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Bitcoin ATM

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What is a Bitcoin ATM?

Bitcoin ATM (abbreviated as BATM) is a kiosk that allows you to buy Bitcoin using an automatic teller machine. Some Bitcoin ATMs offer bi-directional functionality enables both the purchase of Bitcoin as well as the sale of Bitcoin for cash. Bitcoin machines are not exactly the same as traditional ATMs but work in a similar fashion.

Bitcoin ATM kiosks are machines that are connected to the Internet, allowing for the insertion of cash or credit cards in exchange for Bitcoin. They look like traditional ATMs, but they don't connect to a bank account and instead connect the customer directly to a Bitcoin exchange for a convenient and convenient way to purchase a Bitcoin person. Common locations for Bitcoin ATM are inside a retail store, shop, tavern, restaurant, mall or airport. Keep reading to find out how Bitcoin ATMs work.


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#1 - February 09, 2019, 12:50:26 AM
« Last Edit: February 09, 2019, 12:58:46 AM by Fxortrader »

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Bitcoin ATM Providers
ATM providers are third-party companies that sell the machines to merchants that want to install an ATM for their business. Adding an ATM to your location is one of the best ways to increase revenue for your business.
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Lamassu
In 2013 we invented, designed and shipped the world’s first Bitcoin ATM, which we called the Bitcoin Machine. Five years later, with a bustling cryptomat industry, we present a whole new level of multi-cryptocurrency machine.


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GENERAL BYTES brings Android, Bitcoin and blockchain based technologies to new and unexpected places. Our mission is to become world's leading bitcoin and blockchain technology provider.

#2 - February 09, 2019, 12:59:21 AM
« Last Edit: February 09, 2019, 02:40:24 AM by Admin »

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Number of Bitcoin ATMs Reaches 3,509 Machines in 2018

The number of Bitcoin ATMs worldwide is growing rapidly, according to data from Coin ATM Radar, on August 7, 2018 there are 3,509 Bitcoin ATMs in 74 countries around the world, which at the beginning of 2018 at 2,090 Bitcoin ATMs, in 2017 949 Bitcoin ATMs , in 2016 around 502 Bitcoin ATMs, in 2015 around 327 Bitcoin ATMs and in 2014 around 4 Bitcoin ATMs, with an average of 8 new Bitcoin ATMs installed every day.

As can be seen from this data, Bitcoin ATM is a new invention that existed in 2014, the company of the Bitcoin ATM is clearly profitable because the Bitcoin ATM company has installed many machines in various locations. The North American country won the ATM Bitcoin market with 74% of all Bitcoin ATMs and Europe in second place with 21%.

Bitcoin ATM on distribution is a Bitcoin that can be used directly, compared to Bitcoin as Coinbase which requires several days to complete the purchase or sale of Bitcoin. More importantly, Bitcoin ATMs provide a physical connection between Bitcoin and fiat money, which allows users to transfer Bitcoin into and out of fiat currencies in a convenient way. Bitcoin ATMs can be easily used to get the cash they need to pay rent and buy food.

ATM Bitcoin, the easier Bitcoin users, increase the volume of Bitcoin transactions and therefore the price of Bitcoin is getting higher. Bitcoin ATMs can turn Bitcoin into fiat currencies that can be used easily in real life.

Bitcoin ATMs often offer cryptocurrency other than Bitcoin. There are 1,738 ATMs that offer Litecoin, 1,121 ATMs that offer Ethereum, 814 ATMs that offer Bitcoin, 424 ATMs that offer Dash, 63 ATMs that offer Monero, 44 ATMs that offer Zcash, and 39 ATMs offering Dogecoin.
#3 - February 09, 2019, 01:31:19 AM

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I have never used bitcoin as a payment tool so I am very stupid about this. can you help me ?
#4 - February 09, 2019, 06:54:30 AM

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Wow Bitcoin is getting more sophisticated now and is getting simpler. But I have not been interested in investing in this one virtual currency because in my country it has not been legalized. Hopefully in the future the authorities can legalize this bitcoin currency later.
#5 - February 09, 2019, 01:15:10 PM
« Last Edit: July 17, 2019, 12:37:36 AM by Admin »

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Very helpful if there is a bitcoin ATM in my place. But I have not yet met. Maybe this is because the development of dibitcoin in government is lacking. So the attention to bitcoin still isn't there, maybe even still don't know what bitcoin is. I hope there will be a bitcoin ATM in my place of residence to make it easier for me to transact ..
#6 - February 09, 2019, 01:55:11 PM

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What is a Bitcoin ATM?

Bitcoin ATM (abbreviated as BATM) is a kiosk that allows you to buy Bitcoin using an automatic teller machine. Some Bitcoin ATMs offer bi-directional functionality enables both the purchase of Bitcoin as well as the sale of Bitcoin for cash. Bitcoin machines are not exactly the same as traditional ATMs but work in a similar fashion.

Bitcoin ATM kiosks are machines that are connected to the Internet, allowing for the insertion of cash or credit cards in exchange for Bitcoin. They look like traditional ATMs, but they don't connect to a bank account and instead connect the customer directly to a Bitcoin exchange for a convenient and convenient way to purchase a Bitcoin person. Common locations for Bitcoin ATM are inside a retail store, shop, tavern, restaurant, mall or airport. Keep reading to find out how Bitcoin ATMs work.
Will BATM be realized in Indonesia? if this can be very useful to be an alternative to saving the community
#7 - February 09, 2019, 04:17:19 PM

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in my country, there is no ATM BTC, it is still illegal ... I trade a lot on cryptocurrency...I hope it will be more advanced btc to the moon
#8 - February 10, 2019, 12:49:10 PM

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Bitcoin ATM in Cryptocurrency Advertisements_xx
What is a Bitcoin ATM?

Bitcoin ATM (abbreviated as BATM) is a kiosk that allows you to buy Bitcoin using an automatic teller machine. Some Bitcoin ATMs offer bi-directional functionality enables both the purchase of Bitcoin as well as the sale of Bitcoin for cash. Bitcoin machines are not exactly the same as traditional ATMs but work in a similar fashion.

Bitcoin ATM kiosks are machines that are connected to the Internet, allowing for the insertion of cash or credit cards in exchange for Bitcoin. They look like traditional ATMs, but they don't connect to a bank account and instead connect the customer directly to a Bitcoin exchange for a convenient and convenient way to purchase a Bitcoin person. Common locations for Bitcoin ATM are inside a retail store, shop, tavern, restaurant, mall or airport. Keep reading to find out how Bitcoin ATMs work.
I think the bitcoin ATM machine if the system is like that is very good because it makes it easier for bitcoin users for transactions.

if you can know what and what is the security level of the Bitcoin ATM?
#9 - February 11, 2019, 02:50:03 AM

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What is a Bitcoin ATM?

Bitcoin ATM (abbreviated as BATM) is a kiosk that allows you to buy Bitcoin using an automatic teller machine. Some Bitcoin ATMs offer bi-directional functionality enables both the purchase of Bitcoin as well as the sale of Bitcoin for cash. Bitcoin machines are not exactly the same as traditional ATMs but work in a similar fashion.

Bitcoin ATM kiosks are machines that are connected to the Internet, allowing for the insertion of cash or credit cards in exchange for Bitcoin. They look like traditional ATMs, but they don't connect to a bank account and instead connect the customer directly to a Bitcoin exchange for a convenient and convenient way to purchase a Bitcoin person. Common locations for Bitcoin ATM are inside a retail store, shop, tavern, restaurant, mall or airport. Keep reading to find out how Bitcoin ATMs work.
But some countries prohibit using bitcoin as a payment tool, even though the technology that supports bitcoin as a digital currency is increasingly advanced.
#10 - February 11, 2019, 12:16:48 PM

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in my country, there is no ATM BTC, it is still illegal ... I trade a lot on cryptocurrency...I hope it will be more advanced btc to the moon
I belive there is sevral bitcoinatm in Bali, I forgot where it is,but its around kuta or Ubud. maybe theres one in Indodax office in Kuta
#11 - February 11, 2019, 02:52:37 PM

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I belive there is sevral bitcoinatm in Bali, I forgot where it is,but its around kuta or Ubud. maybe theres one in Indodax office in Kuta
yes I also have an account on the Indodax bali server, hopefully the name in the future can be legally used in my country
#12 - February 11, 2019, 03:28:31 PM

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yes I also have an account on the Indodax bali server, hopefully the name in the future can be legally used in my country
me too, we can pay things so easily.
and its more secure also.
#13 - February 11, 2019, 03:33:04 PM

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me too, we can pay things so easily.
and its more secure also.
hahaha, yes, using btc is simpler, only now there are still many issues and irresponsible hackers make broken cryptocurency
#14 - February 11, 2019, 04:23:00 PM

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in Indonesia there seems to be a bitcoin ATM machine. , if I don't read it wrong, there is already a Bitcoin ATM machine in the city of Bali.
#15 - February 12, 2019, 04:08:07 AM

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