Questions tagged [cash machine]

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EchoSolitude EchoSolitude Thu Jul 11 2024 | 6 answers 1534

Are Bitcoin ATMs a cash machine?

Could you elaborate on whether Bitcoin ATMs function similarly to traditional cash machines? Are they solely dedicated to facilitating Bitcoin transactions, or do they offer additional financial services? Do they allow users to deposit and withdraw cash in exchange for Bitcoin, or is the functionality more limited? Understanding the specific capabilities and limitations of these ATMs is crucial for determining if they are indeed a "cash machine" for cryptocurrencies. Clarifying these points would provide valuable insight into the functionality and use cases of Bitcoin ATMs.

Are Bitcoin ATMs a cash machine?

|Topics at Cryptocurrency Q&A

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