How does a bitcoin atm work

How Do Bitcoin ATMs Work?

Bitcoin ATM’s are connected to exchanges. The first one is the method of funds disbursement. Instead of using a debit card to access your account and execute transactions with your own money, the Bitcoin ATM scans a government ID and phone number and transfers the funds to and from a Bitcoin address Bitcoin ATMs also cater to the underbanked and the less tech-savvy people.

What is a Bitcoin ATM? Bitcoin ATMs and kiosks are much like the standard ATMs you see every day. When you deposit cash into a traditional ATM, you use your debit card to access your account. However, at Coinstar Kiosk, no such debit card is required. Bitcoin ATMs and kiosks work very much the same way with a few simple differences.

First find the ATM location that you are interested in and then read the process of buying bitcoin at our BTM. Barcraft - Nyugati , Barcraft - Buda and Budawest Irodaház. The ATMs work in multiple languages, which you can set on the home screen. Next, you can indicate whether you would like to buy or sell bitcoin. You can buy bitcoin for HUF