Bitcoin ATM aka Bitcoin Kiosk
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Introduction
Ok, what about the ATM aka Kiosk? What’s the difference between them?
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Bitcoin kiosks look like traditional ATMs, but do not connect to a bank account and instead connect the user directly to a Bitcoin wallet or exchange. While some Bitcoin machines are traditional ATMs with revamped software, they do not require a bank account or debit card.
A BATM is a kiosk that lets you buy Bitcoin using an automatic teller machine or a dedicated Bitcoin Kiosk. Some offer both the purchase of Bitcoin as well as the sale of Bitcoin for cash. Bitcoin machines are the same as ATMs but are similar.
These kiosks are self-service machines connected to the Internet. You use cash or credit card in exchange for Bitcoin. They look like traditional ATMs, but they connect the customer directly to a Bitcoin exchange for a convenient way to purchase Bitcoin in person. Conventional interchange fees with banks are eliminated. Common locations are retail stores, shops, taverns, restaurants, malls or airports.
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