I came across the term 'BTM ATM' and I'm not sure what it means. I've seen ATM before, which stands for Automated Teller Machine, but I'm confused about the BTM part. Can someone explain the meaning of this term to me?
5 answers
Bianca
Sun Nov 03 2024
BTM stands for
Bitcoin Teller Machine, which functions essentially as a Bitcoin ATM.
SilenceSolitude
Sun Nov 03 2024
These machines facilitate the purchase of Bitcoin and other cryptocurrencies using cash.
Maria
Sun Nov 03 2024
The process is straightforward: users insert cash into the machine, select the desired cryptocurrency, and complete the transaction.
Maria
Sun Nov 03 2024
Upon successful completion, the purchased crypto is immediately sent to the user's digital wallet.
Margherita
Sun Nov 03 2024
BTCC, a top cryptocurrency exchange, offers a range of services that complement the functionality of BTMs.