What is a Bitcoin ATM? Definition and List of Providers

Bittime - A Bitcoin ATM (Automated Teller Machine) is a kiosk machine that allows users to buy, and sometimes sell, Bitcoin and other cryptocurrencies using cash, a credit card, or a debit card. 

It works similarly to a traditional ATM, but instead of withdrawing or depositing cash, users can purchase Bitcoin which will then be sent directly to a Bitcoin wallet, such as the Bitcoin.com Wallet app. Some machines even allow users to sell Bitcoins and withdraw cash.

Bitcoin ATMs are connected to the internet, providing direct access to Bitcoin exchanges and offering a convenient way to buy Bitcoin directly. You can find Bitcoin ATM locations in a variety of places, including retail stores, cafes, restaurants, malls, and airports.

Provider Bitcoin ATM

Bitcoin ATM providers are companies that manufacture, manage, and sometimes operate these machines. They are responsible for the hardware and software that ensures the machine is safe, easy to use, and complies with local regulations.

Coinhub offers more than 2,000 ATM locations across the country, making it possible to purchase Bitcoin without the need for a prior account. Users can register directly on the machine and complete transactions in less than two minutes.

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Lowest Fee Bitcoin ATMs provides machines with daily purchase limits of up to $50,000 and a fast registration process. They offer secure and fast transactions, accepting cash and sending Bitcoins directly to users' wallets.

Byte Federal prioritizes security and privacy, providing an ATM network as well as a POS system to buy and sell cryptocurrency safely.

Coinme, as the first licensed Bitcoin ATM operator in the US, has thousands of locations that allow cash transactions and offers free wallets for users.

coinflip, with more than 5,000 kiosks worldwide, is committed to providing inclusive and accessible financial solutions through cryptocurrency.

Cash2Bitcoin offers over 800 ATM locations, allowing users to purchase crypto with a daily purchase limit of $25,000 and competitive fees.

Shitcoins.club focuses on customer privacy, offers "No Fee" discounts and is in the process of rebranding to Bitomat.

Bitstop, one of the largest Bitcoin ATM networks, has more than 2,500 locations and offers a fast and easy sign-up process.

HODL Digital Services provides ATMs for buying and selling Bitcoin, Litecoin and Ethereum with customer support and competitive fees in Canada.

BudgetCoinz known for its low fees and fast transactions, it offers an easy purchasing process that can be completed in less than two minutes.

Conclusion

With so many providers and the ease of access offered by Bitcoin ATMs, more and more people are interested in entering the world of cryptocurrency. This makes Bitcoin ATM a practical solution for those who want to buy Bitcoin directly and quickly.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.