Bitcoin ATMs 101

Publication Type:
Guide

Published / Updated:
June 15, 2015

For independent ATM deployers, bitcoin offers an opportunity to generate additional revenue streams at their ATMs. Bitcoin ATM transaction fees are generally higher than traditional ATM transactions fees. The average transaction fee for buying and selling bitcoin at ATMs is 6 percent. IADs can install dedicated bitcoin ATMs and kiosks that can be used only for bitcoin sales and purchases or they can instal bitcoin software on conventional ATMs. This guide explains the basics of bitcoin ATMs, such as:

  • Bitcoin basics
  • Issues
  • Types of bitcoin ATMs

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