How does a bitcoin vending machine work?
HoHADec 26, 2021 · 3 years ago1 answers
Can you explain how a bitcoin vending machine works? I'm curious about the process and how it differs from traditional ATMs.
1 answers
- Dec 26, 2021 · 3 years agoAs an expert in the field, I can tell you that a bitcoin vending machine works by connecting to a cryptocurrency exchange. When a user wants to buy or sell bitcoins, the machine communicates with the exchange to determine the current exchange rate and facilitate the transaction. The machine then dispenses the bitcoins or cash accordingly. It's a seamless process that allows users to easily access and trade bitcoins without the need for a computer or smartphone.
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