Bitcoin ATM (BATM)
A business that operates physical kiosks that allow a person to purchase bitcoinThe term "Bitcoin" can either refer to Bitcoin the network, ... More by using cash or a debit card. Some Bitcoin ATMs offer bi-directional functionality enabling both the purchase of bitcoin as well as the sale of bitcoin for cash. In some cases, Bitcoin ATMA Bitcoin ATM (Automated Teller Machine) is a business who o... More providers require users to have an existing account to transact on the machine. There are two main types of Bitcoin machines: cash kiosks and ATMs. Both types are connected to the Internet, allowing for cash or debit card payment, respectively, in exchange for bitcoins given as a paper receipt or by moving money to a public key on the blockchainA blockchain is a shared digital ledger, or a continually up... More. Bitcoin cash kiosks look like traditional ATMs, but do not connect to a bank account and instead connect the user directly to a Bitcoin exchange. Bitcoin-enabled ATMs are traditional ATMs and connect to a bank account to allow for a cashless purchase of bitcoin.