In the last few years, cryptocurrencies have received a great deal of attention from both investors and consumers. Whenever anything becomes this popular this quickly, it is usually important for businesses to take notice. This is because there are likely business opportunities to be found in this fast-growing marketplace.
Cryptocurrency ATMs are becoming more available and relevant by the day. A visit to CoinATMradar is all it takes to see that points of cryptocurrency purchase are popping up all over the world and are already present in many countries. Chances are, you probably have one in your area. Prior to ATMs, crypto users were limited to a service called LocalBitcoins, a website that brings buyers and sellers together to transact.
Even though the crypto ATMs might look like and operate similarly to the conventional bank devices most people are aware of, there are a few marked differences with bank ATMs. These differences can be best appreciated when looking at CoinFlip, one of the companies in the local bitcoin exchange space.