Automated Machines offer easy functionality to users and at the same time provides a lot of features that make them favourable in the industry.
Bitcoin of America is among the trusted platforms in the business and its BTMs are open twenty four hours daily, all conveniently located and with enough parking spaces. BTMs are grouped according to the type of transaction. –Basically one-way or two-way.
About Bitcoin of America
Bitcoin of America is a cryptocurrency exchange platform that’s based in the United States. As compared to the many other cryptocurrencies and Altcoins, the exchange mostly specializes in Bitcoin exchanges.
The company is registered as a Money Service Business (MSB) in Chicago IL and has been in the crypto market for 4 years. It allows users to transact Bitcoins in exchange for the U.S. dollar. All transactions that are carried out are executed in accordance with the Federal and State laws.
The company follows strict Anti-Money Laundering (AML) and Know Your Customer(KYC) policies. This therefore means that transactions are made on highly secure and user-friendly basis. Bitcoin of America provides the safest and fastest way to buy and sell cryptocurrencies through its website services.
Now trending and proving to be more useful than online exchanges, the BTM market is growing rapidly, especially in the United States.
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.