There’s no doubt that it’s been a tumultuous year for cryptocurrency. With prices hurtling to stratospherically high levels in late 2017, they took quite a tumble for all of 2018. At this juncture, 2019 hasn’t looked all that different from the previous year. But although crypto prices have mostly been plummeting, the community as a whole has taken this time to improve upon its infrastructure. After all, when there’s a lot less buying and selling going on, it’s much easier to focus on building the crypto community into what it was always meant to be.
However, one of the major issues with crypto right now is that it needs to be easier for people to use. Whether you’re buying or selling it, everyone agrees that easy access is key—and this is where CoinFlip comes in. As visitors can see from its busy Twitter presence, the company is firmly focused on getting crypto ATMs into the public sphere. Just a few days ago, a crypto ATM operated by CoinFlip made its grand debut in Highland Heights.
For many people, CoinFlip ATMs are different because they don’t just support Bitcoin exclusively. For example, the ATM that was most recently launched in Highland Heights supports Bitcoin, Litecoin, Dash and Ethereum. Therefore, pretty much everyone in the crypto world could find something to buy if they happened to see the machine. The team at CoinFlip has gone above and beyond to ensure that the ATMs are easy to use and streamlined. The creator has spoken out on what it was like the first time he actually used a Bitcoin ATM. Although he had an unsatisfactory experience, he used the issues to challenge himself to create a better crypto ATM system. Now, with CoinFlip ATMs popping up all across the country, it would appear that he has succeeded on some level.
These days, it seems as if everyone is seeing the possible benefits of hosting a crypto ATM. In fact, some studies have even indicated that putting a Bitcoin ATM in any given store could increase that store’s traffic by 25% or so. Even for those who don’t know much about cryptocurrency, the lure of such a high-tech offering could prove to entice them to learn more. For many people, the barrier to buying crypto is that they just haven’t had the opportunity. Maybe none of their friends have invested in it or perhaps they don’t feel like going through the hassle. Before some people become involved with crypto, they mistakenly believe that setting up a crypto wallet and buying off of an exchange is as difficult as starting a traditional bank account. Nothing, of course, could be further from the truth. Especially when new users are using a CoinFlip ATM for the first time, they are usually surprised by just how efficient and easy the entire process can be. In this way, each CoinFlip crypto ATM is truly an ambassador for the entire cryptocurrency system. As people use these ATMs more frequently, the sky will be the limit for what they can achieve on behalf of crypto as a whole.