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How to withdraw cash from Bitcoin ATM machineNew Bitcoin ATMs that allow users to tap into cryptocurrencies easily and quickly are popping up all over, and cyber-criminals are taking note. A Bitcoin ATM, also known as a (crypto ATM) allows individuals to buy or sell Bitcoin or other forms of cryptocurrency such as Bitcoin, Ethereum. A Bitcoin ATM is a standalone machine that allows users to deposit fiat currency and exchange it for Bitcoin (BTC %) or other cryptocurrency.