Looking at the way the virtual currency market is growing it is hard to believe that many people used to stay away from this market not too long ago.
They were sick and tired of the barriers to accessing the currency through exchange. These were the only platforms for accessing the currency back then.
It may appear strange that an online platform for what is essentially an online product like virtual currency failed to function and an offline alternative like ATM replaced it.
It’s not actually the online exchange platform that is a bad idea. In fact, it is desirable just like online banking. Notably, the most advanced systems need capable humans to run them.
The humans operating the online exchanges had actually mismanaged them. That led to the emergence of Bitcoin ATM in North Dakota and other places.
That has revived the virtual currency market and taken it to new heights although that’s not the only reason. The mining of virtual currency has come to a standstill in China. It is used to control 70% of all mining activity earlier.
Almost the entire virtual currency mining activity is shifting to the United States. It has increased confidence in investors here.
The only barrier that stood in their way was the complicated and hazardous access to virtual currency via online exchanges.
For quite some time many of the investors were asking around, “Is there any crypto ATM near me?” They were apparently frustrated by the way the online exchanges functioned.
ATMs are changing the virtual currency market for good
There was a time just before the first virtual currency ATMs arrived when the very future of the currency hung in balance.
Genuine investors were backing out from trading in the currency after many of them suffered losses in the online exchanges as their accounts were hacked into by criminals.
It doesn’t take long for word to spread and when it did, the outcome was enough to prevent new investors from putting their money on virtual currency.
Thankfully, with the success of virtual currency ATMs, they now know how to buy and sell the currency safely and in a quick time.
Many new investors get attracted due to the ATMs
An unnecessary barrier in the form of poor functioning of the online exchanges did cause a temporary period of uncertainty in the market. That period is behind us now and it is proven by the sharp growth of the virtual currency market currently.
Today the ATMs are proliferating at great speed across the country. Although it has not picked up speed in North Dakota yet.
That means there is a lot of scope for the growth of these ATMs in the state. If you own a retail outlet, it can be an excellent add-on to provide additional services to your customers.
Hosting one or more crypto ATM units in your store will also increase footfall as many customers would visit your store just for the ATM. That will also increase the chances of impulse buying by many of them.
Make sure to host the ATMs of reliable operators like Cryptobase. They have a great reputation for the quality of their machines and transparency in their dealings.
1 thought on “Increase Footfall in Your Store by Hosting a Bitcoin ATM in North Dakota”
Comments are closed.