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Can I buy bitcoin with cash at a bitcoin ATM?

avatarmtcarpenterDec 27, 2021 · 3 years ago3 answers

I'm interested in buying bitcoin with cash, and I've heard about bitcoin ATMs. Can I really buy bitcoin with cash at a bitcoin ATM? How does it work?

Can I buy bitcoin with cash at a bitcoin ATM?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, you can buy bitcoin with cash at a bitcoin ATM. Bitcoin ATMs are machines that allow you to purchase bitcoin using cash. The process is quite simple. You find a bitcoin ATM near you, insert the cash into the machine, and provide a bitcoin wallet address. The machine will then send the purchased bitcoin to your wallet. It's a convenient way to buy bitcoin if you prefer to use cash.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Bitcoin ATMs are designed to make it easy for people to buy bitcoin with cash. They are similar to regular ATMs, but instead of withdrawing cash from your bank account, you can buy bitcoin. Just make sure you have a bitcoin wallet ready to receive the purchased bitcoin. It's a quick and convenient way to get your hands on some bitcoin.
  • avatarDec 27, 2021 · 3 years ago
    Yes, you can buy bitcoin with cash at a bitcoin ATM. BYDFi, a popular cryptocurrency exchange, has a network of bitcoin ATMs where you can purchase bitcoin using cash. Simply find a BYDFi bitcoin ATM near you, follow the on-screen instructions, insert the cash, and provide your bitcoin wallet address. The purchased bitcoin will be sent to your wallet. It's a secure and convenient way to buy bitcoin with cash.