How to Buy Bitcoin in Los Angeles
In recent years, the popularity of Bitcoin and other cryptocurrencies such as Ethereum, Litecoin, and Bitcoin Cash has exploded. As a result, there has been a growing demand for convenient and accessible methods of buying and selling cryptocurrencies. In guides for buying bitcoin (BTC), it is often advised that you first need to establish an account with a cryptocurrency exchange and then download or purchase a crypto wallet. You can buy bitcoin and other cryptocurrencies another way, without using a computer or a cryptocurrency exchange, that’s more convenient–using a Bitcoin ATM or BTM.
The term BTM stands for Bitcoin Teller Machine, which is essentially an ATM that lets you purchase or sell cryptocurrencies such as Bitcoin with cash, debit, or credit card. Typical Bitcoin ATMs consist of a scanner, a dispenser, and a computer for processing transactions.
The ATM retrieves the current Bitcoin exchange rate from the internet in real-time, which determines the price of the purchase or sale. At the time of purchase, the ATM dispenses the cryptocurrency either to the buyer’s own cryptocurrency wallet (via a QR code scanner on the buyer’s mobile device or paper wallet) or to a paper wallet generated and printed by the ATM. If crypto is sold, then the funds are deposited into the designated account after the transaction.
Here we look at why Bitcoin ATMs are beneficial, what they are, and where you can find them in California.
What is a Bitcoin ATM?
The Bitcoin ATM is a machine that allows users to buy, sell, and exchange Bitcoins and other cryptocurrencies. They work similarly to traditional ATMs, but they dispense cryptocurrencies directly to the user’s wallet instead of dispensing cash. Users can use their credit or debit cards or cash to do these transactions. These crypto ATMs have become increasingly popular in recent years, as they provide a fast and convenient way to buy and sell cryptocurrencies without needing to go through a centralized exchange.
Benefits of Bitcoin ATMs:
Convenience:
Convenience is one of the main benefits of Bitcoin ATMs. People can easily access these machines in public locations such as shopping malls, airports, and convenience stores.
Privacy:
Users can purchase Bitcoin at bitcoin ATMs with greater privacy than they can buy Bitcoin online. Bitcoin ATMs don’t require personal information such as your name or address, which can be particularly appealing to privacy-conscious users.
Speed:
Buying or selling Bitcoin is very quick with a Bitcoin ATM. It takes only a few minutes most of the time. This is especially useful for those who need to make a transaction quickly.
Accessibility
Regardless of how much or little experience one may have with cryptocurrencies, Bitcoin ATMs are accessible to anyone. Machines are designed to be user-friendly, with instructions on how to use them clearly displayed.
Buying or Selling Cryptocurrency in Los Angeles
Bitcoin ATMs are becoming increasingly common in the US, and thousands of machines are currently located throughout the country.
Interested in buying or selling cryptocurrencies in Los Angeles? You’re in luck–the city offers many Cryptobase Bitcoin ATMs that make it simple and quick to purchase cryptocurrencies.
Crypto ATMs Near You
CryptoBase has a network of Crypto ATMs across the United States, especially in Los Angeles, Sacramento, San Francisco, California, and other nearby counties. Their locations are convenient and typically open 24 hours a day. Here are some of the California Bitcoin ATM locations that support buying and selling Bitcoin, Ethereum, Litecoin, and Bitcoin Cash:
15103 South Western Avenue, Gardena, California, 90249, US
Valero – Los Angeles, California
8500 West Pico Boulevard, Los Angeles, California, 90035, US
Valero – Culver City, California
10332 Culver Boulevard, Culver City, California, 90232, US
Sinclair – Los Angeles, California
3130 North Broadway, Los Angeles, California, 90031, US
1133 East Commonwealth Avenue, Fullerton, California, 92831, US
Sinclair – Mission Hills, California
10259 Sepulveda Boulevard, Mission Hills, California, 91345, US
Sinclair – Los Angeles, California
924 North Virgil Avenue, Los Angeles, California, 90029, US
Sinclair – Los Angeles, California
8514 S Hoover St, Los Angeles, CA 90044, US
175 North McKinley Street, Corona, California, 92879, US
Shell – Long Beach, California
598 East Anaheim Street, Long Beach, California, 90813, US
Shell – Long Beach, California
598 East Anaheim Street, Long Beach, California, 90813, US
1680 West Broadway, Anaheim, California, 92802, US
Mobil – Buena Park, California
5989 Beach Boulevard, Buena Park, California, 90621, US
2718 South Iowa Avenue, Colton, California, 92324, US
20223 South Avalon Boulevard, Carson, California, 90746, US
Pacoima Gas – Pacoima, California
13570 Van Nuys Boulevard, Pacoima, California, 91331, US
Chevron – Los Angeles, California
26393 Vermont Avenue, Los Angeles, California, 90710, US
Extra Mile – Whittier, California
15735 Leffingwell Road, Whittier, California, 90604, US
8471 Walker Street, La Palma, California, 90623, US
Chevron – Santa Ana, California
2261 North Fairview Street, Santa Ana, California, 92706, US
Chevron – Highland, California
2505 Highland Avenue, Highland, California, 92346, US
1001 Redondo Avenue, Long Beach, California, 90804, US
Chevron – Bellflower, California
17106 Bellflower Boulevard, Bellflower, California, 90706, US
Beyond Food Mart – Rialto, California
906 South Riverside Avenue, Rialto, California, 92376, US
ARCO – Los Angeles, California
4860 Huntington Drive North, Los Angeles, California, 90032, US
1100 West Manchester Boulevard, Inglewood, California, 90301, US
7-Eleven – Arcadia, California
102 East Huntington Drive, Arcadia, California, 91006, US
76 – Moreno Valley, California
12970 Day Street, Moreno Valley, California, 92553, US
7-Eleven – Inglewood, California
8307 South La Cienega Boulevard, Inglewood, California, 90301, US
7-Eleven – Torrance, California
2504 Torrance Boulevard, Torrance, California, 90503, US
The use of bitcoin ATMs allows individuals to buy and sell Bitcoins conveniently, privately, and conveniently. Any person with a basic knowledge of the internet, and an understanding of how to use a computer, can use one of these machines to participate in the cryptocurrency world with ease.
