#BTC☀ What is a Bitcoin ATM, or BTM?
A Bitcoin ATM or BTM is similar to a regular ATM in the sense that it is a physical kiosk. What sets it apart from typical ATMs, of course, is that it allows users to buy Bitcoin in exchange for cash or debit. Some BTMs also allow users to sell Bitcoin in exchange for cash.
BTMs look like typical ATMs. However, they connect to a Bitcoin wallet instead of a bank account. Instead of a bank card, the Bitcoin wallet serves as the deposit from which coins are sent or loaded. Some Bitcoin ATMs look very similar to traditional ATMs because they are actually traditional ATMs with software adapted for Bitcoin.
The two types of Bitcoin ATMs or BTMs are:
One-way machines: One-way transaction machines that support both the buying and selling of cryptocurrencies.
Two-way machines: Two-way machines that support both the buying and selling of cryptocurrencies.
