Is there an online version of a Bitcoin ATM?
Is there an online version of a Bitcoin ATM?
What I mean by this is that with a Bitcoin ATM you simply pay fiat and receive Bitcoin into your own address directly.
Most exchanges create a wallet for you which is where you receive the Bitcoin after you pay with fiat. You then need to withdraw from it to your own address.
I’m wondering if there is any exchange in the world that offers direct fiat to Bitcoin in your own wallet transactions.
As far as I know Canada’s Bull Bitcoin does it this way, and with the coins coinjoined as well!
But obviously this isn’t the best user experience hence why like 99% of exchanges allows to have their users a custodial wallet; it’s simply easier for the users to have a custodial wallet despite holding coins on exchanges being frowned upon.
I seem to remember a website like lockabitcoins doing this (not sure if they still do) and it was just for certain payment methods.