Athena Bitcoin, an ATM provider, has announced that customers using its machines will now be able to buy and sell Bitcoin Cash. The company, which is based in the Midwest, wishes to offer American cryptocurrency investors with a convenient and cost-effective way of investing in Bitcoin Cash. This is the first time that Bitcoin Cash will be available from ATMs. Until now, only two cryptos, Bitcoin and Litecoin have been supported by ATM providers.
\r\nBitcoin Cash was created on 1st August 2017 following a hard fork on the Bitcoin blockchain. The main difference between Bitcoin and Bitcoin Cash is that Bitcoin Cash uses larger blocks which increases the number of transactions which can be processed and the speed at which they can be completed. It is hoped that Bitcoin Cash will help to overcome some of the scaling problems faced by Bitcoin, which have seen lengthy transaction times and high fees become increasingly common.
\r\nAthena Bitcoin currently operates 55 ATMs which are located in Ohio, Georgia, Texas, Pennsylvania, California, Florida, Missouri, and Illinois. A bank account is not required in order to make purchases using the ATMs. All a customer needs is fiat currency and a bitcoin cash wallet address.
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