Reasons to Be Interested in Using Ethereum in Philadelphia, PA

by | Aug 20, 2021 | Financial Services

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Most people have a vague idea of what Bitcoin is. If you mention Ethereum, people start to scratch their heads. However, the simple fact that you can find an Ethereum ATM near Philadelphia, PA, proves that Ethereum has power. In fact, Ethereum is the second-largest cryptocurrency by volume on the planet. It has countless users and is growing every single day.

Ethereum has two purposes. One is to store value, and the other is to act as a currency. Ethereum serves as a superhighway for decentralized finance. Instead of being a digital gold, like many describe Bitcoin, Ethereum is the software platform that is used to run blockchain. This means that users are able to interact with the platform by using the Ethereum cryptocurrency or to store value.

There are basically two groups of people who would be interested in an Ethereum ATM near Philadelphia, PA. On the one hand, you have developers. They want Ethereum for the value of the software platform. The other group, which represents the majority, is looking to invest in crypto as a way to grow wealth over time.

Ethereum came out in 2015. Since that time, it has been second only to Bitcoin in value. Ethereum has the potential to do far more than Bitcoin ever could. This is why there is a growing interest in this cryptocurrency.

Learn more about the potential of Ethereum and see how RockItCoin Bitcoin ATM is helping people get access to Ethereum by placing and selling ATMs when you visit their website.