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How to Use a Bitcoin ATM to Buy or Send Bitcoin (More than $1000) - Step by Step GuideBesides face-to-face transactions, Bitcoin ATMs are the only way to buy and sell Bitcoin using physical cash notes. The main disadvantages are: Fees. Bitcoin. Some Bitcoin ATMs also allow users to convert Bitcoin to cash which is dispensed at the Bitcoin ATM. In this case, you would need to send the Bitcoin from your. The machine accepts $5, $10, $20, $50, and $ bills. Insert bills one at a time beneath the green light. Select Finish and a receipt will be provided. So what.