What Is the Best Bitcoin ATM?

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What is the best Bitcoin ATM? Although there are countless ATMs across the country, Pelicoin ATM is the best bitcoin ATM in the Gulf South. Pelicoin is the most secure cryptocurrency ATM network, with over 35 automated teller machines (ATM) sprinkled throughout Louisiana, Mississippi, Alabama, Texas, and Tennessee in high traffic, accessible areas like convenience stores and gas stations. Nearly all of our machines are open 24 hours a day. Pelicoin is the fastest and most secure way to turn cash into Bitcoin. The only things you need to use a Pelicoin ATM is cash to convert into cryptocurrency, your cell phone and the QR code/address of your personal cryptocurrency wallet. Pelicoin ATMs are the best Bitcoin ATMs because they are set up similarly to traditional cash ATMs, providing users with familiarity and simplicity. In addition, our website has a map of every Pelicoin ATM location for your convenience. If you are in the Gulf South, looking to purchase Bitcoin, Litecoin or Ethereum then Pelicoin ATMs are the best Bitcoin ATM for you. 

So How Do Bitcoin ATMs Work?

Bitcoin ATMs function similarly to traditional, cash automated teller machines however with a Bitcoin ATM, you can purchase Bitcoin. Bitcoin ATMs allow you to skirt Bitcoin exchanges’ requirement that you send your USD via bank wire/ACH. Most Bitcoin ATM operators buy Bitcoin from a liquidity provider and allow you to buy that Bitcoin using cash, cutting banks and their fees out of the equation. Without a central banking system, Bitcoin can be sent from person to person and transactions are verified and recorded in a public ledger known as a blockchain. The decentralization makes it possible for everyone to buy and sell Bitcoin. There is no sole administrator but rather “miners” or the people using bitcoin equally maintain the Bitcoin network. Anyone can become a miner and anyone can create a bitcoin address, equivalent to a bank account, with no approval needed.

So Why Use Bitcoin?

Bitcoin is the most widely accessible and secure type of cryptocurrency. Existing for 12 years, Bitcoin has no security failures and has proven its ability to act as currency through acting as a medium of exchange, a unit of account, and a store of value. Acting as a store of value is important to saving money. As Bitcoin has the best security of all cryptocurrencies, its ability to store value most effectively and securely makes it superior to other forms of cryptocurrency. According to Pelicoin’s website, “... as bank data breaches become more common, many consumers are beginning to worry about online security. Bitcoin and other cryptocurrencies are inherently more secure and safe from theft because you would be unaffected by a data breach.” In times as unstable as these, it is even more important to store your money securely and safely. 

Now Is the Time To Buy Bitcoin

Bitcoin has a successful track record of holding strong and bouncing back from dips in its value. It is the best currency for consistent, long-term growth. Of course, all rates of currency are affected by the global market economy, however, Bitcoin has the best track record for the quickest returns to upward growth. Bitcoin has had a consistent upward slope in pricing since it’s introduction into the market in 2009, currently sitting around 9K USD. Tools like Bitcoin Wisdom can help you determine the best times to purchase based on live charts. Cryptocurrency is a decentralized, publicly owned global network. When participating in the purchase and sale of bitcoin, it is important to keep up with global economic news and trends.

Thanks to cryptocurrency access points like Pelicoin, Bitcoin has become more accessible around the world than ever before. Cryptocurrency should be accessible to everyone anywhere. Pelicoin focuses on the Gulf South, a growing area of the United States in terms of population and economic opportunities. 

Curious about How to Get Started with Bitcoin? Let Pelicoin Help!

For first time Bitcoin buyers, Pelicoin makes it easy to begin building up your digital assets. At any of our 35 crypto ATM locations across Louisiana, Mississippi, Alabama, Tennessee, and Texas, users can create their own digital wallet to keep track of their crypto assets from wherever they are. Visit our website to learn more about what it’s like to use the Gulf South’s leading and most secure crypto ATM service. To talk with us about our Bitcoin, Litecoin, and Ethereum services today, you can email us at support@pelicoin.com or call one of our representatives at 855-PELICOIN.