Cryptocurrency Q&A Can you buy bitcoin in a Bitcoin ATM?

Can you buy bitcoin in a Bitcoin ATM?

GeishaMelody GeishaMelody Tue Jul 16 2024 | 9 answers 1802
Can you elaborate on the process of purchasing Bitcoin through a Bitcoin ATM? I'm curious to know if it's a convenient and secure method of acquiring cryptocurrency. Are there any specific steps involved, such as scanning a QR code or entering a wallet address? Also, what are the typical transaction limits and are there any associated fees? It would be great to have a general overview of the experience, as I'm considering using a Bitcoin ATM as an alternative to online exchanges. Can you buy bitcoin in a Bitcoin ATM?

9 answers

Sara Sara Thu Jul 18 2024
Regarding Bitcoin ATM machines, a prevalent observation is that they primarily accept cash.

Was this helpful?

57
56
Valentino Valentino Thu Jul 18 2024
This limitation poses a challenge for those seeking to purchase Bitcoin with a card.

Was this helpful?

247
80
Tommaso Tommaso Thu Jul 18 2024
However, a viable workaround is to utilize a fiat currency ATM.

Was this helpful?

219
30
Andrea Andrea Wed Jul 17 2024
By withdrawing cash from one's bank account at a traditional ATM, individuals can then proceed to a Bitcoin ATM.

Was this helpful?

267
80
BonsaiBeauty BonsaiBeauty Wed Jul 17 2024
Nonetheless, for those who prefer using cash to purchase Bitcoin, this process provides a convenient alternative to traditional card-based transactions.

Was this helpful?

245
21
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts