Coinsource, the world’s largest Bitcoin ATM network, is now allowing users to buy and sell Bitcoin Cash (BCH) at all of its machines in the United States.
The move comes as the fork wars continue and more businesses are beginning to accept BCH as a form of payment.
Coinsource is the largest Bitcoin ATM operator in the world with over 200 machines in more than 20 states. The company has been in operation since 2015 and has always allowed users to buy and sell Bitcoin (BTC).
Now, with the addition of BCH support, Coinsource is giving its users even more choice when it comes to purchasing cryptocurrency.
NOTE: WARNING: Coinsource Bitcoin ATM is a new technology and should be used with caution. Before using it, please make sure you understand the risks associated with using this type of technology and take the necessary precautions. In particular, please be aware of the potential for fraudulent activities or scams associated with Coinsource Bitcoin ATMs. Additionally, you should always keep your personal information safe and secure when using these machines.
To buy or sell BCH at a Coinsource machine, users simply need to select the “BCH” option on the touch screen interface. The process is otherwise identical to buying or selling BTC.
Coinsource charges a flat fee of 8% for all transactions, regardless of whether you are buying or selling. There is no limit to the amount of BCH that can be bought or sold at a Coinsource machine.
The company has also announced that it will be rolling out support for Ethereum (ETH) in the near future. This will make Coinsource the first Bitcoin ATM network to offer support for multiple cryptocurrencies.
The addition of BCH support is a positive step for Coinsource and gives its users more choice when it comes to purchasing cryptocurrency. With the addition of ETH support in the near future, Coinsource will become even more versatile.
7 Related Question Answers Found
Coinsource is the world’s largest Bitcoin ATM network. They operate in over 40 states within the US and have plans to expand internationally. Coinsource Bitcoin ATMs offer customers a fast and easy way to buy Bitcoin with cash.
A Bitcoin ATM is a machine that allows you to buy Bitcoin with cash or sell Bitcoin for cash. They’re like regular ATMs, but instead of dispensing dollars, they dispense Bitcoin. Bitcoin ATMs are a good way to buy Bitcoin if you don’t have a bank account or want to avoid using a exchanges.
A Bitcoin ATM is a kiosk that allows a person to buy Bitcoin using an automated teller machine. These machines are similar to traditional ATMs, but they allow users to purchase Bitcoin with cash instead of fiat currency. Bitcoin ATMs are a convenient way to buy Bitcoin, especially for people who don’t have access to traditional financial institutions or who don’t want to go through the process of setting up a cryptocurrency exchange account.
A Bitcoin ATM is a kiosk that allows customers to buy bitcoins with deposited cash. Some Bitcoin ATMs also allow the customers to sell their bitcoins in exchange for cash. Bitcoin ATMs are operated by companies that usually also operate traditional ATMs.
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
How Does a Bitcoin ATM Work? A Bitcoin ATM is just like a regular ATM, but instead of dispensing cash it dispenses bitcoins. To use a Bitcoin ATM, you first need to create a wallet with a Bitcoin exchange like Coinbase or Bitstamp.
A Bitcoin ATM is a machine that allows you to buy or sell bitcoins for cash. Bitcoin ATMs are similar to traditional ATM machines, but they allow you to transact with bitcoins instead of fiat currencies. Bitcoin ATM machines typically charge a percentage of the transaction value as a fee, but some machines may also charge a flat fee.