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Home CryptoCurrency

Why Choose Trading Sites over Bitcoin ATMs?

by msz991
April 27, 2021
in CryptoCurrency
3 min read
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Bitcoin Boom
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Trading with Bitcoin has become a rather popular occupation as it provides people with the chance to make a substantial profit in a very short period. That is the reason why thousands of people join the network with each passing day in the recent period. All of them have heard the countless stories of how average residents became overnight millionaires thanks to this cryptocurrency.

When you sign up for the network, you must earn Bitcoins before you can trade with them. The best way to do that is via mining. This process may be extremely hard, but it is free, hence it guarantees a profit. Not only do you receive Bitcoins as a reward, but with mining, you are also helping the network maintain its stability.

Mining requires you to record and verify Bitcoin transactions and integrate them with the blockchain. The more transactions you record; the more Bitcoins you receive as rewards. As for the marketplaces where you can sell them, there are two options – trading sites and Bitcoin ATMs. Bitcoin ATMs were very popular until recently, but trading sites managed to take them off the throne and we are going to see why you should choose them over the ATMs.

Table of Contents

  • Easier Access
  • Additional Services 
  • Smaller Fees 
  • Conclusion

Easier Access

To this day, there are many countries that do not have Bitcoin ATMs. Those that do have them, require you to travel to their physical destination just so that you can log in and take a look at the current market. On the other side, trading sites operate online and you can access them at any time and place.

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Additionally, they use the latest HTML5 technology which makes them fully compatible with mobile, tablet, and desktop devices. All you have to do is connect to the Internet and register.

Additional Services 

Not only are trading sites easy to access, but reputable platforms such as BitcoinPro provide the registered traders with one additional service that can help them maximize their profits. Here’s how that service works.

An AI system is assigned to gather all the data about Bitcoin from the market. That data is analyzed and used to make accurate predictions about Bitcoin’s future price. Since Bitcoin is a highly volatile cryptocurrency, it is hard for traders to know when is the best time to sell them. But, thanks to this service, they gain the tool to maximize their revenue.

In short, trading sites help you in the process of selling, while Bitcoin ATMs do nothing more than connect you with a marketplace.

Smaller Fees 

The small fees are among the numerous advantages that Bitcoin boasts. Well, Bitcoin ATMs made sure that the traders who use their services pay massive fees. On average, these ATMs can charge between 10-25% fees on revenues, which is an astonishing number.

On the other side, trading sites have very small fees. After all, their main focus is to make sure that you sell your Bitcoins at the best price and generate the highest revenue possible. That is also the reason why they provide you with services like the one mentioned above.

Conclusion

It goes without saying that trading sites are far superior compared to Bitcoin ATMs. Thanks to their great features, numerous traders sign up at these sites to trade and profit with Bitcoin. If you are looking to sign up and trade now, be sure to search for reputable sites like the one we mentioned above.

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Two indicators that can tell you whether a site is reputable or not is the number of registered users and the daily profitability rate. Not only that, but you should also check if the trading site offers AI systems that will help you generate the maximum revenue.

Trading sites are the reason why Bitcoin trading is on the rise and why thousands of new people join the network in the search of making a profit. One research has shown that the world may have as many as 100,000 millionaires who made their fortune with this cryptocurrency.

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