Where do Bitcoin ATMs get their BTC from? 🏧
Well, it depends on how the operators set up their machines. In most cases, the machines are connected to exchange accounts through a company bank account.
But there are also cases where ATM operators sell bitcoin from their own wallets and bypass the need to rely on a centralized exchange – however, this depends on local regulations.
Listen to S13 E9 of the Bitcoin Takeover podcast to learn more about how Bitcoin ATMs work from Martijn Wismeijer, marketing manager at @generalbytes 🔥
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