What is a Bitcoin ATM?

Bitcoin ATM s ( Automated Teller Machine) are kiosks that allow a person to purchase Bitcoin and other cryptocurrencies by using cash or debit card. Some Bitcoin ATMs offer bidirectional functionality, enabling both the purchase of Bitcoin and the sale of Bitcoin for cash.

What is a Bitcoin ATM kiosk?

Bitcoin ATM kiosks are machines which are connected to the Internet, allowing the insertion of cash or a credit card in exchange for Bitcoin. They look like traditional ATMs, but they do not connect to a bank account and instead connect the customer directly to a Bitcoin exchange for a localized and convenient way to purchase Bitcoin in person.

What are the best Bitcoin ATMs?

The top operators of bitcoin ATMs are Bitcoin Depot (19.1% of the market share), CoinCloud (14.1%) and CoinFlip (9.7%). When you spot a bitcoin ATM, you’ll often find it has a QR code plastered on it prompting you to download a particular crypto wallet that’s supported by the ATM machine.

Does rockitcoin have a Bitcoin ATM?

KYC is done conveniently at the ATM, and RockItCoin does not share or sell your personal information to others. Easier to use than traditional ATMs. You don’t even need a bank account or debit card at RockItCoin’s Bitcoin ATMs. We have Bitcoin ATMs operating in 1,900+ locations across the United States. There’s probably one near you right now!