Are Bitcoin ATMs safe. Some Bitcoin ATMs offer bi-directional functionality enabling both the purchase of Bitcoin as well as the sale of Bitcoin for cash. Buy Bitcoin From An Atm Debit Card Libertyx Support Center Find the nearest Bitcoin ATM then scan the QR-code of your Bitcoin address and put cash into the ATM voila. Is it safe to send money through bitcoin atm . The vast majority of Bitcoin ATMs work exclusively with cash. Bitcoins dramatic rise in value in 2017 captured the medias attention but the currency isnt always safe from hackers or even a failed hard drive. Tap the Bitcoin tab on your Cash App home screen Tap the Airplane button Choose deposit Bitcoin Copy or share your Cash App Bitcoin address with an external wallet. Bitcoin ATMs Legitimate. No KYC or AML is required to transact using a Bitcoin ATM which means it is actually a very good way to secure your identity and privacy. With a Bitcoin ATM you are only able to deposit cash which then results in the pur...