While there are some risks to using a Bitcoin ATM, the benefits far outweigh them. With a Bitcoin ATM, you can quickly exchange cash for crypto and walk away with coin in your crypto wallet—or cash in your hand—within seconds. No Bank Account NecessaryAnother great advantage of using a Bitcoin ATM is that you don’t need a bank account to use one. Companies that follow these policies can register as licensed Bitcoin ATM operators with the Financial Crimes Enforcement Network (FinCEN) at the U.S. Treasury. You can easily search for licensed Bitcoin ATM operators to ensure you’re using a secure digital kiosk.