user67996: How do Bitcoin ATM's work? I have a wallet on my computer and wanted to know how would the bitcoins there be transferred to the ATM and exchanged for cash.
Could somebody explain this process to me?

user5152: 
Atm will generate a bitcoin deposit address 
Client scan it using smartphone and send bitcoin to that address 
Atm will wait for confirmation and emit fiat money from dispenser 

Things to consider:
KYC level for bitcoin amounts 
Generation of addresses 
Confirmation number
ATM connected full node 
Rate exchange 
And more , but I believe this is the basic.

67996: <p>How do Bitcoin ATM's work? I have a wallet on my computer and wanted to know how would the bitcoins there be transferred to the ATM and exchanged for cash.</p>

<p>Could somebody explain this process to me?</p>
 5152: <ol>
<li>Atm will generate a bitcoin deposit address </li>
<li>Client scan it using smartphone and send bitcoin to that address </li>
<li>Atm will wait for confirmation and emit fiat money from dispenser </li>
</ol>

<p>Things to consider:
KYC level for bitcoin amounts 
Generation of addresses 
Confirmation number
ATM connected full node 
Rate exchange 
And more , but I believe this is the basic.</p>
