If you are just getting into the whole cryptocurrency thing, you may be wondering what your options are in terms of getting Litecoin, Bitcoin, Bitcoin Cash, or Ethereum. You’re in luck because you can buy Bitcoin in Philadelphia using nothing more than a special ATM made just for this purpose. We’ll walk you through exactly what you need to know before making your first purchase.
Understanding Cryptocurrency
If you don’t know a lot about cryptocurrency, we want to start there with the basics. The most popular and well-known cryptocurrency is Bitcoin, which is a digital currency that offer peer-to-peer transactions using cryptography to ensure the transaction is private and no third-party has access to information about it. There are several difference cryptocurrencies available today, but the ones that allow you to buy Bitcoin in Philadelphia offer Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.
Need for a Cryptocurrency Wallet
When you are going to purchase Bitcoin, one of the things you will need is a wallet. However, we don’t mean the wallet you have in your back pocket that carries your identification, cash, and credit cards. You can get a wallet in paper or digital form, but most people choose to go with the latter. You can use the RockItCoin wallet quite easily whether you have an Android smartphone or an iPhone. This will allow you to receive and send Bitcoin no matter where you are.
Purchasing Your First Bitcoin
If you are looking to purchase Bitcoin or Litecoin in Philadelphia, the RockItCoin ATMs make it a simple experience. There are several different ATMs in the Philly area including Euclid. Every ATM allows you to purchase various cryptocurrency without requiring you to give up your personal identifying information. For those outside of Philadelphia, there are other ATMs to visit, as well.
Those who want to make large transactions of $10,000 or more can also look at over-the-counter trading in the city. You will have access to experienced traders who can walk you through the entire process to make the transaction safe and simple, no matter your level of experience with Bitcoin and Ethereum.
Get Bitcoin Today
If you’re ready to get going with Bitcoin or Bitcoin Cash, RockItCoin makes it a breeze. You can learn more about the process, about cryptocurrency itself, or find nearby ATMs by visiting us at Sitename.