Hello to my friends who love life and keep smiling despite all kinds of negativity. In this article, I will talk about the "Bitcoin ATM" that allows Bitcoin and Cryptocurrencies to enter our lives.
Let's buy Bitcoin and Cryptocurrency from ATM ...
Bitcoin ATM is different from conventional bank ATMs. It is not an ATM that allows it to withdraw, deposit or transfer money physically. Their only common point is that they are connected to the internet. Bitcoin ATMs are a standalone device or kiosk that allows it to buy or sell Bitcoin or other cryptocurrencies. They typically transact on the user's digital wallets using a QR code.
At the time of writing my article, 16,533 Bitcoin ATMs are available worldwide. Their number is increasing day by day.
Source by coinatmradar
Source by coinatmradar
Bitcoin ATM are kiosks that connect to the network of Bitcoin and other cryptocurrencies and allow customers to purchase crypto tokens with deposited funds.
General Features of Bitcoin ATMs;
Verification Step (Citizenship ID scan, Citizenship number, Phone number,…)
Depositing Money, Buying Bitcoin and Cryptocurrencies
Withdraw, you will have to wait for Bitcoin transaction confirmations (normally 1 confirmation is used, but according to the machine and operator, the wallet update of their ATMs required customers to wait 6 confirmations before they could cash out. This confirmation varies with other cryptocurrencies.)
Deposits and withdrawals are upper and lower limits.
ATM may have different verifications and limits depending on software / hardware and operator.
Source by coinatmradar
It charges customers a transaction fee for using bitcoin ATM. This fee is usually taken as a percentage of the transaction rather than a fixed currency. The fees for using Bitcoin ATMs are very high for now. That's 5 - 7%
Source by coinatmradar
You can find out the locations of Bitcoin ATMs in your country.
You can get detailed information about bitcoin and crypto money ATMs, ATM locations, operators ... coinatmradar
Yes, my friends, I wanted to inform you about how you can buy and sell cryptocurrencies outside of our lives. My request is to review the transaction steps and transaction fee before using the Bitcoin ATM from which you will receive service.
Hope to see Bitcoin ATMs that will replace the existing fiat money on every corner.
As I always said, listen to everyone, decide for yourself ...
I'm looking forward to your comments. Thanks to your comments, we can shape my next articles together. Let's stay in touch… Take care of yourself so that you and the people around you are happy…
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