Categories: CryptoNews

Newest RockitCoin Bitcoin ATM Can Be Accessed 24/7

There is a growing need for Bitcoin ATMs which can be accessed around the clock and preferably come in the form of two-way machines. The latest Bitcoin teller machine in Chicago is not a two-way device, but it can be accessed 24/7. RocketItCoin is on the right track by the look of things.

Another 24/7 Bitcoin ATM In Chicago

It may sound strange to some people knowing that they can’t access Bitcoin ATMs on a 24/7 basis in most cases, but there is a good reason why this is not the case. A Bitcoin ATM is more portable than the average bank teller machine, and they are not built into the wallet like an outside ATM would be.

This is why operators need to take additional security precautions to ensure the device cannot be stolen. But there are some Bitcoin ATMs available around the clock, and another one of these machines has been added by the RockItCoin team earlier today.

With this new Bitcoin ATM installed at Amstar Gas Station in Aurora, IL, consumers will have access to a machine where they can buy cryptocurrency with cash at any given time. Do keep in mind this device has a daily limit of US$2,500 in transactions, although it should take a while to reach this threshold.

Related Post

At the time of publication, no details had been revealed related to the fees for buying Bitcoin through this Genesis Coin ATM. This seems to be a recurring trend with RockItCoin ATMs in the Chicago area, as none of the devices list their fee on the website or CoinATMRadar.

Something has to give in the Chicago area sooner or later, though, as the number of Bitcoin ATMs in the region keeps on growing. With close to 40 different machines in this region of the US alone, there are plenty of opportunities to buy Bitcoin. Bearing in mind how there are 633 Bitcoin ATMs all over the world right now, the concentration in the Chicago area is quite striking.

Source: Reddit

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Hyperliquid Proposes 37M HYPE Burn as Validators Prepare to Vote

Hyperliquid is facing one of its most consequential governance moments yet. A proposal now before…

2 days ago

Tether Introduces PearPass, a Local-First Password Manager With No Servers

Tether has entered a new category. The company announced the launch of PearPass, a peer-to-peer…

2 days ago

Solana Takes First Steps Toward Quantum-Resistant Security

The Solana ecosystem is beginning to prepare for a future many in crypto still treat…

3 days ago

Institutional Bitcoin Accumulation Enters a New Phase

Bitcoin accumulation is no longer subtle. It’s visible. It’s deliberate. And it’s accelerating. In the…

3 days ago

Ripple Expands RLUSD to Layer 2 Networks, Laying the Groundwork for Institutional DeFi

Ripple is pushing its stablecoin strategy beyond a single chain. The company has announced it…

3 days ago

Standard Chartered and Coinbase Deepen Institutional Crypto Partnership

Standard Chartered and Coinbase are pushing their institutional crypto relationship into a new phase. On…

4 days ago