How BATM (Bitcoin ATM) is Revolutionizing Cryptocurrency Market and Blockchain Technology
Even though many governments around the world are suspicious about bitcoins and crypto currencies in general, and have even banned the trading or mining of bitcoins and altcoins within the territory, bitcoin and alt coins are doing a lot in terms of popularity gain and technological progress.
Investing in bitcoins and trading bitcoins can be very risky because of the price fluctuations. For example, you bought bitcoins for $7000 and an hour later the price might drastically drop to $5000. However, there is also another side of story, as it may also gain value by $2000. Those who are already using bitcoins are impressed by the fact that the transaction is anonymous, you can send large amount quickly directly to another person with the involvement of middle man like the bank for a fraction of charges that you will normally pay to the money transfer services and banks.
There have been just over a decade since bitcoins were publically launched, yet there has been a dramatic improvement in blockchain technologies. You can now carry your bitcoins just like you carry cash or credit cards. You have a hardware wallet that looks something like a data stick and allows you to send or spend bitcoins just by connecting to another device.
You even have Bitcoin ATM, where you can buy bitcoins or convert your bitcoins for real cash. Just like the conventional Automated Teller Machine, where you withdraw or deposit cash, Bitcoin Automated Teller Machine or BATM for short is an ATM that allows you to deposit bitcoins (buying), or withdrawing bitcoins (selling). You can use hard cash to buy bitcoins or receive real money against your bitcoins.
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