Pay with Cash Using a Bitcoin Atm near you
What is a Bitcoin ATM?
A Bitcoin ATM, also abbreviated as a BATM, is a self-service kiosk that facilitates the purchase of Bitcoin through the use of an automated teller machine.
Some automated teller machines that deal in Bitcoin offer functionality in both directions, making it possible to buy Bitcoin as well as sell Bitcoin in exchange for fiat currency.
Bitcoin ATMs are not identical in every way to their more conventional counterparts, but they function in a very similar method.
Bitcoin ATM kiosks are devices that are connected to the Internet and allow users to insert cash or a credit card in exchange for bitcoins. These kiosks are also known as bitcoin currency exchanges.
They have the appearance of standard automated teller machines (ATMs), but instead of linking up to a bank account, they link up the consumer directly to a Bitcoin exchange.
This provides a localized and simple option to purchase bitcoins in person and makes the process more accessible. Common locations for Bitcoin ATMs are found in the premises of a retail store, shop, pub, restaurant, shopping mall, or airport.