Bitcoin cash (BCH) is now available for trading in dozens of new physical locations across the US. The American ATM network Athena Bitcoin has added support for buying and selling the cryptocurrency for fiat cash on all its machines.
Bitcoin Cash ATM Network
Midwest US-based cryptocurrency ATM network Athena Bitcoin has recently announced that bitcoin cash (BCH) has been made available on all of its machines. This is only the third cryptocurrency now supported by the ATM network following bitcoin (BTC) and litecoin (LTC).
Athena machines offer both the buying and selling of cryptocurrency, which means American BCH holders have gained not only a new convenient method to increase their stockpile of the cryptocurrency but also the ability to easily exchange it for fiat in case they need to pay in shops that don’t accept credit or crypto.
The company explains to clients that bitcoin cash is a fully independent currency that features a different price, development team, and community compared with BTC, and that they will therefore need to use a BCH supporting wallet for buying the cryptocurency. The Athena Bitcoin wallet does not support BCH yet, but the company promises that it will be soon after an upcoming update.
— Athena Bitcoin (@AthenaBitcoin) February 16, 2018
ATMs Across America
Athena has 55 ATMs in eight American states (Florida, Georgia, Illinois, Missouri, Ohio, Pennsylvania, Texas and California) as well as one machine located in Yucatán Mexico at a place called Lapa Lapa Altabrisa Mérida. It features in locations that offer maximum convenience for everyday people such as gas station owners, bodegas and pawn shops.
Its ATMs are designed to allow users to purchase cryptocurrency without a bank account, debit card or credit card. The company promises people can buy cryptocurrency for the machines in as little as 90 seconds with just an appropriate crypto wallet on their smartphone.
Should bitcoin ATM networks add support for even more cryptocurrencies? Tell us what you think in the comments section below.
Images courtesy of Shutterstock, Athena Bitcoin.
The post American ATM Network Athena Bitcoin Adds Bitcoin Cash Support appeared first on Bitcoin News.
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Author: Avi Mizrahi