![]() ![]() Suggested reading: 6 Reasons Why You Should Use a Bitcoin ATM Are crypto ATMs safe?Ĭrypto ATMs are the safest way to buy bitcoin and other cryptocurrencies using cash. Their accessibility and convenience make crypto ATMs an excellent choice for those making their first crypto purchase or their hundredth. Crypto ATMs do not require you to have a bank account, undergo long onboarding processes, or wait excessive amounts of time to buy or sell your cryptoĬrypto ATMs are typically found in incredibly convenient locations like corner shops, grocery stores, gas stations, restaurants, and more. All that is required to use a crypto ATM is cash, a crypto wallet, and a phone number, depending on the size of your transaction. Some crypto ATMs also allow you to sell your cryptocurrency for cash.Ĭrypto ATMs make cryptocurrency easily accessible by making it extremely easy for anyone to buy crypto. What is a crypto ATM?Ĭrypto ATMs, also known as Bitcoin ATMs, are automated teller machines that allow you to convert your cash into cryptocurrencies like bitcoin, ether, dogecoin, and more. They are incredibly simple to use and allow you to make transactions fast, with very minimal onboarding requirements compared to using an exchange.īut, what is a crypto ATM exactly and how does it work? CoinFlip explains everything you need to know about crypto ATMs as a beginner. For many, converting cash to cryptocurrency at a crypto ATM is the most convenient way to participate in crypto markets securely. Crypto ATMs have been popping up worldwide to make bitcoin and other cryptocurrencies as accessible as possible. ![]()
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