Unbank introduces bitcoin-to-cash conversions at zero fees to support the bitcoin community. In a push to foster bitcoin adoption in America, Unbank has introduced crypto cashouts at 40,000 locations without taking any fees.
This means bitcoin and crypto holders can enjoy zero fee cash-outs, thanks to Unbank. Users can choose to get physical cash or receive funds to their bank account, PayPal or Venmo.
To make use of the offer, interested users can get started in minutes. After downloading the Unbank App on their smartphone, users can register with only an email and phone number. Once they’re registered, they just need to find a cashout location in their area and create a sell order on the app.
“We’ve been on a mission to make bitcoin gains easy to access with our nationwide ATM network, and the zero fee offer highlights our commitment as a reliable operator in the space,” comments co-founder and CEO, Emilio Pagan-Yourno.
With the new offer, Unbank makes it easy and convenient for Bitcoin holders to utilize their bitcoin when the portfolio value explodes. Users can receive cash at over 40,000 locations nationwide or use electronic cash options.
Why cash out bitcoin or crypto?
While the price of bitcoin steadily rises, many new millionaires are being born. Anyone who seeks to take profits, has to find an off-ramp to turn bitcoin into dollars.
Crypto users are faced with many challenges on their way to financial freedom. Finding a trusted exchange to trade, avoiding scams, and other pitfalls, and finally converting some crypto back into dollars.
The journey can be treacherous and, in understanding that, Unbank has made a special offer. With the Unbank app, users can avoid the hefty fees for conversions seen on other major exchanges. This allows Bitcoin holders to sell bitcoin with zero fees, hidden charges or spread, and get the exact dollar amount they want in cash, or receive the funds directly to their debit card, Paypal, or Venmo.
Why does Unbank offer zero-fee cash withdrawals?
“Our users have supported us and helped us grow for the last 10 years and we decided to give back to everyone by doing away with all fees on sell transactions,” explains Unbank CEO Emilio. “Not only can users buy bitcoin with cash very easily, but now they can sell bitcoin if they need and get the exact amount of cash that day, which I feel is very important.”
The company is headquartered in Boynton Beach, Florida and operates over 830 ATMs in 45 states and also offers buying and selling at over 40,000 store locations, such as CVS or Walgreens.
“Our customers love that they can cash out bitcoin instantly without much waiting time,” explains Pagan-Yourno. For amounts below $900, users only have to provide their phone number and email address to be eligible for daily cashouts.
Clients who wish to convert higher amounts can upgrade their KYC tier and be unlocked within a few minutes. According to the founder, the smaller size of their team allows them to provide a superior customer service experience compared to larger competitors.
“Our app is very easy to use, onboarding is quick and our support staff is always available over the phone to resolve any issues in a quick fashion,” says Pagan-Yourno.
Unbank has a long history as a trusted bitcoin ATM operator. The first ATM was commissioned in 2014 in New York City, a stone’s throw away from the infamous Pubkey bitcoin bar, where president-elect Donald Trump made his first bitcoin transaction this year.
Unbank celebrated its 10th anniversary earlier in June and opened its 830th ATM location in November. It’s one of the longest operating bitcoin providers in the industry.
More details on Unbank.com