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Bitcoin ATMs in Madrid offer USDT for purchase and sale too
blog about bitcoin atms in madrid

Bitcoin ATMs in Madrid offer USDT for purchase and sale too

Thanks to stablecoins, you can secure your profits from cryptocurrencies at any time without having to exit to fiat currencies. The ability to buy or sell one for cash, in a few minutes, and with a low commission, is therefore a real treat. And, well - Bitcoin ATMs offer this treat, especially during discount events when the fee is 0%. Under certain limits, they are private, too.

Stablecoins are also often used during market issues, because they allow investors to avoid severe losses resulting from a dozen or even several dozen percent market declines. This is possible because USDT stablecoins are pegged to the US dollar in a 1:1 ratio. This means that 1 USDT should always cost exactly 1 USD.

  1. Bitcoin ATM with zero commissions to buy USDT
  2. Why is it worth using stablecoins when selling cryptocurrencies?
  3. A trusted Bitcoin ATM operator
  4. Where to find a recommended Bitcoin ATM in Madrid, and how to use it?

Bitcoin ATM from inside the room
A typical Crypto ATM where you can buy or sell USDT by scanning a QR code

However, it must be remembered that, as in the case of exchanges, exchange offices, wallets for storing funds and many other things used by people trading cryptocurrencies, only proven solutions should be used. The category of stablecoins is becoming more and more extensive every year, but not all "digital dollars" are safe. This was demonstrated, among others, by the recent collapse of the algorithmic stablecoin UST. How to protect yourself against it? The best solution is to use only popular and verified projects, a great example of which is Tether (USDT).

Bitcoin ATM with zero commissions to buy USDT

When it comes to buying stablecoins, investors have several different options:

  • register on one of the crypto exchanges, undergo KYC verification, top up the account with a bank transfer or card and exchange money, for example, for USDT,
  • make an appointment at a stationary cryptocurrency exchange and exchange cash for a stablecoin,
  • use one of the dozens of trusted Bitcoin ATMs.

The last option is the most convenient and profitable. Firstly you do not need to provide your data to anyone, register an account, or conform to someone else's schedule. In today's world, every second provision of data equals the fact that we make them available for sale to marketing agencies as leads or for other purposes. Private transactions are therefore one of the last bastions of privacy. Secondly, whether someone intends to buy or sell their USDT, they have a chance to do so with zero commission

example of a bitcoin atm in Barcelona
Example of a Bitcoin ATM where USDT can be bought and sold

Although it is a stereotype that Bitcoin ATMs have high commissions, it is true - the average is from 8% to as much as 15% in Europe. However, about 3 operators in the world regularly reduce commissions to 0%, and Shitcoins.club is one of them. The company's Bitcoin ATMs also operate in other countries, which can be used during trips abroad. In addition to USDT on trc20, they also offer both the sale and purchase of BTC, ETH, LTC, DASH.

Why is it worth using stablecoins when selling cryptocurrencies?

In accordance with the law in force in some countries (eg. Poland), each cryptocurrency sale transaction and exit to traditional fiat currencies (e.g. dollars or Polish zlotys) is associated with the need to pay taxes on the profits obtained. Thanks to stablecoins, this can be dismissed, because despite the fact that their value is linked to the US dollar exchange rate, in the light of the law they are treated like other cryptocurrencies. Of course, in the end we will have to pay the tax anyway - but only when the stablecoin is paid out in cash, i.e. the whole procedure can be simply postponed. 

If you are interested in the topic of taxes - visit the page “Bitcoin ATMs in Madrid and Taxes - everything you need to know”. 

This is especially useful as each tax settlement is complicated, and may involve making a mistake that will end fatally for us. That's why it's better to settle all your crypto taxes at once - and that's good, instead of stressing about it regularly.

Stablecoins are also useful for people who want to use a temporary uptrend to exit their investment for a while. In such a situation, it is enough to exchange bitcoin, ethereum or another cryptocurrency for USDT. Stablecoins can be safely stored on your own hardware wallet, so you don't have to worry about the collapse of an exchange or other intermediary. However, if in the meantime something happens in the cryptocurrency industry and the rates start to fall, stablecoins give you the opportunity to quickly buy selected cryptos.

So regardless of the current exchange rates, it is always worth having some USDT on hand, which, if necessary, can be used to buy bitcoin without the need to fund the exchange from your bank account.

A trusted Bitcoin ATM operator

The most popular operator of Bitcoin ATMs in Europe, with almost 200 locations, enables customers to buy or sell on extremely favorable terms. It happens that compared to popular exchanges, the company gives up to 3% more value. At the same time, in the case of single transactions, you do not have to worry about any verification, as long as you remember about the limit of EUR 1,000. The resulting privacy is useful to some customers and has a key impact on the ever-growing popularity of ATMs. After all, not everyone wants to reveal to external entities how much they intend to invest in cryptocurrencies. Nobody wants to share their personal data for sale.

crypto atm offering usdt
Except USDT on trc20, these Bitcoin ATMs also offer ETH, LTC, DASH, TRX and BTC

Another advantage of this operator's offer is that its Bitcoin ATMs are very easy to use. All you need to do is prepare the cash you want to exchange for crypto or USDT, put it in the device, scan the QR code of your wallet and ... that's it. After a few - several minutes (depending on the network load), the Bitcoin ATM in Madrid, or any other Bitcoin ATM will send the purchased funds to the wallet indicated by the user. You can sell your cryptocurrencies just as easily (USDT on trc20, ETH, DASH, LTC, BTC).

Where to find Bitcoin ATM Wrocław and how to use it?

As for the Bitcoin ATM in Madrid, you can use it near the Duka store in Bielany Wrocławskie. The exact address is Centro Comercial Madrid Sur, Av. de Pablo Neruda, 91, 28018 Madrid, Spain.

Thanks to this location, the cryptocurrency ATM in Madrid is available from 9:00 to 0:00. This makes selling bitcoin, buying stablecoins and other most popular transactions available to anyone interested, regardless of the day of the week. And quite secure, too, due to the fact it being at a mall.

Other Crypto ATMs in the capital can be found on the list of all Bitcoin ATMs in Madrid.

Finally, let us mention that investing in cryptocurrencies is subject to risk. An unwise investor will always lose against the experienced one. We should never count on luck when big money is involved.

Mike Schmidt

This industry that seemingly sprang up overnight thanks to the rise of Bitcoin in pop culture has also created a new beat for journalists and enterprising reporters who have a front row seat for this technology’s evolving role. Mike is one of them!

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Blog for Bitcoin ATMs in Madrid

The community of investors using Bitcoin ATMs in Madrid is growing quite rapidly. New devices are popping up every month. Prices, fees, KYC and Bitcoin all fluctuate quite visibly. It is becoming harder and harder to stay in the loop of what is happening in the Bitcoin ATM market in Madrid. With this blog, you are able to follow the recent developments and never miss out on changes in law or new methods of trading crypto privately with cash.