8 reasons why bitcoin ATM is still the best way to get bitcoin

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1. Bitcoin ATM is similar to ATM, and therefore intuitive

People looking for a way to purchase bitcoin for the first time are likely to stay with what they are familiar with. Although bitcoin ATMs are nothing like regular ATMs, the basic interface is somewhat similar. 

The user walks up to the machine and interacts intuitively with the screen to deposit or withdraw some money. People don't want to get caught in some problematic situation where they have to fill out extensive forms or meet unknown people in suspicious places or connect their bank account to online exchanges on sites that can disappear at any time.

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People want to put $20 into a machine that is similar to machines they already know, and get some "crypto coin." Bitcoin ATMs are a great choice for bitcoin buyers, from complete newbies to seasoned crypto veterans, simply because of their very familiar interface.

If you are looking for one near you, check out Bitcoin ATMs Bitcoin in Warsaw. This list also shows their opening hours.

2. Bitcoin ATM is useful

Being able to turn cash into Bitcoin with just a few taps on a tablet screen is an amazing thing. People like this kind of simplicity because getting coins here doesn't require much effort.

I have used several different ways, and they are without a doubt the easiest way I have ever used to get Bitcoin.

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The more the bitcoin community around the world reduces the "friction" involved in acquiring coins, the sooner we will see mainstream acceptance. Do what you can to make bitcoin more useful.

3. Bitcoin ATM is fast

Buying on online exchanges such as Coinbase can take up to a week, although the likes of Circle claim to offer instant purchases. Several stories have emerged that present the topic in a different way.

If you want to avoid bank accounts, long waits and suspicious claims made by exchanges, the Bitcoin ATM is a great place to visit. The almost hassle-free buying through the ATM is one of its biggest advantages.

4 Gripability Bitcoin ATMs

In order to buy Bitcoin at an ATM, you will need some kind of tangible wallet in which to store them. Some Bitcoin ATMs even offer the ability to print out a paper wallet and send the coins to another wallet.

(This would allow you to buy Bitcoin, even if you left your phone at home, or maybe even gave Bitcoin as a gift.)

Safely storing your own coins in your own wallet that only you control translates into a better experience. And because of their speed, they offer a very tangible peace of mind, knowing that you are not waiting 3-5 business days for your coins.

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One of Bitcoin ATMs offering regular promotions is Bitcoin ATM Shitcoins Warsaw on Plocka 39 Street.

5. Bitcoin ATM vs integrity

If you have a steady job and a bank account with plenty of money, you can simply open an account with Coinbase or Circle and transfer money directly from your bank account to buy Bitcoin, but what if you're from a corner of the world that is underbanked or even completely unbanked? 

How to get bitcoin if you don't have a bank account? Well, a crypto machine might just be one of the best viable options, since you don't need much more than some cash and sometimes a cell phone number. These are things that underbanked and unbanked people have fairly easy access to around the world.

6 Liquidity

Being able to walk up to a machine with cash in hand and walk away a few seconds or minutes later with bitcoins is something that appeals to quite a few people because of the instant liquidity. Waiting days to receive coins from an exchange means that your liquid assets are "processed" for several days. Keep your assets liquid by stopping by your local bitcoin ATM. For examples of cryptocurrency ATMs in Warsaw, visit Bitcoin ATM Map - Warsaw.

7th Vibe

Probably the least important reason, but worth mentioning, is the feeling accompanying the use of such. For good reason, similar devices appeared in the game Cyberpunk 2077. They set a futuristic, cybephunk mood.

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8. Bitcoin ATMs provide privacy

When you buy bitcoin on exchanges such as Circle and Coinbase, you not only tell the exchange that you are buying bitcoin, but you also tell your bank that you are spending money on bitcoin.

If you're trying to avoid a bank check when buying bitcoin, a trip to your local bitcoin ATM can prove very useful. You will need cash to buy bitcoins at your local ATM, and nothing is more private than cash.

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Finally, let's quote a topic from Reddit that explains a lot:

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Is Bitcoin ATM bitcoin really the only way to buy bitcoin privately and securely?

This post was removed from r/Bitcoin and I wasn't sure where else to publish it, so I thought here would be the best place.

I've been thinking a lot about privacy in Bitcoin and looking for ways to buy without KYC.

I keep thinking that bitcoin ATM is the only way. Of course you can do peer2peer cash transactions, but that seems to open you up to the risk of physical attack or blackmail.

Other P2P methods for buying online usually involve a bank transfer that will leave a trail. Your bank may ask what the transfer was for. You can send money to a bank account that will be flagged by the AML system.

I know a lot of people use coinjoin, but it doesn't 100% obscure the trail and you don't know who you are mixing your coins with. If you mix with tainted coins, your coins are now tainted, i.e. they may be considered dirty money someday. I have seen tweets from people who have closed their CEX accounts because of this.

If the cryptocurrency you acquired is tied to someone's name, (perhaps from buying them on a KYC exchange), will Chainalysis detect that it was a transfer from one person to another? Or will they think that your wallet is in fact their wallet?

There are so many possibilities here that it's hard to imagine how to do it without leaving a trace somewhere. I'm starting to think about Monero, but even if you buy it at CEX, they know you bought it there.

Curious about where the nearest bitcoinomat Warsaw is? Click and browse the list.