A Bitcoin ATM is a specialized device that allows users to buy and sell Bitcoins for cash, and in some cases, other cryptocurrencies.
Unlike traditional ATMs, these devices are not connected to users’ bank accounts but directly interact with the Bitcoin blockchain.
Bitcoin ATMs are connected to a cryptocurrency exchange via a secure internet connection, enabling instant currency exchange at the current market rate.
These machines are equipped with advanced security features, including data encryption and multi-factor authentication.
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