Do Bitcoin ATMs give cash?
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.
Are Bitcoin ATMs trustworthy?
I'm considering using a Bitcoin ATM, but I'm not sure if they are trustworthy. I've heard mixed reviews about them and want to know if it's safe to use one for buying or selling Bitcoin.
Which Bitcoin ATMs have the lowest fees?
I'm looking for Bitcoin ATMs with the lowest fees. I want to know which ones charge the least for transactions so I can make the most cost-effective choice when buying or selling Bitcoin.
Why are Bitcoin ATMs so expensive?
I've been looking into Bitcoin ATMs recently and I'm shocked at how expensive they are! I don't understand why the cost is so high compared to regular ATMs. Can someone explain why Bitcoin ATMs are priced so steeply?
Do Bitcoin ATMs need KYC?
Could you elaborate on the necessity of Know Your Customer (KYC) procedures for Bitcoin ATMs? Are these measures required by law or are they merely a recommendation from industry experts? If they are mandatory, what specific regulations or authorities enforce these requirements? And how does the KYC process work when using a Bitcoin ATM, particularly in terms of verifying the identity of users and ensuring the legitimacy of transactions?