Buying Bitcoin using an ATM

cryptop

New Member
Dec 10, 2019
2
0
bitcoinorbis.com
Bitcoin ATM is one of the fastest ways to buy (and sell) bitcoins, depending on the machine type. You can complete the process in minutes or even seconds.

Almost all ATMs have the same basic process:

  • You scan the QR code of your Bitcoin address.
  • You feed bank notes into the machine.
  • You click Send and wait for the Bitcoin to appear on your wallet address.

Using a Bitcoin ATM is with no doubt a very easy way to buy bitcoins, but not a cheep one. The average ATM charges a fee of 5-10%. that is the price of privacy since most don’t require verification.
here are two leading sites that can help you locate a Bitcoin ATM near your location:

coinatmradar.com
CoinATMRadar, a website that compares more then 3500 ATMs worldwide. The ATMs on CoinATMRadar are displaid on a map, Each one with its own features. Read the full review.


bitcoinatmmap.com
This is another Bitcoin ATM location map service. A map configuration can show you a variety of things including the fee %, location, nearby amenities, type of machine, and type of transaction. You can also add information about any of the ATMs.

Read the full Bitcoin ATM 2020 guide.
 

CryptoStar19

Member
Jun 11, 2021
49
7
ATMs might be convenient, but they have some of the highest fees in the world... also they don't require verification only when purchasing small amounts. There are online venues where small purchases don't require verification and you don't pay the enormous fees of those ATMs, so I wouldn't really recommend buying bitcoin from an ATM.