How Do I Find Crypto Machines Near Me?
If you are looking to buy cryptocurrency in a simple and straightforward way, you should be asking, “How do I find crypto machines near me?” That is because Bitcoin ATMs are a relatively new and convenient way to purchase cryptocurrency and get involved with the cutting edge of the economy. If you weren’t aware that this option existed, you will soon understand the benefits of finding a Bitcoin ATM in your home community or a city that you plan to visit.
As Bitcoin continues to explode in popularity, more and more people are becoming interested in making their first purchases and entering the cryptocurrency community. However, as you may already know, making that first purchase can be daunting. After all, it’s a brand new technology and there’s a lot you have to learn before diving straight in. Once you learn all you can about cryptocurrency and which cryptocurrency you’d like to start out with, it’s time to determine the best way to purchase it. In this post, we’ll explore a few different ways to buy Bitcoin and other major cryptocurrencies by answering the question, “How do I find crypto machines near me?”
What’s the Best Way to Buy Bitcoin, an Exchange or a Machine?
For the sake of brevity, we’ll touch on the two main ways to buy Bitcoin—online exchanges and Bitcoin ATMs. This way, you can thoroughly weigh your options and choose the method that best suits your interests. The short version is that while Bitcoin Exchanges can be preferred by more seasoned investors, Bitcoin machines can help new customers to purchase Bitcoin in a more comfortable way.
WHAT’S A BITCOIN EXCHANGE? Online and Sometimes Not Very New User-Friendly
Bitcoin exchanges are found online, and they can be accessed from your computer, or sometimes via apps on your smartphone. These are usually used by experienced traders because they display lots of information and many different cryptocurrencies. It’s best to think of exchanges like the stock exchanges on Wall Street. They’re used by a large network of people and there’s a bunch of activity at any given time.
To use a Bitcoin exchange, you first need to create an account. In order to do this, exchanges will require varying degrees of personal identifying information and a method to debit/credit you with your USD, such as your banking information or a debit or credit card.
Although exchanges seem like a convenient option, they can be confusing for first-time buyers. The abundance of data, information, and a lack of clear instructions often get in the way of your first purchase.
Additionally, exchanges can take weeks to set up your account and can cap the amount that you’re able to trade and the time period for you to be credited with your crypto or USD.
Lastly, many people have an inherent distrust of exchanges because there are fake exchanges, security breaches and even exchange solvency issues. Many new buyers have gotten caught up in phishing scams, identity theft, or other cybercrimes that experienced buyers know their way around.
With the risk of scams and the complexity that surrounds cryptocurrency buyers, we recommend that you make your purchases on Bitcoin ATMs, otherwise known as BTMs or Bitcoin machines.
WHAT’S A BITCOIN MACHINE? A Brief Overview of Crypto ATMs
Before searching for “crypto machines near me," you’ll want to know what they are. Bitcoin machines, or ATMs, are one of the latest technologies in the cryptocurrency world. They simplify the cryptocurrency buying experience for new users and seasoned cryptocurrency veterans.
Bitcoin machines do this because they’re closely modeled after the traditional ATMs that we’re all familiar with. The procedure for buying cryptocurrency on a Bitcoin machine is very similar to your bank’s ATM transactions.
There’s no extra information or data to distract or discourage first-time buyers, and they’re straightforward to use.
There’s also no need to create an account. While it makes sense to look into getting a crypto wallet set up, these machines do allow for spontaneity. If you don’t already have a digital wallet when you first decide to use a crypto ATM, you can create a paper wallet at the unit.
Possibly the biggest benefit to using a Bitcoin machine is the security that comes with it. Since the machines run on their own private networks, they’re close to impossible to infiltrate and/or hack. This means your confidence about your sensitive information can be higher, particularly if you also take additional security precautions such as securing your Bitcoin wallet.
Along with that, the cryptocurrency machines are owned by a company just like the traditional ATMs that belong to your bank. This means you know exactly who you’re dealing with every time; and if you have any issues or questions, you can easily contact the company for help.
Bitcoin machines are also typically faster because most operators pay a high mining fee to insure that their customers receive their first confirmation within 10 minutes. This way, you can complete an external transaction more quickly than an exchange. We want to make sure you understand this topic, so you can learn more about Bitcoin ATM fees on our blog.
These benefits and the simplicity that these ATMs offer mean Bitcoin machines are quickly becoming the preferred method for buying cryptocurrency for amateurs and experts alike. Even if you are already accustomed to buying crypto, you will appreciate the convenience of being able to use this physical interface on the go. For this reason Pelicoin’s machines are located at gas stations and convenience stores, places where you are likely to make a quick stop during your normal routine.
People like you who search for “crypto machines near me” may want to know whether Bitcoin is available in their hometown. With its terms like blockchain, decentralization, peer-to-peer, and Web3, cryptocurrency can sometimes feel a bit ephemeral and out-of-reach for those outside of the industry. Because an ATM is a physical location, it can help to add a tangible experience to cryptocurrency, making it a bit more concrete for the everyday user.
For people who want to try cryptocurrency but may not know where to start, Bitcoin ATMs provide a familiar and convenient way to purchase crypto quickly with cash. We all know that traditional ATMs are easy to use, but Bitcoin ATMs may be even easier, because you don’t have to already have an account to use them, the way you would with a traditional bank. Pelicoin’s ATMs do not require setting up a digital wallet first (more on that later). You also won’t be required to link traditional bank accounts (or even to have one), which is a relief for people who are particularly concerned about the privacy of their personal information in the digital age. The ATM interface is intuitive, particularly for people who have used a traditional currency ATM in the past. Also for most transactions, less identifying information is required for a Bitcoin ATM than for traditional currency ATMs. These ATMs can serve as an on-ramp that allows newcomers to conveniently obtain crypto and have a positive experience, which could lead to them becoming involved in the crypto community. Thanks to Bitcoin ATMs as a user-friendly starting point into crypto for beginners, the economy of the future is being built today, in small towns and big cities alike.
How Do I Find Crypto Machines Near Me?
Now that we’ve covered the basics of where you can make your first purchase, you may be wondering, “Where are the best crypto machines near me?” As you’re searching for that, keep in mind that even if there aren’t Bitcoin ATMs near where you live, you might find them at tourist destinations as well, such as Pelicoin’s locations in New Orleans and Memphis. So your next vacation might be the perfect time to try using a crypto ATM for the first time!
As cryptocurrency has continued to become more widely understood and appreciated, Bitcoin ATMs can now be found all around the country, and if you’re in the Gulf South, then Pelicoin is your dedicated Bitcoin machine service. We have the largest and most secure network of Bitcoin machines in the region, and we’re committed to making sure purchasing cryptocurrency is as simple and straightforward as possible. Pelicoin operates crypto machines in five states: Louisiana, Texas, Tennessee, Mississippi, and Alabama. You can find them in small towns and big cities alike.
For a full list of our Gulf South Bitcoin ATM locations, check out our locations page.
How Can I Buy Crypto from one of Pelicoin’s Crypto Machines Near Me?
Once you’ve found the closest Pelicoin cryptocurrency ATM, you may be wondering what you will need to do in order to use it. The good news is that the simple process of using one of our ATMs requires very little preparation on your part. For the majority of transactions, all you need to bring with you is the cash you want to convert into crypto, your cell phone for verification purposes, and, if you have one, your crypto wallet’s address or QR code.
There are a couple of key things to note about these requirements noted above that may benefit you. This means ID requirements for most transactions at Pelicoin Bitcoin ATMs are not burdensome. Also, you don’t have to have created a Bitcoin wallet in advance of using the machine. There is another option: having the machine create a paper wallet for you during your transaction process.
The Process for Using a Pelicoin Bitcoin ATM
More great news: Pelicoin Bitcoin ATMs are super user-friendly. With a screen that displays instructions throughout the process, these crypto machines will help you to make your cryptocurrency purchase without any of the confusing hassles that you might find when dealing directly with a cryptocurrency exchange.
Just press “Buy coins” to get started. Next, choose how many U.S. dollars you want to convert into cryptocurrency, bearing in mind that specifically for Bitcoin purchases, there is a minimum transaction of $20. Now you have come to the two-factor authentication part of the process. Type in your cell phone number. You will receive a code on your cell phone. Type that back into the machine.
Now, select from the choices which cryptocurrency you want to change your cash into. The last step is letting the machine know where you want it to send your cryptocurrency. This can be done using your crypto wallet’s QR code or by entering its address. Don’t have a crypto wallet yet? No problem! Go ahead and have the machine create a paper wallet for you and you’re all set.
Get the Bitcoin You Need at a Pelicoin Bitcoin ATM
The most convenient way to buy crypto across the Gulf South is at a Pelicoin Bitcoin ATM. To learn more about Pelicoin or Bitcoin machines in general, contact us today at support@pelicoin.com or 855-PELICOIN. We look forward to hearing from you!