Reports indicate 2019 will be the year that Bitcoin ATMs take off in cities across the United States. Chicago recently got 30 new machines, bringing the city’s total to nearly 100, with Philadelphia having approximately the same amount.
Those ATMs are solely for dispensing bitcoin, but there are traditional ATMs in New York that give this currency to users. Interested persons create accounts with LibertyX, a bitcoin payment provider. After passing the approval process, they can purchase up to $3,000 worth of bitcoin per day using their debit cards at ATMs.
These ATMs could encourage people to start using bitcoin for the first time or start dealing with the cryptocurrency more extensively than before. Individuals are accustomed to using ATMs to serve their financial needs, so it’s not a big step for them to get bitcoins from ATMs too.