The flagship cryptocurrency, Bitcoin has once again proven itself to be the most valuable asset as it continues to maintain a bullish trend after briefly breaching the $40,000 mark. The rising price of the digital asset combined with the need for alternative investments amid the current tumultuous market conditions has increased interest in Bitcoin among new as well as seasoned investors.
As more people look for ways to purchase Bitcoin, one company — Bitcoin of America is not only making it easier for the buyers but also encouraging local businesses to become part of the crypto revolution. Bitcoin of America is a leader in Bitcoin ATMs and is roping in the all-too-familiar mom-and-pop stores and local businesses, thereby offering users convenient access to digital currency right in their neighborhood.
Meanwhile, businesses that are joining Bitcoin of America’s network get an opportunity to be on a global map alongside other Bitcoin ATM locations while securing for themselves an additional source of revenue. Businesses signing up on the platform will get to host the crypto ATM machines on their premises. They can also earn as much as $500 per month in transaction fees, which is in addition to the allocated advertising budgets from the company. Currently, there are 600 Bitcoin of America BTC ATMs in the United States. The network is growing fast, adding anywhere between 80 to 100 new locations to the list each month.
Signing up onto the Bitcoin of America network is an easy process that requires the business owner to just fill a form. Once all the relevant details are provided and credentials verified, the company will onboard them and provide business owners with the necessary equipment and know-how to support customers looking to purchase Bitcoin. The partner will just have to provide a space for Bitcoin of America’s ATM along with access to the power supply and internet connection.
Any necessary licenses, additional infrastructure, and even maintenance of the machines will be handled by Bitcoin of America itself.
An Invaluable Addition to Small Businesses
Most of the small businesses are limited to catering to the needs of their own community, usually with a dedicated set of customers. Under these conditions, they have a limited scope for expansion, and any intention to earn additional income is generally accompanied by the need for capital. But by hosting the Bitcoin of America ATMs, they can potentially leverage the increasing demand for bitcoin at no additional cost.
They also get an opportunity to piggyback on the advertising and publicity campaigns for the Bitcoin ATM, run at the company’s cost across multiple channels to increase footfalls to their main business. They will also be offering their community, an easy and safe way to buy bitcoin through a FinCEN regulated crypto company. In the end, they will also play a key role in further expanding the global cryptocurrency community.