Bitcoin ATM machines are the perfect way to start buying bitcoin with no risk. After introducing the Bitcoin ATM machine, it became popular quickly.
The best part of using the BTC ATM machine is that it doesn’t require extensive expertise, and you can use it without complicated access procedures.
But the question is, where can I find bitcoin ATM locations to buy my first bitcoin? Is there a bitcoin ATM machine near me? If yes, then how do I find bitcoin ATM locations?
So, to know all, keep reading.
What is a bitcoin ATM machine?
A Bitcoin ATM machine is a kiosk that allows a person to buy Bitcoin using an automatic teller machine. Some Bitcoin ATMs are unidirectional, and some are bidirectional. based on offering bi-directional functionality, enabling both the purchase of bitcoin as well as the sale of bitcoin for cash. Find out more about it here.
Who provides BTC ATM machines?
As you know, bitcoin is decentralized, and no government can control it. So the same procedures follow on the BTC ATM machine as well.
So in order to install a crypto ATM, you will have to contact ATM machine provider companies. There are many third-party companies that provide BCT ATM machines to shopping stores or merchants that want to install a crypto ATM for their business.
Can an individual person install a BTC ATM in their home or store? Yes, if crypto trading is made legal by the government in your country, it charges about $15,000+ and varies depending upon ATM generation, functionality, and size.
Some popular crypto ATM machine providers are Bitcoin Depot, Bitnovo, Cryptospace, and Genesis. Keep scrolling; We have given more about it below.
How does a crypto ATM machine work?
Bitcoin kiosks are not like traditional ATM machines, but they work and look like traditional machines. Currently, there are two types of bitcoin ATM machine
- Unidirectional
- Bidirectional.
The unidirectional ATM allows buying bitcoin or other cryptos, while the bidirectional ATM allows both buying and selling BTC or cryptos. To run both unidirectional and bidirectional ATMs, they need to be connected to the internet, while a traditional ATM does not require the internet, and BTC ATMs are not connected to your bank account.
Using a Bitcoin ATM.
A bitcoin ATM machine does not connect to your bank account, so in order to use a BTC ATM, you must have a crypto wallet on your mobile device and cash or a card in your pocket.
To buy bitcoin from a Bitcoin kiosk, you will have to enter an amount and BTC destination address. We know the address is too long to type, so let the ATM machine scam your bitcoin address that appears in your mobile wallet and then insert bank account or card details. When you complete the transaction, your BTC will arrive at a given bitcoin address. You can also print out a receipt for your transaction.
If the Bitcoin ATM machine is bidirectional, then you can also sell your cryptos for cash. So for cash out, enter some amount in fiat that you want to withdraw for cash, and then the BTC ATM machine will give you a printout of your wallet address with a QR code, and you will need to send the present amount in bitcoin at a certain time by scanning the code with your mobile wallet. Then, by scanning the same printed QR code later at the ATM machine, you can withdraw the cash equivalent amount.
Where can I find bitcoin ATM locations or bitcoin ATM machines near me?
It’s not easy to find bitcoin ATM locations. If you know, then you are lucky. Just visit and use it. Otherwise, there are two ways to find bitcoin ATM locations.
- By visiting the websites of bitcoin ATM machine-provider companies.
- By visiting Coinatmradar to find a bitcoin ATM machine near me.
Let’s see which bitcoin kiosk companies are most popular and have map features to find bitcoin ATM machines near me.
Bitcoin Depot.
It is a multi-cryptocurrency ATM machine and offers to buy and sell BTC, ETH, LTC, and BCH across the United States. Via your phone number, you can verify your identity and buy or sell the most popular coins. You can visit the company website and trace the bitcoin ATM locations. On the map, you can see ATM location, opening and closing times, and which coin ATM is trading, buying, or selling.
General Bytes.
This is a Prague-based company and running since 2014 in the market. According to the company, it has 5000+ bitcoin ATM machines in 65+ countries that buy and sell almost all popular coins.
General Bytes ATM machines are mostly installed in the USA, almost in all European countries, some Asian and African countries, Australia, Peru, and many more. It provides only bitcoin ATM locations and not other information about ATMs.
Localcoin.
Localcoin is a Toronto-based company that provides a simple buying and selling experience for digital currency for customers. It runs around 225 bitcoin ATM machines in the USA and Canada. The best part of the map is showing coin prices, and the sad part is that it only provides buying services.
Bitaccess.
Bitaccess has great map features The majority of bitcoin ATM locations are in the USA, some European countries, Nigeria, and Vietnam. Like we said, it has outstanding features and shows all information about the hostname, such as an address, payment method, price rate, email ID, phone number, host website, and buying and selling of coins.
Coinatmradar.
This is not a bitcoin ATM machine-provider company; this is a map that builds to find bitcoin ATM locations around the world.
It has over 11,000 crypto ATMs listed that are running in 71 countries. The Coinatmradar map has all the important features that a user needs to find the best bitcoin ATM locations.
This is purely dedicated to finding a “bitcoin ATM machine near me.”. Not just locations, you can find every piece of information about bitcoin ATM machines, such as the installed date, status, feedback, score, ATM company details, operator details, contact ID, number, opening and closing time, name of the buying and selling coin, and its fee.
If you know bitcoin ATM locations but did not find them on the map, then you can find a new location so other people will easily find it.
Want to have wallets to store your valuable coins? Here are some wallets to store cryptos.
Bitcoin wallet.
Yes, its name is Bitcoin Wallet, which is owned by Bitcoin.com. And have everything that needs to start a crypto journey for a beginner. By using it, you can store several coins like BTC, BHC, ETH, USDT, and more, and you can also buy cryptos via credit card and exchange them into other coins in a minute. (Be alert; there are many wallets with the name of Bitcoin wallet.)
Exodus wallet.
Manage your wealth in a blockchain wallet that combines solid engineering and beautiful design in the form of live charts that update in real-time.
Exodus allows you to secure, manage, and exchange your favorite cryptocurrencies like Bitcoin, Ethereum, Ripple, and more from an easy-to-use wallet that puts you in control of your wealth.
Lumi wallet.
Fully featured and highly secure anonymous wallet for beginners as well as pro users. It supports around 1200+ coins and tokens for buying and exchanging with a few clicks.
There are many bitcoin ATM machine-provider companies, but not each has a map feature to find locations if any company has then provided only its own bitcoin ATM locations. So in all of these Coinatmradars, it remains the best to find a bitcoin ATM machine near me.
By the way, what do you think about the bitcoin ATM machine? Do you have any bitcoin ATM machines near you? If yes, then you are lucky. Tell us about your experience; we are excited to listen.
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