Assets, Bitcoin

Do Bitcoin ATMs Take Cash?

Bitcoin ATMs are machines that allow you to insert cash and receive a corresponding amount of bitcoin in your digital wallet. While most Bitcoin ATMs only support buying bitcoin, some machines also allow you to sell your bitcoin for cash.

Not all machines support both buying and selling, so be sure to check before using a machine.

NOTE: WARNING: Bitcoin ATMs are not the same as traditional ATMs. They may not take cash, and may only accept debit or credit cards. Additionally, be aware that some Bitcoin ATMs come with extra fees and/or limits on how much you can buy or sell. Be sure to research the specific machine you are using before transacting any money.

Bitcoin ATMs typically charge between 5-10% for each transaction. The fee goes to the operators of the ATM, not to the network itself.

Bitcoin ATMs are a convenient way to buy bitcoin if you have cash on hand. However, they are not typically the cheapest option available.

If you’re looking to get the best price for your bitcoin, you’ll likely need to use an online exchange.

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