Cryptocurrency Q&A
Do Bitcoin ATMs give cash?
Do Bitcoin ATMs give cash?
CryptoWizard
Tue Nov 26 2024
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5 answers
1432
I'm wondering if Bitcoin ATMs provide cash. I know they allow buying and selling of Bitcoin, but I'm specifically interested in whether I can get physical cash from them.
5 answers
DigitalDuke
Thu Nov 28 2024
Unlike traditional ATMs, Bitcoin ATMs function differently in terms of operation. They do not dispense cash directly from a bank account but instead facilitate the exchange of Bitcoin for cash.
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SsamziegangSerenade
Thu Nov 28 2024
To withdraw cash and sell Bitcoin at a Bitcoin ATM, users are required to send their Bitcoin to a QR code provided by the machine.
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amelia_doe_explorer
Thu Nov 28 2024
This process typically involves scanning the QR code using a Bitcoin wallet app on a smartphone or tablet.
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CryptoTamer
Thu Nov 28 2024
Once the Bitcoin transfer is complete, the machine processes the transaction, and users can expect to receive their cash within a few minutes.
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SsamziegangSerenadeMelody
Thu Nov 28 2024
Bitcoin ATMs offer a convenient method for individuals to access cash instantly using their bitcoins.
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