Cryptocurrency Simplified: a Beginner’s Guide to Cryptocurrency in Texas
As you may know, Texas hasn’t been excluded from the cryptocurrency boom. As this revolutionary technology’s influence spreads further and further each day, new applications, exchanges, and questions seem to pop up left-and-right. In Austin, cryptocurrency conferences and meetups have become the norm, and, in San Antonio, many businesses have begun to accept crypto as payment. If you’re looking to get started on your cryptocurrency journey or learn more about cryptocurrency in Texas, then you’ve come to the right place.
Here’s Pelicoin's quick guide to cryptocurrency in Texas.
Who Are We?
Pelicoin is the Gulf South’s largest cryptocurrency ATM network, and we’ve just unveiled five new ATMs in Texas, with five more slated to launch in the next month. It’s our mission to simplify cryptocurrency by making it easier and safer to buy, educate newcomers to the cryptocurrency community, and spread awareness by way of our ATMs.
Users can buy Bitcoin, Ethereum, and Litecoin at our ATMs. All you need is a digital wallet! For more information as to how our platform works, see our how to use page.
Cryptocurrency in Texas
There’s a reason we launched our new ATMs in Austin and San Antonio—Texas has long been a hotbed for new and revolutionary technologies. That 72-mile-long corridor between Austin and San Antonio is touted as the cradle of technology and innovation. From advancements in aerospace engineering to early breakthroughs in personal computing, Texas is tech-forward.
Texan legislation regarding cryptocurrency is also cutting-edge. Unfortunately, as cryptocurrency attracts attention, scammers have been taking advantage of first-time buyers. However, Texas was the first state to take action against one of these schemes. After making deceptive claims to the public, a Texas-based cryptocurrency firm was fined and made to pay reparations to the affected investors.
News like this indicates that Texas is a safe place for new users to engage with cryptocurrency because the state plays an active role and is invested in the market.
Additionally, Texas may even take the helm once again by officially recognizing stablecoins as cash.
Taking the liberal attitude towards cryptocurrency in Texas into account, you can expect the Lone Star State to be a major industry leader in the coming years.
With this exciting information in mind, how can a new user break into the burgeoning cryptocurrency scene in Texas, and what should you know before you make your first purchase?
Cryptocurrency Simplified: Important Information for New Users
Because demystifying cryptocurrency is our mission at Pelicoin, we do everything we can to provide new users with information that will help them get started as easily as possible.
As we all know, new technology creates a buzz. In the case of cryptocurrency, the news has exploded with stories about blockchain, Bitcoin, Litecoin, Ether, Libra, exchanges, stablecoins, mining, bearish and bullish markets, and fiat currencies. It can be easy to get lost in the whirlwind of new ideas and terms and become somewhat intimidated by cryptocurrency.
The good news is that you don’t have to be a financial whiz to participate in the crypto market!
With all the buzz in the media about cryptocurrency scams, identity theft, and illegal exchanges, many new users are apprehensive before they make their purchases.
What makes now a great time to buy cryptocurrency is the technology at our disposal. Platforms like ATMs provide the security that online exchanges simply don’t have. With a Pelicoin ATM, you know your information will always be safe and that you can easily contact us if you have any questions or issues.
On top of that, Pelicoin’s ATMs are conveniently located throughout the Gulf South. This way, you’re never too far from a reliable and secure place to purchase cryptocurrency.
That’s why Pelicoin is the best way to buy cryptocurrency in Texas!
See our current locations below:
Exxon Tiger Mart - 526 W Cevallos, San Antonio, TX, 78204
Diamond Express Valero - 2315 Harry Wurzbach Rd, San Antonio, TX, 78209
Chevron - 2726 Lockhill Selma Rd, San Antonio, TX, 78230
Pronto Food Mart - 4301 Duval St., Austin, TX, 78751
Beatnik Market - 4415 Manchaca Rd., Austin, TX 78745
Your Texas Cryptocurrency ATM Network
Whether you’re ready to buy cryptocurrency in Texas for the first time or the hundredth time, Pelicoin is a convenient and easy-to-use exchange on a familiar platform.
Our blog is full of useful and interesting information regarding a wide variety of topics related to Bitcoin and cryptocurrency in general. However, if you don’t find the answer you were looking for, feel free to contact us at 855-PELICOIN or support@pelicoin.com today.