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Bitcoin ATMs - How To Use ThemChainBytes+ is designed as a self-standing bitcoin ATM and it's primarily installed in malls and high foot traffic locations where it attracts attention. A Bitcoin ATM (Automated Teller Machine) or BTM (Bitcoin Teller Machine) is a popular means of bypassing the traditional banking system of buying or cashing. A Bitcoin ATM lets you buy, sell, and transfer Bitcoin to someone else, with some even letting you withdraw cash.