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Bitcoin is growing fast around the world and Bitcoin ATMs are being installed in every corner of the globe in order to make Bitcoin accessibility easier. In this article we will briefly cover how Bitcoin ATMs work and why Bitcoin is becoming so popular and easy to use.

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What is a Bitcoin ATM?

Bitcoin ATMs work just like regular fiat ATM’s, you insert cash and the machine gives you Bitcoin in return. You can now send those Bitcoin anywhere in the world instantly without having to go through any third party such as a bank or authority for approval.

Most Bitcoin ATMs are two-way meaning that you can buy Bitcoin but also sell Bitcoin. Each Bitcoin ATM has different limits and some of them require verification in order to use the machine. Some Bitcoin ATMs don’t even require ID or phone number, but they work with exchanges like Coinbase or Circle (more on this later).

You usually need a Bitcoin wallet to withdraw Bitcoins from an ATM because each machine has its own QR code which you scan in order to deposit Bitcoins into your account.

How to Buy Through a Bitcoin ATM?

All Bitcoin ATMs, on the other hand, follow the same fundamental procedure for processing transactions. The steps are as follows:

  • Click “Buy Bitcoin” on the BTM interface.
  • Scanning the QR code of your Bitcoin wallet address with the BTM
  • You may be required to present identification depending on the BTM.
  • Put the amount of Bitcoin you want to buy in the box below.
  • Put your money in the BTM.
  • Allow a few seconds for the BTM to complete the transaction.
  • Select “Finish” from the drop-down menu.
  • Take a printout of your receipt.

Locations of Bitcoin ATMs and Tellers in Ohio:

Here is a list of locations in Ohio where you can find a Bitcoin ATM.  All BTMs don’t offer the same services. Times available are listed below. 

#1. Akron – Glenwood Ave & Gorge Blvd; Ohio Gas Mart

Available Hours: 24 Hours

Mode: ATM location

Transaction: Buy

Payment: Cash

#2. Barnesville – Chestnut St & Mill St; Convenient Food Mart

Available Hours:

Monday to Saturday: 06:00 AM to 10:00 PM

Sunday: 07:00 AM to 10:00 PM

Mode: ATM location

Transaction: Buy

Payment: Cash

#3. Cincinnati – Montgomery Rd & Stoll Ln; Cash Plus

Available Hours:

Monday to Friday: 09:00 Am to 06:00 PM, Saturday: 09:00 AM to 02:00 PM

Sunday: Closed

Mode: Teller location

Transaction: Buy

Payment: Cash

#4. Cleveland – 130th St & Kirton Ave; Marathon Gas

Available Hours:

Monday to Friday: 05:00 AM to 12:00 AM

Saturday to Sunday: 05:00 AM to 01:00 AM

Mode: ATM location

Transaction: Buy

Payment: Cash

#5. Ironton – Vernon St & 2nd St; River Cities Wireless

Available Hours:

Monday to Friday: 09:00 AM to 06:00 PM

Saturday: 10:00 AM to 03:00 PM

Sunday: Closed

Mode: Teller location

Transaction: Buy

Payment: Cash

#6. East Liverpool – Lisbon St & 4th Ave; River City Fill Up

Available Hours:

Monday to Friday: 05:00 AM to 12:00 AM

Saturday to Sunday: 07:00 AM to 12:00 AM

Mode: ATM location

Transaction: Buy

Payment: Cash

Wrapping up:

Advancements in technology are allowing life to be easier and less stressful. Bitcoin ATMs are simple to use and secure. As cryptocurrency usage grows more widespread, similar to traditional ATMs, more BTMs will become available soon.

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CryptoWhat
CryptoWhat was created in 2015 and has become one of the most trusted and well-respected sources of information on all things crypto. The blog's authors are dedicated to providing clear, concise, and jargon-free explanations of this complex technology, so that everyone can understand it.