The Future of Nightlife Is Here: Bitcoin of America Adds Bitcoin ATM to Joy District Chicago – Crain’s Chicago Business

Popular Bitcoin ATM operator, Bitcoin of America, has announced their newest location in one of Chicago's hottest nightclubs. Joy District is known for its nightclub/restaurant hybrid. It is located in the heart of River North and has been awarded as one of Chicago's best and hottest rooftop bars. You can now socialize at Joy District with friends and even interact with a Bitcoin ATM all at the same time.

Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Bitcoin of America is known for ensuring a fast and hassle-free transaction, while providing top of the line customer support. Bitcoin of America is looking to provide their customers with a fast and easy transaction process, while securing the best rate in the market. They are headquartered in Chicago and have locations in most major cities across 31 US states.Bitcoin of America also offers online trade, a wallet and mobile app, and agent locations.

To date, Bitcoin of America has 30 plus Bitcoin ATM locations across the city of Chicago. You can find a majority of their locations in convenience stores, liquor stores, and 24-hour gas stations. This new location is changing the way that most people think about interacting with cryptocurrency. It is rare to find a Bitcoin ATM in a social setting like a nightclub, but Bitcoin of America is finally making this all possible.

Bitcoin of America is always looking to provide convenience to their customers. Their newest Bitcoin ATM location at Joy District also operates as a traditional ATM. Customers have the option to either withdraw cash or choose the cryptocurrency of their choice. Bitcoin of America is looking to change the way that they interact with their customers by making their Bitcoin ATMs more accessible. They launched their all-new universal kiosk this year.

There are 3 total functions that these kiosks offer. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to buy cryptocurrency with cash. The last is that customers can sell crypto in return for cash. They are hoping that these kiosks will help make cryptocurrency into more of a daily normality. What makes these locations so convenient for customers, is that often times there is a need to take out cash beforehand. Now customers have the ability to do it all at one location. Bitcoin of America has also explained that these universal kiosks are great for merchants who typically have a Bitcoin ATM and traditional ATM sitting next to each other because they are able to free up floor space.

Bitcoin of America has made a large footprint when it comes to bringing cryptocurrency to the City of Chicago. They announced in early October that they are now the official entitlement sponsor of The Chicago Blackhawks Post Game show. In August of this year Bitcoin of America also announced that they would be working with WGN Radio Chicago. WGN even added a daily Bitcoin price update sponsored by Bitcoin of America. They are hoping to bring awareness to cryptocurrency by promoting it across all platforms. Bitcoin of America has also been vocal about providing more free opportunities for the public to learn the basics of cryptocurrency and bringing more women into the industry.

Bitcoin of America is looking to places more locations similarly to their newest addition. They even offer a host program for any business owner looking to get involved. Bitcoin of America provides a fully automated, turnkey opportunity for businesses to make extra income by hosting a cryptocurrency exchange. The surprise to many is that all of this comes free of charge when you host a location. Bitcoin of America takes care of everything from maintenance to marketing. All of their locations receive a monthly ad budget on Google and 100+ business directories. With all of this increased marketing, Bitcoin of America mentions that it has led to increased foot traffic as well. There is also a chance for a wider network of customers, as locations are being advertised in new places. Bitcoin of America offers 24/7 customer support to both the host and to the client. They even take care of all maintenance and installation services for the hardware required to run a local bitcoin exchange.

Bitcoin of America is also hoping that their point-of-sale system will allow for locations like Joy District to begin integrating cryptocurrency into their businesses. The POS system allows stores to start accepting cryptocurrency as a form of payment. Similarly, to hosting an ATM, the, cost for this is zero. You even get the same advantages: free advertising, marketing materials, and passive income.

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The Future of Nightlife Is Here: Bitcoin of America Adds Bitcoin ATM to Joy District Chicago - Crain's Chicago Business