Bitcoin ATM’s are becoming increasingly popular as a way to buy and sell bitcoin. Athena Bitcoin is one of the leading providers of Bitcoin ATM’s, and in this article we’ll take a look at how their ATM’s work.
When you arrive at an Athena Bitcoin ATM, you’ll be presented with a simple interface. You’ll be able to select whether you want to buy or sell bitcoin, and then input the amount of fiat currency you want to exchange.
Once you’ve inputted this information, the ATM will generate a QR code which you can scan with your mobile wallet.
Once you’ve scanned the QR code, the ATM will dispense the appropriate amount of bitcoin into your wallet. If you’re selling bitcoin, the process is reversed – you’ll scan the QR code with your wallet and send the bitcoin to the ATM, and then the ATM will dispense the appropriate amount of fiat currency.
One of the advantages of using an Athena Bitcoin ATM is that they offer a much higher limit than traditional exchanges – you can buy or sell up to $3,000 worth of bitcoin per day. They also have a very low fee structure, with a flat $2 fee for all transactions.
Overall, Athena Bitcoin ATM’s are a convenient and easy way to buy or sell bitcoin. They offer high limits and low fees, and their simple interface makes them easy to use for even first-time bitcoin users.