Wager Mage
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Why would anyone use a Bitcoin ATM?

Cryptocurrency ATMs can complete transactions in few minutes. For buy order, as soon as money has been inserted into our ATM, a purchase is executed for the total payment amount. If you're looking to make a sell order, our cryptocurrency ATMs make it so that you no longer need to wait several days to receive cash.

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1. Immediacy

Cryptocurrency ATMs can complete transactions in few minutes.

For buy order, as soon as money has been inserted into our ATM, a purchase is executed for the total payment amount. If you’re looking to make a sell order, our cryptocurrency ATMs make it so that you no longer need to wait several days to receive cash.

2. Ease of use

All you have to do is follow a simple and clear step by step process when using our ATMs. You do not need to set up an account, online wallet, or deal with lengthy public keys. Your receipt contains a QR code, with the public and private keys, which can be scanned and immediately recognized by standard wallet apps, if you have one.

3. Security

The infrastructure running behind the cryptocurrency ATMs (including support team) are hosted, operated and managed by Bity, a company headquartered in Switzerland, having financial intermediary status. Switzerland is a country with the highest standard for privacy and regulatory oversight. The related cryptocurrencies nodes, used to send and receive transactions, are hosted, operated and managed by us as well. Another security measure is that whenever a new transaction request is made, our ATMs generates a new private key and public key as QR codes printed on a paper known as a “paper wallet”.

4. Flexibility

You can buy or sell cryptocurrencies at any of our locations whenever you want. We provide you with a paper wallet that allows you to choose between keeping your cryptocurrency offline on a hard wallet or transfer them to an online wallet.

5. No need of customer account

We do not require customers to have an account with us or complete identity verification checks (KYC) to use our ATMs. Indeed, the swiss regulation related to Anti-Money Laundering allow you to make a single or several transactions for a total amount of CHF 1’000.- per day. If you want to exceed this limit, you must create an account on bity.com and be verified according to Bity’s KYC procedure.

6. Location & availability

Our ATMs are located in many cities in Switzerland, such as Zurich, Zug, Winterthur, Basel, Lugano, Geneva, Lausanne and Neuchâtel.

Therefore, you can for sure find an ATM near you.

The following link allows you to find out where Bity's ATMs are located: https://coinatmradar.com/operator/66/bity-sa-bitcoin-atm-operator/#locations

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How much Bitcoin should a beginner?

How much money do I need to start investing in cryptocurrency? In theory it takes only a few dollars to invest in cryptocurrency. Most crypto exchanges, for example, have a minimum trade that might be $5 or $10. Other crypto trading apps might have a minimum that's even lower.

We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional.

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The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.

Editorial disclosure

All reviews are prepared by our staff. Opinions expressed are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including any rates, terms and fees associated with financial products, presented in the review is accurate as of the date of publication.

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