Cryptocurrency Q&A
Can you buy bitcoin in a Bitcoin ATM?
Can you buy bitcoin in a Bitcoin ATM?
GeishaMelody
Tue Jul 16 2024
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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.
9 answers
Sara
Thu Jul 18 2024
Regarding Bitcoin ATM machines, a prevalent observation is that they primarily accept cash.
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Valentino
Thu Jul 18 2024
This limitation poses a challenge for those seeking to purchase Bitcoin with a card.
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Tommaso
Thu Jul 18 2024
However, a viable workaround is to utilize a fiat currency ATM.
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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.
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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.
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