Where to Buy Bitcoin in San Antonio
Whether you live in San Antonio or are just visiting, you need to know where to buy Bitcoin in San Antonio. Bitcoin is one of the first cryptocurrencies to gain mainstream popularity in the market, and Texans enjoy having access to popular cryptocurrency options in their cities. If you want to benefit from this 21st century payment method, read on to find out how to buy cryptocurrency in San Antonio.
Get Bitcoin in San Antonio at Convenient ATMs
Pelicoin has fully taken root in San Antonio, and that means that there are plenty of ATMs to quickly buy Bitcoin in the area! Pelicoin is dedicated to supplying a safe, reliable, and easy way to buy Bitcoin, as well as Ethereum and Litecoin, in the southern United States. All of Pelicoin’s San Antonio locations are open 24 hours a day, and offer quick and reliable service at any time of the day.
What is a Bitcoin ATM?
A Bitcoin ATM is just what it sounds like: a cryptocurrency ATM that allows people to deposit and withdraw money to and from their digital wallets. This allows them to purchase and sell cryptocurrencies from the ATM itself. These ATMs are the most efficient way of investing cash into cryptocurrency, and selling cryptocurrencies in exchange for cash. Pelicoin’s Bitcoin ATMs provide a place to buy and sell three of the most popular cryptocurrencies on the current market: Bitcoin, Ethereum, and Litecoin. These ATMs have been strategically spread throughout San Antonio to offer a convenient place for anyone to manage their investments in their area.
Bitcoin, Ethereum, Litecoin: What’s the Difference?
Bitcoin is the cryptocurrency that has received the most mainstream attention, often cited as the inspiration for many other coins like it. Launched in 2009, Bitcoin today is the largest cryptocurrency based on market capitalization. Rather than being controlled by one all-powerful entity (like the U.S. dollar), Bitcoin is a decentralized currency, meaning that no one person or entity controls the network. This creates a “trustless” environment; when dealing with Bitcoin, you don’t have to trust any one controlling entity to ensure the value of the currency you are trading.
Bitcoin’s highest price has increased exponentially since its humble beginnings- when it was started, Bitcoin was worth less than a penny. Amid fluctuations, Bitcoin has reached as high as $68,000 per unit. The crypto market as a whole has been growing in size over the years, and Bitcoin has been leading the charge since 2009.
Ethereum is a unique and open-sourced blockchain that allows users to create their own cryptocurrencies and applications on the platform. The cryptocurrency native to the platform, Ether, is available for trade at Pelicoin’s various ATMs in the San Antonio area. In terms of market capitalization, Ether is second only to Bitcoin. Ether has reached an all-time high of $4,800, while issuing approximately six times the amount of coins as the number one cryptocurrency.
Litecoin is another Bitcoin-like cryptocurrency, finding its start in 2011. It has been relatively steady and reliable during its tenure as a decentralized currency. Litecoin in 2011 sought to introduce improvements to the traditional Bitcoin formula, and found their niche in the introduction of drastically faster block mining rates, meaning that mining one Litecoin was faster and less intensive than mining one Bitcoin. Since the beginning, Litecoin has become a staple in the decentralized market.
Is Bitcoin a Good Investment?
Investing in cryptocurrency may be a good way to diversify your finances and prepare for the future. The world is gradually becoming more and more open to using crypto as a main form of payment, and investing in cryptocurrency may help you to stay ahead of the curve. With plenty of places to buy Bitcoin in San Antonio, Pelicoin is making buying and selling decentralized currency more accessible to those in the Gulf South.
Cryptocurrency in Texas
There are many different meetups for crypto enthusiasts, investors, and those wishing to learn more about the subject in Texas. Here are some meetups in San Antonio:
San Antonio Bitcoin and Crypto: Boasting over 1,000 members, this is the largest regular meetup in San Antonio for cryptocurrency enthusiasts. This is a cross-disciplinary meetup where miners, investors, developers, and others meet to discuss cryptocurrency.
CryptoHouse: This is an informational and educational meetup meant to further the members’ knowledge on crypto and advance their investment opportunities. CryptoHouse currently has over 600 members, and holds meetups regularly.
Government Blockchain: Government Blockchain is a group meant for those working in the public sector interested in how cryptocurrency and blockchain technologies affect the government.
There are many different crypto meetups throughout Texas, offering any enthusiast in the state a place to come and discuss cryptocurrency. Check out our list of crypto meetups in Austin for more ideas.
ATM Locations: Where to Buy Bitcoin in San Antonio
Pelicoin currently has four ATM locations in San Antonio, all of which are open 24/7. These locations have been spread throughout the city to ensure that everyone has access to a Bitcoin ATM in their area.
Exxon Self-Serve
526 W. Cevallos St, San Antonio, TX 78204
Open 24/7, the Exxon Self-Serve on Cevallos Street in San Antonio is a great place to buy bitcoin for those who find themselves looking to buy bitcoin in central San Antonio.
Chevron
2726 Lockhill Selma Road, San Antonio, TX 78230
Open 24/7, the Chevron station on Lockhill Selma Road is a great option for those looking for a reliable spot to buy bitcoin in San Antonio’s north side.
Chevron
2207 N PanAm Expressway, San Antonio, TX 78230
This location is open 24/7. Located just off of I-35 on the east side of central San Antonio, this location is perfect for anyone looking for a quick stop.
Valero Express Mart
2315 Harry Wurzbach Road, San Antonio, TX 78209
Also open 24/7, this location can be found in northeast San Antonio, the perfect place for residents of the area to stop by for all their Bitcoin needs!
Find a Bitcoin ATM Near You
Pelicoin is dedicated to bringing the cryptocurrency revolution to the southern United States, and making the conversion between cash and crypto easily accessible to everyone. View our ATM locations, or check out our blog to learn more about cryptocurrency, investment opportunities, and current trends in the market.