If it's a Bitcoin ATM, usually they're used to buy and sell with a pretty heavy markup above spot price.
Bitcoin ATMs used to be a decent way of getting non-KYC Bitcoin. But now most ATMs ask for your ID and personal information. Even if you're buying under a thousand dollars.
So you use cash to buybutcoin ? Or it takes your bitcoin and distributes fiat ?
Please Login to reply.
I think you can go either direction.
Haven't used one, though. I stick with RoboSats for KYC-free sats.
You beat me to it.
Yep, you can take cash to buy Bitcoin or you can sell your Bitcoin to get cash.