How To Use Bitcoin Atm To Buy Bitcoin

Selling bitcoin using atms.

How to use bitcoin atm to buy bitcoin. In all cases bitcoin fiat exchange rates rely on the current market rate for bitcoin btc but with an added commission charged by the atm operator on average 8 4. You can also double check the receiving address at this point. After the transaction is confirmed cash will be dispensed right away. Buy bitcoin from an atm debit card instead of having to go take out cash and find a cash to bitcoin kiosk you can now buy bitcoin using your debit card from the atm at many convenient locations. Enter the verification code you receive by text message.

Click buy bitcoin choose coin e g. Coin atm radar can help you find bitcoin atm locations as well as provide details such as information about fees limits buy only sell only buy sell and give you directions. Enter the amount of bitcoin you want to sell. Once you ve entered this you simply need to scan the qr code of the wallet you d like to receive your bitcoin using the atm s scanner. The process is very similar to using an atm except instead of receiving cash at the end of the transaction we will send you bitcoin digitally.

Now that you have located the most convenient atm for your current location we will show you how to use a bitcoin atm to buy and sell btc. In this blog post we will explain the basics of bitcoin atms and help you find the nearest atm to you. You may be also interested in the instructions how to sell bitcoins using atm. Send the bitcoin to the address displayed on atm machine screen. With cryptocurrency adoption rising bitcoin atms are starting to offer more opportunities for people who need it.

Touch the cryptocurrency you want to buy bitcoin litecoin. Some models allow you to convert your bitcoin into fiat currency in order to withdraw cash while others allow you to insert cash to buy bitcoin. I will leave you with short video tutorials of some bitcoin atms so you can check them out and choose depending on the type of atm you need. Please contact us if you want to buy with more money. Bitcoin atm map also filters searches by atm model location functionality options one way or two way buy and sell fees.

When someone asks or forces you to use a bitcoin atm beware of scams they might pretend to be from revenue agency social security agency utility companies or any other official authority even falsifying the phone number they call from. To buy bitcoin using a bitcoin atm you ll usually need to enter your phone number to receive a verification code by sms. Do not be confused. Here is a general selling process at all bitcoin atms. First locate the closest bitcoin atm near you by visiting our bitcoin atm locator the daily buying limit is 3 500 per person.