Bitcoin ATM in Memphis, Tennessee: Pelicoin Bitcoin ATM

When you’re looking for a trustworthy Bitcoin ATM in Memphis Tennessee, where can you turn? Pelicoin is the largest and safest network of Bitcoin ATMs in the entire Gulf South, so when you turn to us, you know that you’re in secure hands. Whether you’re passing through town to visit Graceland or are a resident of the Home of the Blues, we have a convenient Pelicoin Bitcoin ATM location for you.

Pelicoin’s Convenient Bitcoin ATM in Memphis Locations 

At Pelicoin, we know that you need a Bitcoin ATM in Memphis that’s in a convenient location, easy to use, and as secure as can be. That’s why our Bitcoin ATMs are placed strategically across the city, but all designed with the same user friendliness and security. 

Chickasaw Express Shell (2962 Poplar Ave.)

Whether you’re on your way to a class at the University of Memphis or having a fun day with the family at the Children’s Museum of Memphis, this Pelicoin ATM location makes it easy to swing by. Located on the bustling Poplar Avenue, this Pelicoin Bitcoin ATM in Memphis is centrally placed so you can drop by during your busy day in Memphis.

Not only is there a Pelicoin Bitcoin ATM at this location -- there’s a Shell Gas Station, a Chickasaw Express Market, and a Goodie’s diner. After purchasing your Bitcoin you could make your way to Benjamin L. Hooks library for some quiet reading or head over to Lost Pizza Co. for some delicious take out pizza. If neither of those interest you but you have an interest in music, check out the Amro Music Store that isn’t too far from this Bitcoin ATM in Memphis. The options for fun are truly endless at this Bitcoin ATM location near you. Securely purchase some Bitcoins, fuel up your car, and get some Chinese take out from Goodie’s all in one go!

Hop-In Exxon (833 S BB King Blvd.)

On your way downtown and in need of a Bitcoin ATM in Memphis Tennessee? Then look no further than this Pelicoin Bitcoin ATM! Our ATM on S BB King Boulevard is just minutes away from the Rock ‘n’ Soul Museum, the Clayborne Temple, and so many other staples of Memphis culture. While you’re at this Bitcoin ATM, stop by the 24/7 Exxon gas station or the Hop-In convenience market. 

Exxon (6121 Poplar Ave.)

Locals and tourists alike enjoy how Memphis culture is spread throughout the city, not just in the downtown area. This Bitcoin ATM in Memphis Tennessee is positioned on the outskirts of Memphis near the gorgeous trails and lakes at Shelby Farms Park. The Exxon gas station and convenience shop where this ATM is housed are open 24/7, so you never have to worry about not getting Bitcoins right when you need them.

Shell’s Shelby Express (5510 E. Shelby Dr.)

Need a quick jolt of Bitcoin before your visit to the Memphis International Airport? Or before you zip south down Interstate 78 and cross over into Mississippi? This Bitcoin ATM in Memphis is on the way to both those destinations and to so many others as well! While you’re stocking up on Bitcoins here, you can also gas up your car and pop into the convenience store. There’s even a Memphis Taco Shop in this location, known for its authentic taste and fresh ingredients. 

Exxon (186 N. Danny Thomas Blvd.)

What do you do when you’re out and about town late at night, but you can’t find an open Bitcoin ATM in Memphis? You check out the 24/7 Bitcoin ATM located at this Exxon station, situated conveniently between Downtown and Uptown Memphis! Our easy-to-use ATMs allow you to get your gas, coffee, and Bitcoins in a matter of just minutes without worrying about your personal security. Then you can be on your way to the Convention Center, the Slave Haven Underground Railroad Museum, or wherever your busy life takes you next. 

How Do I Find a Memphis Bitcoin ATM Near Me?

Many people wonder where exactly they can find a Bitcoin ATM location in Memphis Tennessee. But when it comes to your financial security, not just any Bitcoin ATM will do. You need a Bitcoin ATM in Memphis that you can absolutely rely on. 

When you use a Pelicoin ATM, you know that you’re getting the most secure network of Bitcoin ATMs in the Gulf South. Our customers trust us because our customer service goes above and beyond their expectations. Besides, our website has a map of every Pelicoin ATM location for your convenience.

Why Is Pelicoin the Best Bitcoin ATM Memphis Has to Offer?

When you have a question about your personal finances, you don’t want to be put on hold for hours or given an automated response. You want to know that a real human being actually cares about what you’re saying to give you their undivided attention.

Whether you’re new to Bitcoin or have been mining for a decade, our staff is willing and able to address whatever concerns you may have about using our Bitcoin ATMs in Memphis. Want proof? Take a peek at our blog. There you will find updates on the latest cryptocurrency trends, user friendly guides, and more. 

Our machines are open late or 24 hours a day. Pelicoin is the fastest and most secure way to turn cash into Bitcoin. The only things you need to use a Pelicoin ATM is cash to convert into cryptocurrency, at least $20, and the QR code/address of your cryptocurrency wallet. Pelicoin ATMs are the best Bitcoin ATMs because they are set up similarly to traditional cash ATMs, providing users with familiarity and simplicity.

You might be wondering how exactly we help our Memphis Bitcoin ATM customers. To best suit your personal needs, we have a variety of customer support methods. 

  1. Our devoted support line is available six days a week to assist your needs. Call 855-PELICOIN, beteen 8AM and 5PM and someone will be glad to take care of you. 

  2. We also have an email service available. While we may be out of the office or too busy assisting other customers to answer the phone, we always answer Emails promptly; seven days a week. Email support@pelicoin.com.

  3. We provide a step-by-step guide for how to use our Bitcoin ATM. Click “how to use” at the top of the homepage and learn to use the ATM like an expert. 

  4. Visit our list of frequently asked questions to accompany our step-by-step guide. 

Bitcoin ATM Memphis Cryptocurrency Options 

Did you know that our ATMs offer not just Bitcoin, but Litecoin and Ethereum too? Since Bitcoin is the most well-known cryptocurrency, we use the term to refer to multiple forms of alternative currencies. 

What Is Bitcoin? 

Bitcoin is the most widely accessible and secure type of cryptocurrency. Existing for 12 years, Bitcoin has no security failures and has proven its ability to act as currency by working as a medium of exchange, a unit of account, and a store of value. Acting as a store of value is essential to saving money. As Bitcoin has the best security of all cryptocurrencies, its ability to store value most effectively and securely makes it superior to other cryptocurrency forms. 

Bitcoin has a successful track record of holding firm and bouncing back from dips in its value. It is the best currency for consistent, long-term growth. Of course, all currency rates are affected by the global market economy; however, Bitcoin has the best track record for the quickest returns to upward growth. Bitcoin has had a consistent upward slope in pricing since its introduction into the market in 2009, currently sitting around $30K. Some people who are interested in investing in Bitcoin may be hesitant because of how volatile it seems. However, when Bitcoin drops, it always makes a comeback. When you invest in Bitcoin you’re making a long-term investment into your future. 

What Is Litecoin? 

Litecoin, like Bitcoin, is a rather popular cryptocurrency. However, Litecoin is unique from Bitcoin in several ways. Litecoin transactions, for instance, can be confirmed in one-fourth of the time that it takes for a Bitcoin transaction to be confirmed: in 2.5 minutes rather than 10. 

This might not sound like a big deal in and of itself. But it’s important to keep in mind that, when we’re dealing with large volumes of transactions, processing speeds are very important.

That Litecoin is popular among cryptocurrency users is also important to note, as the value of a currency is dependent on its rarity and usage. In other words, Litecoin becomes increasingly valuable as its user base increases.

What Is Ethereum?

Unlike Litecoin and Bitcoin, Ethereum is actually a decentralized computing platform and Ether is the platform’s cryptocurrency. Ethereum allows developers to create decentralized apps (Dapps) or new ways to control money. 

Smart contracts are built with Ethereum to send codes that indicate the current value of the blockchain’s market. Because of smart contracts, Ethereum can process transactions faster than Litecoin. While people tend to look at Bitcoin as the world’s leader in cryptocurrency, ether is also incredibly popular in it’s own right and has broken many records over the years. The key difference between Bitcoin and Ethereum is that Bitcoin was founded for the purpose of being a new type of currency. Ethereum was founded in 2014, as a way to facilitate unchanging programmatic contracts via its own currency, Ether.

Benefits of Bitcoin ATMs in Memphis

Why are there so many Bitcoin ATMs in Memphis all of the sudden? Cryptocurrencies have been around for a while now and popular among mining enthusiasts, but within the last few years, Bitcoin has gained much greater popularity. 

One of the main reasons that people not just in Memphis, but all over the world, have increased their use of cryptocurrencies is because of their decentralization. Alternative currencies such as Bitcoin are not controlled by traditional financial institutions of power, such as governments and banks. Cryptocurrencies put the power directly within the consumer’s hands. 

Our Pelicoin Bitcoin ATMs help further this mission by making it easier than ever to be a trader and consumer of cryptocurrencies. No special mining software needed: find a Pelicoin Bitcoin ATM in Memphis, and our user friendly ATMs walk you through the rest.

Bitcoin and other cryptocurrencies are rising in popularity. To prepare for the future of cryptocurrency, start by investing in it today and monitoring the market. If you’re ready to start with having some of your own cryptocurrency, visit a Pelicoin ATM today! At a Pelicoin ATM, you can easily purchase cryptocurrency in Memphis, Tennessee. It’s easy, convenient, and resembles the ATMs you’re familiar with at local banks.

Now more than ever, people are able to purchase bitcoin in more mainstream forms. There are various apps and tools available that allow you to spend your Bitcoin on everyday things like groceries. You can even take your Bitcoin on vacation and you won’t have to worry about converting currency. Once you make your purchase from any Bitcoin ATM in Memphis, you can spend your Bitcoin in style.

User-Friendly 

Most Bitcoin ATMs in Memphis can be intimidating to first-time users. They assume that you already understand how cryptocurrencies work, and they require you to already have a cryptocurrency wallet.

Not true for Pelicoin Bitcoin ATMs. 

Memphis Bitcoin ATMs are easy to use even if it’s your first time doing anything with Bitcoins. All of our ATMs walk you through the steps of buying Bitcoins, transferring your Bitcoin to your wallet, and/or setting up your very own digital wallet.

Efficient

With our Bitcoin ATMs in Memphis, there’s no standing around for a good quarter of an hour or more waiting for the machine to process your transaction. Pelicoin ATMs are designed to perform each operation in as little as 15 seconds. Simply tell the ATM your phone number, punch your verification code into the ATM, and you’re ready to rock ‘n’ roll. 

Safe and Secure

No more worrying about fraud when it comes to your finances. With Memphis Bitcoin ATMs, there are no third parties involved in our transactions. Pelicoin is a name that you can trust because we’ve spent years building our reputation as the most secure network of Bitcoin ATMs in the Gulf South.

Bitcoin transactions are decentralized, so all of your personal information such as your address and social security number are stripped from the transaction details. This makes it nearly impossible for criminals to steal your Bitcoins. This is why so many choose to invest in Bitcoin. In many ways, it’s safer than traditional banking. Many people love to take Bitcoin on international vacations, leave your wallet at home and trust Bitcoin to take care of your international purchases. With Bitcoin you don’t have to alert your bank and worry that someone will steal your credit card information. All those problems are a thing of the past when you invest in this cryptocurrency.

Access to Cryptocurrency

Investing in cryptocurrency online involves going through a lot of trouble, sorting through websites, and learning their processes. Cryptocurrency ATMs, on the other hand, are familiar and easy to use. Our ATMs are in locations that you commonly visit, like gas stations and convenience stores, making them easy to access. Furthermore, the interface resembles that of a traditional banking ATM. Because the interfaces are so similar to conventional ATMs, using them is almost intuitive.

How to Use Bitcoin ATM Memphis

It’s never been easier to purchase Bitcoins than with our Bitcoin ATM in Memphis. All you need before approaching a Pelicoin ATM is your cell phone and at least $20 in cash. Then simply follow these steps:

  1. Press the “Buy Coins” button.

  2. Tell the Memphis Bitcoin ATM how many dollars you want to convert.

  3. Enter your cell phone number on the keypad.

  4. Your cell phone will receive a verification code. Enter this verification code on the keypad. 

  5. Choose the cryptocurrency you wish to buy: Bitcoin, Litecoin, or Ethereum. 

  6. Choose how to receive your cryptocurrency from your options of “QR Code Scan,” “Enter Wallet Address,” or “Create Paper Wallet.”

Bitcoin ATM Statistics

Bitcoin first hit the scene in 2009 and, over a decade later, continues to be the cryptocurrency with the greatest reach across the world. 

Limited Bitcoin

Did you know that there is actually a set number of Bitcoin? 21 million Bitcoin are out there to be mined, and 18 million have already been mined successfully. Once 21 million Bitcoin have been mined, no more Bitcoin will be mined and only those 21 million will be in circulation.

Since the number of Bitcoin waiting to be discovered is diminishing, whenever a certain amount of Bitcoin has been mined, Bitcoin performs a “block halving.” This means that, after every 210,000 blocks, the block reward gets cut in half. The block reward refers to how much Bitcoin miners receive when they successfully mine a new block. 

Bitcoin becomes more difficult to acquire with each subsequent halving. See when the next block halve will take place.

Bitcoin Address

Bitcoin, just like other alternative currencies, uses random letters and numbers to create a destination within Bitcoin’s network. This address is what you give to the recipient to allow the transaction to occur. 

It is important to understand that an address is not the same as a cryptocurrency wallet. An address is designed to be used a single time. A cryptocurrency wallet, on the other hand, can be used time and again, and it is where you can store multiple cryptocurrencies.

After you create a wallet through your computer, cell phone, or a Pelicoin Bitcoin ATM in Memphis, you will receive your first Bitcoin address. There is no limit to how many addresses your wallet can generate. These addresses can be given to your friends so that they can send you payments, or so you can pay them. 

Bitcoin Users

Our goal is for Bitcoin to become accessible to everyone, regardless of their demographics. 

As of right now, however, it’s interesting to note that women make up only 12% of Bitcoin users compared to 88% of users being men. A Bitcoin survey from 2015 revealed that nearly 60% of the 3,500 participants were under 35 years of age. From that same survey, over 65% identified as Caucasian, and the next largest group by race identified as Asian. 

Bitcoin is most commonly transferred into either the US dollar or the Japanese yen. 

Bitcoin ATM Memphis: Find Your Pelicoin ATM Today

Now that you’re primed and ready to use Bitcoins, it’s time to find your nearest Bitcoin ATM in Memphis! As long as you have a Bitcoin wallet and card, or at least $20 in cash, your online transactions will be easy and sufficient. Whether you are using your Bitcoin wallet or need to create one, Pelicoin Bitcoin ATMs, The Gulf South's largest, most secure Cryptocurrency ATM network, is compatible with your Bitcoin purchases, sales, or cash withdrawals. With no ATM processing fees, you can use your digital wallet to make transactions or create a paper wallet at the ATM if you don’t have a digital wallet.

At Pelicoin, we strive to make every Bitcoin transaction as user friendly, secure, and convenient as possible. Visit our full website to learn more about what it’s like to use the Gulf South’s leading and most secure crypto ATM service. Learn more about our cryptocurrency or Bitcoin ATM Austin locations, contact us today at support@pelicoin.com or visit our Frequently Asked Questions page.