In a decade since Satoshi Nakamoto invented Bitcoin, it is all set to revolutionize and reinvent traditional, financial and social structures. Cryptocurrency is a promising financial system that can bring billions of “unbanked” individuals to a new global economy.

Bitcoin has proved to be a disruptive economic innovation, capable of changing the way banks and other financial institutions operate. As the world countries choose to progress towards the adoption of Bitcoin and other cryptocurrencies, the demand for cryptocurrency is expected to increase.

Kiosks that allow crypto adopters to buy virtual currencies using fiat or debit card will act as a catalyst in the mass adoption of crypto. These digital kiosks have the capability of introducing crypto in places that would have otherwise remained in the dark regarding virtual currencies. Looking at how these innovative kiosks make the use of virtual currencies easier and widespread, the demand for Bitcoin ATMs and Kiosks have grown over the years.

Many believe that a surging demand for real-world locations to trade Bitcoin is a sign of the next major thing in the digital breakage of the economy. But many are doubtful whether installing ATMs are enough to drive mass adoption of Bitcoin and Crypto? Let us find out whether buying bitcoin on kiosk will foster mass adoption of cryptocurrency and if so, what are the advantages of buying bitcoin on kiosks?

Buying Bitcoin on Kiosks

The acceptance of cryptocurrency is the beginning of a revolution which offers enormous opportunities to improve and even transform the face of the financial system. Once Bitcoin becomes widespread, respected and legitimate, it will pressurize the central and local banks to reduce service and transaction costs in order to remain competitive.

With these expectations, investors across the globe are empowering innovations to catalyze the mass adoption of crypto in the form of Bitcoin ATMs and Bitcoin digital kiosks.

Crypto kiosks are becoming prosperous in diversity with their network spread all across the world in more than 75 countries. Statista reported over 4700 bitcoin ATMs worldwide with more than 31 manufacturers and over 400 operators as of May 2019 much more than 3500 in 2017.

Source: www.statista.com

This clearly indicates that Bitcoin ATMs and kiosks are driving mass adoption of crypto but how?

How and Why buying bitcoin on kiosks will drive its mass adoption?

Bitcoin ATMs and kiosks have found their way wherever there are large numbers of active and potential cryptocurrency users from malls to fast food restaurants etc. They are crucial for creating a crypto economy.

Bitcoin ATMs make buying bitcoin or other coins convenient: Bitcoin Kiosks and ATMs function as an alternative to exchanges providing easy access to anyone interested in investing in Bitcoin. As these self-service digital kiosks are decentralized, there is no risk of information manipulation.

Also, trading Bitcoin via kiosks and Bitcoin ATMs is easier as compared to the troublesome process of trading on exchange platforms. It also allows the unbanked population to purchase bitcoins using cash which is otherwise impossible on an exchange. KIBIS self-service kiosks offer the facility of buying BTC and other cryptocurrencies using fiat.

Bitcoin kiosks bring crypto to real life: A larger section of our population is not relevant with technical terms used in the Blockchain and crypto world. Bitcoin kiosks and Bitcoin ATMs bring the blockchain or complex digital exchange to daily use.

Growth of the crypto world: There are many factors influencing the growth of cryptocurrency. The growing popularity of Bitcoin and other cryptocurrencies is surging their demand which in return is boosting Bitcoin ATM and kiosk trading.

New opportunities for Bitcoin ATM business startup: Along with the expansion of the crypto market, the surging demand is creating a unique opportunity for entrepreneurs looking to position themselves in the market before mainstream adoption.

Giving public access to buy bitcoin and other cryptocurrencies on kiosk would encourage the mass adoption of crypto while giving many startups endless opportunities to prosper.

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