Wednesday 26 July 2017



How Bitcoin ATM help grow the bitcoin exchange in India

The amount of bitcoin ATMs in service throughout the world has grown at an unexpected rate. Just in the month of June, the total number of bitcoin ATMs that were installed globally reached 7 per cent, with the highest growth in countries like US, Canada, and Austria. This growth of the number of ATM tells the popularity of bitcoin exchange in those countries and how the economy is getting used to the bitcoin evolution. People trust in bitcoin exchange if they can find a bitcoin ATM wherever they go to see how their operations are being accomplished. 

In the case of countries like India the number of bitcoin ATM is not as big as the number of the countries mentioned above. All companies that dispute the top best bitcoin exchange in India—like Unocoin, Bitxoxo or Zepbay— should emphasize the installation of this ATMS as tools to buy and sell bitcoins in India. If the number of Bitcoin ATMS increases the best bitcoin exchange in India grows too. The physical aspect of having a machine available, wherever the customer could go, assures the comfortability of customers. Therefore, more merchants and investors feel the attraction for the cryptocurrency and the companies that promote it. 

In addition, another reason for installing new bitcoin ATMS is that there are so few machines available that most of the bitcoin users do not know where they are located; therefore, it is necessary both to install them and to let know customers the place where it is in order to improve the bitcoin exchange in India. 

It is seen in websites and blogs on the internet that users and investors are worried because of the slow adoption of the cryptocurrency in the country and that thousands of people are expecting this kind of actions and improvements for making and intense participation in the bitcoin exchange. To buy and sell bitcoins in India will be easier with  the promotion of  training in all the levels of population about bitcoin, more inclusion of merchants every day in the process of acceptation of bitcoin and the installation of bitcoin ATMS.

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