Bitcoin ATMs were first popularised as a way to access cryptocurrency quickly and conveniently. When trustworthy bitcoin exchanges like Coinbase, Gemini, and Kraken did not exist, they were a popular choice. They still have a place today since they are the only option to directly exchange actual currency for bitcoin. Bitcoin ATMs don’t use the same slow bank transactions and verification processes as many other exchanges. People who want to keep a digital trace and protect their identities frequently utilise them.