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Buying cryptocurrencies does not have to involve complicated exchanges or advanced online tools. Cryptocurrency ATMs are available in many cities in Poland, allowing you to buy or sell crypto quickly and easily in an intuitive way. Before using them, however , find out how scammers operate to try to extort money from you.
These thumbnail photos of a sample Bitcoin ATM in Marki will help you locate it. The last one is the entrance to the M1 mall.
Buying cryptocurrencies does not have to involve learning how to use complicated exchanges or computers. Many cities in Poland have cryptocurrency ATMs (Bitcoin ATMs) designed to make buying and selling cryptocurrencies as easy as possible.
Guides on how to buy Bitcoin (BTC) often start with the information that you first need to set up a cryptocurrency wallet to store your funds. This is true, but there is also a convenient alternative —buying Bitcoin without using exchanges and without setting up online accounts.
By using an ATM (Bitcoin ATM), people have the opportunity to PURCHASE BTC by inserting cash or debit cards into the device. The entire process consists of a few simple steps and is intuitive even for people who have not had any previous contact with cryptocurrencies.
Although Bitcoin ATMs are becoming increasingly popular every year and are a permanent feature of the cryptocurrency market, for many people they still seem like an unusual solution. A natural question arises:
How can a digital currency such as Bitcoin be bought or sold using a physical device?
That's a very good question—and that's why it's important to understand what Bitcoin ATMs really are.
Bitcoin ATMs allow you to buy (and often sell) Bitcoin and other cryptocurrencies in exchange for cash or debit card funds. However, it is worth remembering that the term "ATM" is conventional in this case.
Unlike traditional ATMs:
These are devices that enable direct exchange of cash for cryptocurrency (or vice versa), with the purchased funds going directly to the specified cryptocurrency wallet.
Unlike cryptocurrency exchanges such as Binance or Coinbase, Bitcoin ATMs allow users to:
On cryptocurrency exchanges, users can choose to leave their funds in a so-called deposit address managed by the platform. In the case of Bitcoin ATM go directly to the location specified by the user.
Setting up a cryptocurrency wallet is a key part of purchasing Bitcoin at Bitcoin ATM , Bitcoin ATM it is also the moment when fraud attempts most often occur. It is at this stage that criminals try to persuade users to scan other people's wallet addresses or perform transactions under time pressure.
Therefore, before using a Bitcoin ATM :
The first Bitcoin ATM appeared in 2013 in a café in Vancouver, Canada. At that time, Bitcoin was mainly used by technology and cryptography enthusiasts, and BTC payments in cafés were not uncommon. Many users today remember the symbolic transaction in which 10,000 BTC was paid for two pizzas — an event that has gone down in cryptocurrency history.
Since the first Bitcoin ATM appeared in 2013, these devices have spread around the world. According to data from Coin ATM Radar, 36,610 Bitcoin ATMs have been installed in 77 countries to date. The largest manufacturer of such devices is Genesis Coin with approximately 15,140 machines, followed by General Bytes with 7,965 and BitAccess with 5,549 devices. The leading Bitcoin ATM operators include Bitcoin Depot (19.1% market share), CoinCloud (14.1%), and CoinFlip (9.7%)..
When you see a Bitcoin ATM, you will often find instructions and a QR code that allows you to scan your cryptocurrency wallet address. Bitcoin ATMs standard Bitcoin wallets, so users can use any wallet that is compatible with the BTC network.
One popular solution is the Coinbase Wallet, but it is also possible to use other cryptocurrency wallets.
If you do not have a wallet yet:
After creating a wallet, a unique Bitcoin address will be generated to which the purchased funds will be sent.
Before completing a transaction, you must undergo a mandatory KYC (Know Your Customer) procedure. Identity verification is required by applicable law and involves scanning your ID directly at a Bitcoin ATM.
The scope of verification and transaction limits may vary depending on the operator, but without passing KYC, it is Bitcoin ATM possible to purchase Bitcoin at Bitcoin ATM .
After positive verification:
It is recommended to scan the QR code instead of entering the address manually— an incorrect address may result in permanent loss of funds.
Each Bitcoin ATM has:
Once the transaction is approved, the Bitcoin is sent to the specified wallet address. This usually takes about 10 minutes, but during periods of high network traffic, the processing time may increase to about an hour.
For those unfamiliar with blockchain technology, Bitcoin ATMs are a good "first step" into the world of cryptocurrencies. The purchase process is simple, intuitive, and does not require the use of exchanges or advanced online tools.
In response to these limitations, some operators are introducing temporary price promotions. An example is the Polish Bitcoin ATMs networkBitcoin ATM.com, which periodically offers promotions for the purchase or sale of cryptocurrencies, including temporary commission reductions. Additional support for users comes in the form of active communication channels and social media, where customers can get help and exchange experiences.
The use of Bitcoin ATMs exploited by fraudsters in specific schemes. One of the most common is the fraudulent sale of goods online.
Criminals publish attractive offers on platforms such as eBay, Craigslist, or Gumtree, offering products at significantly reduced prices. They then persuade buyers to make payments in Bitcoin—often using an ATM—and then disappear without completing the transaction.
Therefore, never:
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Fraudsters often inform their victims that in order to "secure" an exceptionally attractive offer or price, it is necessary to make a payment in cryptocurrency. Most often, this involves depositing cash at a Bitcoin ATM and sending the cryptocurrency to the wallet address provided by the fraudsters. Once the transaction is complete, contact is lost and the perpetrators disappear.
This scheme is popular among fraudsters because cryptocurrency transactions are irreversible. Once they are confirmed, it is virtually impossible to reverse the operation or recover the funds.
Another, more complex type of fraud targets job seekers. Criminals offer so-called "trial jobs" or short-term assignments. As part of this process:
After a few days, it turns out that the money came from theft or an unauthorized source and is reversed by the bank. As a result, the victim's account is debited with a negative balance, and the transferred cryptocurrency is irretrievable.
Bitcoin ATMs can be a good solution for people who want to buy cryptocurrencies in a simple and direct way and value their independence from exchanges. However, you should be particularly cautious and never carry out transactions at the request of third parties, regardless of whether the contact is made by phone, online, or as part of a supposed job offer.
You can check it on MAP of Bitcoin ATMs Warsaw, or on the LIST OF Bitcoin ATMs POLAND. Otherwise, a good solution is to use an exchange or purchase bitcoins through an app that you most likely already have on your smartphone.
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