Online Exchange vs Bitcoin ATM: Which Is Better?

Yes, Bitcoin ATMs provide an avenue for purchasing Bitcoin without relying on an online exchange. These machines allow you to directly buy and sell crypto using cash or other payment methods.

Bitcoin ATM fees vary depending on the operator and location, but they can be higher than fees on online exchanges. However, some users prioritize the added convenience and privacy offered by ATMs. They are also non-custodial, meaning you are in complete control of your private keys and crypto.

Both options have their security measures. While Bitcoin ATMs offer privacy benefits, online exchanges implement robust security features to protect user funds. However, online exchanges are custodial, meaning you are not in complete control of your assets, making them vulnerable if the exchange is hacked or goes bankrupt.  With a Bitcoin ATM, you have complete control

To learn more about the fees associated with using a Localcoin Bitcoin ATM, check out the fees and limits page.

If you want to take the non-custodial route and choose a Bitcoin ATM, ensuring you have complete control over your crypto, Localcoin offers numerous Bitcoin ATMs. Quickly and securely purchase crypto, right at your doorstep!