Bitcoin atm wiki

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How to use a Bitcoin ATM
A Bitcoin ATM, also known as a cashpoint or ATM, is a specialized machine that enables users to buy and sell Bitcoin. Bitcoin ATMs (automated teller machine) are kiosks that allow a person to purchase Bitcoin and other cryptocurrencies by using cash or debit card. A bitcoin ATM is an Internet-connected kiosk that allows customers to purchase bitcoins and/or other cryptocurrencies with deposited cash.

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You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. Scale your career with online video courses. The offers that appear in this table are from partnerships from which Investopedia receives compensation. ISBN Several analysts and regulators have compared US bitcoin ATMs to payday loans , as both are poverty industries which increase the cost of poverty by charging significantly higher fees to people who lack access to mainstream banking.