Questions tagged [bitcoin atms]

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charlotte_anderson_explorer charlotte_anderson_explorer Sun Jun 02 2024 | 7 answers 1567

Who pays for Bitcoin ATMs?

Who exactly foots the bill for Bitcoin ATMs? Are they funded primarily by individuals looking to expand the reach of cryptocurrency or are there larger institutional backers? Do ATM operators charge fees that cover the costs of installation, maintenance, and operations? Do users pay a surcharge for the convenience of converting fiat currency into Bitcoin? Or is there a combination of these factors that keeps these machines operational? It's intriguing to ponder the economic incentives behind these machines and how they fit into the broader cryptocurrency ecosystem.

Who pays for Bitcoin ATMs?
benjamin_doe_philosopher benjamin_doe_philosopher Tue May 28 2024 | 7 answers 1378

Which country has the most Bitcoin ATMs?

Could you please elaborate on which nation boasts the highest number of Bitcoin ATMs? I'm particularly interested in understanding which geographical location has led the way in terms of Bitcoin ATM adoption and deployment. Are there any specific reasons that might explain why this country has such a significant presence of these machines? Additionally, is there any data available comparing the growth rate of Bitcoin ATMs in this country with other nations? Your insights would be greatly appreciated.

Which country has the most Bitcoin ATMs?
HanRiverVisionaryWaveWatcher HanRiverVisionaryWaveWatcher Wed May 15 2024 | 7 answers 1159

Do Bitcoin ATMs require ID?

Could you please clarify for me if Bitcoin ATMs require identification? I've heard different things about this, and I'm trying to understand the process better. Are there specific types of Bitcoin ATMs that might require ID, or is it a general rule? Also, are there any privacy concerns related to using these ATMs? I'm interested in the safety and anonymity aspects of Bitcoin transactions, so I'd appreciate it if you could provide some clarity on this matter.

Do Bitcoin ATMs require ID?
HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Thu May 09 2024 | 7 answers 1437

Are Bitcoin ATMs legal in Canada?

Excuse me, I'm a bit curious about a topic that's been piquing my interest lately. I've noticed that there seems to be a growing number of Bitcoin ATMs around the country, and I'm wondering if they are legal in Canada. Could you please clarify the legality of these machines in our country? I'm particularly interested in understanding if there are any specific regulations or guidelines that govern their operation. Additionally, it would be helpful if you could provide some insight into the general acceptance and usage of Bitcoin ATMs in Canada. Thank you in advance for your assistance in answering my question.

Are Bitcoin ATMs legal in Canada?
Raffaele Raffaele Fri Mar 29 2024 | 6 answers 1583

e, Kraken, or Binance by linking your bank account, or use Bitcoin ATMs for direct conversion to cash

I'm interested in converting some of my cryptocurrencies into cash. Could you explain how I can do this using platforms like Coinbase, Kraken, or Binance by linking my bank account? Also, are there any fees or commissions involved in this process? Additionally, how do Bitcoin ATMs work for direct conversion to cash, and are there any limits or restrictions I should be aware of? Finally, which method would you recommend as the most convenient and cost-effective for converting cryptocurrencies into cash?

e, Kraken, or Binance by linking your bank account, or use Bitcoin ATMs for direct conversion to cash

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