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In the second decade of the 21st century, buying Bitcoin is a bit like buying precious metals – you want it as a part of your portfolio as an inflation hedge, but you probably aren't going to walk into a bodega and buy a bag of chips with gold bullion. However, while most stores wouldn't accept a one-ounce Gold American Eagle in exchange for goods and services, many retailers and service providers are accepting cryptocurrency.

Here are the ways cryptocurrencies are commonly used.

  • Money transfers. Transferring cryptocurrency is faster and cheaper than transmitting fiat currency – many altcoins were created especially for the purpose of engaging in monetary transfers. You can even cheaply transfer cryptocurrency while converting it into any currency you like – dollars, pounds, Euros, etc.

  • Purchases. While Bitcoin isn't accepted everywhere – yet – it is increasingly becoming a legitimate monetary alternative at many online and brick-and-mortar retailers.

  • Tipping. If you like a podcast, blog post, or online content and want to show your support and appreciation, send a Bitcoin tip! Sending a cryptocurrency tip is easy and cheap enough to make sending small amounts – even a few cents – feasible. The standard method for transmitting fiat money is so expensive that transaction fees would render a small exchange unaffordable.

Where Can I Buy Bitcoin with Cash Near Me?

If you're looking for a secure and reliable resource for buying Bitcoin and other cryptocurrencies with cash, CoinFlip ATM terminals are easy and secure resources for engaging in cash Bitcoin and altcoin transactions. Intuitive, safe, and conveniently located, CoinFlip ATM terminals can load the cryptocurrency of your choice into your wallet in a fraction of the time it takes to complete a transaction using a Bitcoin exchange. Simply follow the prompts on the terminal, insert your cash, and watch the cryptocurrency load into your wallet! If you want to sell your cryptocurrency for cash, you can us CoinFlip ATM terminals for that, too.

To find the CoinFlip ATM nearest you, visit CoinFlip.Tech to locate all available terminals in your city and state.

CoinFlip offers cryptocurrency investors a fast and safe resource for buying, trading, and selling Bitcoin and altcoin. To learn more, please visit the CoinFlip FAQ page.

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