A new step for Bitcoins, a Bitcoin ATM is coming out and this time in Asia. This new ATM will be based on Hong Kong. more specifically Mongkok area, and according to the operators it will be functional by the March-April time period.
The adapters of this new Bitcoin ATM concept announced they will be offering the best Bitcoin price through a partnership with Bitcashout.com an established exchange.
The ATM will provide a comfortable user-end, fast transactions, and security to provide the most customer-friendly service.
This new ATM will offer the ability to purchase Bitcoins using fiat with ease, rather than wasting time waiting for bank-wire and other less advanced methods.
The operators of this new Bitcoin ATM decided to use an innovative and a low-cost bounty system, awarding Bitcoins for different contributions from the crypto-community for such as articles,video and similar.
What is Bitcoin?
Bitcoin is an innovative payment network and a new kind of money.
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open source; its design is public,nobody owns or control Bitcoin and everyone can take part.
Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
You can buy Bitcoin from a Bitcoin exchange; however, there are dozens of brokerage firms that are offering Bitcoin trading services and they even sell them to buyers. Thus, for traders who are looking to cash in the golden opportunity in the trading of digital currency, there are plenty of options. Nevertheless, buying Bitcoin from a safe and secure source is always better an option than buying from retailers who may fraud you.
According to traders the important factor that they need to keep in mind is to buy Bitcoins for anything like Bitcoin trading or for personal uses, they should always buy them from the source that is known for authentic services e.g. Bitcoin exchange, brokerage firm. Some top notch sources such as Bitcoin exchange, brokerage firms, retailers, etc. are offering Bitcoin at attractive costs; traders need to find the one that brings the best offer.
Bitcoin Exchange Have Different Prices
One thing that comes to mind when buying Bitcoin from exchanges is that there are different prices for the same currency. Many customers are confused about this; however, each exchange has its own cut in it and maintenance charge. Thus, there are various reasons that these Bitcoin exchange keep different prices from one another.
Generally, Mt. Gox is the best option for buyers who are looking for a Bitcoin exchange.
Some other options for traders include Bitcoin exchanges such as BitInstant, BitStamp, BlockChain, etc. These have become reliable sources and provide better buying experiences on average for traders or buyers. However, after buying Bitcoins, buyers or traders need to search a brokerage firm that offers Bitcoin trading services if they wish to expand the earnings. Some people keep Bitcoin with them and sell when the prices are higher.
However, not all people buy Bitcoin for trading; rather, they keep them for shopping. Traders who are looking for Bitcoin trading may look for the brokerage firms that offer Bitcoin trading services. There is no lack of such brokers; for instance, you can trade Bitcoin with some brokers such as P AvaTrade, ZoomTrader, SetOption, etc. These brokerage firms offer attractive services for Bitcoin traders and help them get better returns trading Bitcoin anywhere in the world.
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