Understanding how a cryptocurrency ATM works, Explained with benefits.


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With the spike in digital-money trading, people are incessantly switching to cryptocurrency. And for trading, they (clients) are faced with several cryptocurrency trading methods. One of the most expedient and user-friendly methods to buy cryptocurrency using payment cards is crypto ATMs.

A cryptocurrency ATM as the one provided by KELTA: allows the users to purchase or trade-in cryptocurrencies such as ETH or BTC. You can buy or sell the cryptocurrency using cash or bank cards. Bitcoin supreme (https://bitcoinsupreme.net/) is another crypto trading system where you can earn thousands of dollars through betting on different markets.

The process of purchasing cryptocurrency.

You can initiate the buying process by installing a blockchain wallet on your smartphone. This
blockchain wallet will show your available assets that you are going to use in the process of buying or selling. The traditional crypto ATMs trade only in bitcoins.

You can trade in several cryptocurrencies such as ZEC, ETC, and LTC using KELTA ATMs within a limit of 5,000 Euros (maximum withdrawal amount). All these currencies come with different QR codes. You can scan the QR codes using your mobile wallet scanner to identify the cryptocurrency. By inserting the card, you can generate an end receipt from the terminal.

You would have now received the coins in your mobile wallet. And in any case, if you do not have a crypto wallet, you can purchase the bitcoins using these ATMs.

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Benefits of using cryptocurrency ATMs.

We cannot deny the fact that there are numerous ways to buy cryptocurrencies as bank transfer, credit cards, or cash. However, these exchanging methods come with associated risks and disadvantages such as:

Some traditional cryptocurrency exchanging options do not offer complete anonymity. For making the purchase, these exchanges require their customers to follow the KYC (know your customer) policy. Using this procedure: the clients are bound to enter their credentials by disclosing private data. This disclosure may include pictures of private documents that are provided to a third party.

Secondly, while trading in cryptocurrency, you will always come across multiple one-way money exchangers. Limiting your choices: these one-way exchanges only offer the buying option. You cannot sell digital currency using these exchangers.

Lastly, online platforms such as Coinbase or Binance charge high commissions during buying or selling of cryptocurrencies. In some cases, the commission on transactions can lie between 4 to 5.5 percent.

In light of the above limitations, modern KELTA cryptocurrency ATMs offer the following advantages.

KELTA ATMs offer complete privacy and anonymity in all sorts of cryptocurrency transactions. Your identity is not tempered: during buying or selling. Secondly, you can perform both buying and selling functions using these ATMs. In contrast to paying high commission fees, these modern crypto ATMs only charger 2.1 percent as a transaction fee. In addition to all of the above, KELTA ATMs main advantage is its convenience.

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The bottom line.

From offering easy access to saving user’s time, KELTA cryptocurrency ATMs provide several benefits. A huge number of cryptocurrency users are shifting from online exchanges to these ATMs as they give the best user experience along with premium services.

Several ATMs are currently being installed across the world to promote digital cryptocurrency. These ATMs are quite famous in North America. Surveys show that around 70 percent of the ATMs are placed in Canada and the USA. However, European Countries are also regulating cryptocurrency by purchasing crypto assets. The UK, Switzerland, and Austria are working hard to install new crypto ATMs.

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