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Bitcoin ATM

A stand-alone automatic teller machine (ATM) for buying and selling Bitcoins. As of 2018, there are approximately 1,800 Bitcoin ATMs worldwide with more than a thousand in the U.S. ATMs are also available for Litecoin, Ethereum and other digital currencies. Like regular ATMs, a processing fee is applied, which ranges from 6 to 9% of the transaction amount. For more information, visit www.coinatmradar.com. See Bitcoin exchange.




A Bitcoin ATM
Weighing 400 pounds, this Genesis 1 Bitcoin ATM is a two-way unit that accepts and dispenses cash. Purchases and sales are entered directly into the user's mobile wallet via QR codes. A credit card reader is also built into the machine. (Image courtesy of Genesis Coin Inc., www.bitcoinatm.com)






Bitcoin exchange

An online service for buying and selling Bitcoins and other cryptocurrencies. Exchanges may also provide wallet services to hold the user's data. Examples of Bitcoin exchanges as of 2018 are Bitstamp, Coinbase, Coinfloor, Huobi, Coincheck, Bitfinex and BTC China. There are dozens more with new ones coming online all the time. See Bitcoin, Bitcoin ATM and Bitcoin wallet.



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