It’s a digital currency involving peer-to-peer exchange without the involvement of a third party or company.
A Bitcoin Teller Machine (BTM) is a kiosk that allows a person to purchase Bitcoin by using cash. Bitcoin Teller Machines look like traditional Automated Teller Machines (ATM) but BTMs do not connect to a bank account. Instead, BTMs connect the user directly to a Bitcoin wallet or exchange.
Rates vary and are only listed at each BTM.
The primary purpose of a digital/paper wallet is for storing Bitcoin. The wallet exists either on a user’s computer or in the cloud. It’s a type of virtual bank account by which a user can send/receive Bitcoins/cash.
If you are determined to get direct exposure to projects or businesses involving cryptocurrency, it’s smart to invest in Bitcoin. The cryptocurrency’s price is volatile and creates a valuable return for investors.