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 […]
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, […]
Coinsource Adds Dai Stablecoin to Bitcoin ATMs
On June 26, 2019, Coinsource announced that it will be adding Dai stablecoin to its machines this summer, in preparation for the launch of a full remittance service. MakerDAO issues Dai, a collateral-backed cryptocurrency that has a one-to-one soft peg to the U.S. dollar. Coinsource operates more than 230 Bitcoin ATM machines in 29 states […]