Bitcoin ATM
By CoinGecko | Updated on Mar 10, 2020
ATM refers to Automated Teller Machines, similar to that of the traditional finance sector. Users can buy/sell cryptocurrencies from the machines for a fee. Bitcoin ATMs also known as Bitcoin Teller Machines, or BTM for short.
Related Terms
Cold Storage
Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)
Bakkt
Bakkt is a company developed by the Intercontinental Exchange (ICE), owner of the New York Stock Exchange. It specializes in Futures/Options contracts for cryptocurrencies.
Mining
It is the process of the miners verify and adding transaction recors into a block.
Central Bank Digital Currency (CBDC)
It is a digital fiat currency issued by the central banks, contrary to cryptocurrency that issued by non-legislative party.
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