Quote

Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative
— Nassim Taleb – Author and Risk Analyst

BitCoin ATM

A bitcoin ATM is an internet machine that allows a person to exchange bitcoins and cash. Some Bitcoin ATMs offer bi-directional functions ..  in other words you can purchase or redeem Bitcoin. In some cases, Bitcoin ATM providers require users to have an existing account in order to transact on the machine.

Bitcoin machines are not ATMs in the traditional sense. Bitcoin kiosks are machines which are connected to the Internet, allowing the insertion of cash in exchange for bitcoins given as a paper receipt or by moving money to a public key on the blockchain. They look like traditional ATMs, but Bitcoin kiosks do not connect to a bank account.



Bitcoin ATMs by Country

Bitcoin ATMs are installed in many countries in the world. The current locations worldwide can be found HERE