Bitcoin ATMs are similar to regular ATMs, but instead of spitting out local currency, like dollars or euro, Bitcoin ATMs deliver bitcoins to your wallet upon the insertion of cash,here are different types of Bitcoin ATMs made by a variety of companies. Most, however, require no verification whatsoever.
How can you know if there is a Bitcoin ATM near you?
We have a Bitcoin ATM map that will show you how to find a Bitcoin ATM near you.Before buying from an ATM, know this:
Bitcoin ATMs are private, but there are some downsides. Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.
This markup is the price people are willing to pay for the privacy that Bitcoin ATMs provide.