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How Do Bitcoin ATMs ACTUALLY WORK?Bitcoin ATMs (automated teller machine) are kiosks that allow a person to purchase Bitcoin and other cryptocurrencies by using cash or debit card. Easily buy bitcoin with cash at a CoinFlip bitcoin ATM. Located in 49 states, CoinFlip is the leading bitcoin ATM operator by volume. Coinsource is the world leader in secure Bitcoin ATMs. Buy and sell Bitcoin with cash at thousands of locations nationwide. Low rates, transparent fees.