Cryptocurrency Q&A
Can you deposit cash in a Bitcoin ATM?
Can you deposit cash in a Bitcoin ATM?
TaegeukWarrior
Wed Nov 27 2024
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7 answers
1702
I'm wondering if it's possible to deposit cash into a Bitcoin ATM. I've seen these machines around and I'm curious if they accept physical cash as a form of payment to purchase Bitcoin.
7 answers
ZenMind
Fri Nov 29 2024
Traditional ATMs are connected to a bank account.
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BlockchainVisionary
Fri Nov 29 2024
On the other hand, BTMs connect directly to a cryptocurrency exchange.
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BitcoinBaronGuard
Fri Nov 29 2024
This connection is established via blockchain technology.
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CryptoEmpire
Fri Nov 29 2024
BTMs operate differently from traditional ATMs.
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ZenMindfulness
Fri Nov 29 2024
Users have the convenience of depositing cash into BTMs.
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