In my previous research for Coinbase alternatives , I discovered a fairly novel way to purchase Bitcoin and other altcoins — Bitcoin ATMs. Save my name, email, and website in this browser for the next time I comment. Bitcoin Coins. The scanner on the ATM has no problems reading the image from my phone as I hold it up to the camera. While doing this, I time-out of the ATM and have to enter my phone number again. As Bitcoin becomes a more prevalent payment method around the world, I could also see ATMs like this being popular among travelers looking to avoid the poor rates found at the currency exchanges of each country. Leave a Comment Cancel Reply Your email address will not be published.