Originally published on January 27th, 2021 – Updated on February 24th, 2021 You may have noticed that in many of the usual locations where you can find a bank ATM, like convenience stores and gas stations, there’s another kiosk right next to the bank’s kiosk that says it is a Bitcoin ATM. But how do […]
Can I Withdraw Cash from A Bitcoin ATM?
This is one of the most popular questions that we see from users of our Bitcoin ATM kiosks. Can I withdraw my Bitcoin into cash at a Bitcoin ATM? Can I sell Bitcoin at a Bitcoin ATM, or can I only buy Bitcoin? The simple answer is YES! You can withdraw cash from a Coinsource […]
Derek Muhney: The Business of Bitcoin ATMs (Podcast)
Derek Muhney, Director of Marketing & Strategy here at Coinsource appeared on the Anita Posch Show. They talked about the innovative business of Bitcoin ATMs. View the full episode below:
How Do Bitcoin ATMs Work Exactly? (Part 3)
In this series of articles, we’ve shared what you need to do before heading to a Bitcoin ATM and what to do once there. Now we’ll cover other common questions we hear, helping you better understand how Bitcoin ATMs work, exactly. Can I buy Bitcoin with a credit card at a Bitcoin ATM? No. Bitcoin […]
How Do Bitcoin ATMs Work Exactly? (Part 2)
In our last article, we discussed how Bitcoin ATMs work by showing you how to prep before you visit the Bitcoin ATM. Once you have a digital wallet you can access on-the-go, locate a Bitcoin ATM for doing your Bitcoin ATM business–we recommend Coinsource (we have the lowest Bitcoin ATM fees in the U.S. ), […]
How Does a Bitcoin ATM Work Exactly?
Just because you’re familiar with Bitcoin doesn’t mean you’re familiar with Bitcoin ATMs. So if you want to know how to use these kiosks, then this series of articles is for you. Before You Go to the Bitcoin ATM If you’re new to Bitcoin ATMs, they require a little prep. Here’s what you need to […]
Should Your Business Host a Bitcoin ATM?
Side hustles are all the rage, and Bitcoin ATMs can be an especially lucrative one. If you’ve wondered if the Bitcoin business is for you, here are some points to consider. If you already own a business, Bitcoin ATMs bring in customers. And they do this in multiple ways. If you host a Bitcoin ATM, […]
Converting Cash Into Crypto and the Rise of Bitcoin ATMs
You have choices when it comes to buying and selling cryptocurrency. Online cryptocurrency exchanges are popular, where you can use a credit card, debit card or bank transfer. Another option is peer-to-peer (P2P) exchange networks, which involves a more labor-intensive process with lists of Bitcoin buyers and sellers–think of it as Craigslist for Bitcoin. However, […]