ELI5: Explain Like I'm 5

Bitcoin ATM

A bitcoin ATM is a special type of machine that allows people to buy or sell Bitcoin. It looks kind of like a regular ATM, but instead of using your debit card to take money out of your bank account, you use cash to buy Bitcoin!

When you approach a Bitcoin ATM, you will see a screen that shows you the current exchange rate for Bitcoin, how much you can buy or sell, and what fees you will need to pay. You will need to have a Bitcoin wallet to use the Bitcoin ATM.

If you want to buy Bitcoins, you will need to insert cash into the machine. Once you put in the cash, the Bitcoin ATM will send the Bitcoins to your Bitcoin wallet. If you want to sell Bitcoins, you will need to scan your Bitcoin wallet QR code and the machine will dispense cash in exchange.

It's important to remember that not all Bitcoin ATMs are the same, so you may need to pay different fees depending on which one you use. Make sure you also keep your Bitcoin wallet secure so that nobody can access it without your permission.