The world of cryptocurrency can seem impossible to follow. Who knows what the heck is going to happen to Bitcoin in the upcoming year, we don’t even know what will happen to the coin value tomorrow. This uncertainty associated with crypto and not knowing whether your coin’s value will go up or down is the main reason for people to avoid purchasing it.
However, even though we don’t know exactly what will happen to Bitcoin next year or even next week, it is still a wise investment. If you want to test out the cryptocurrency waters, we recommend buying a small amount from CoinFlip Bitcoin ATM company or a similar service.
You might not be able to trust what people say about the fate of Bitcoin, but you can trust companies like CoinFlip to follow through on their promises. They make buying, selling, and trading easy and provide the best security imaginable. This is an essential feature for your Bitcoin ATM service to have, along with these 5 qualities of CoinFlip and similar services.
The service should be compatible with multiple currencies
A lot of crypto ATM services call themselves “Bitcoin ATMs” but that doesn’t mean they only work with Bitcoin. The best services are compatible with multiple currencies, the most popular being Bitcoin, Litecoin, Ethereum, and Dash. There is no reason for you to be limited on the form of crypto you invest in. Bitcoin is a great choice, but it is definitely not the only one.
They should charge minimal transaction fees
The fee that goes along with each transaction is an important thing to look at before you make an account with a crypto service. Yes, you will be required to pay a fee for each transaction from most providers, but the size of the fee can vary. Your cash-to-crypto experience (and vice versa) does not need to be riddled with outrageous fees and charges. Look for a service that charges a fee lower than 7% for buying and 4% for selling.
They offer the best privacy and security features
This is another key consideration before handing over your personal and financial details. Your information is sensitive, and the service should treat it as such. The best Bitcoin ATMs utilize the most advanced SSL technology to ensure complete security with every transaction, no matter how often and how large your transactions are. The company should also guarantee that your information won’t be shared or sold to third-party companies, which is more common than you would think.
They provide quality 24/7 customer service
If you’re making trades late at night and experience issues with your transaction, you should be able to call the customer service team and get it all straightened out. Since you could be making trades anywhere in the world in any timezone, it is uncommon for a crypto service to have anything less than 24/7 customer service. But always check before you sign up.
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