Did you know that buying a cryptocurrency using Bitcoin ATM is simpler and more private than any other method?
Unlike other approaches, the authentication process will take seconds, not days, and no bank accounts will be needed. Isn’t technology great!
If you don’t know how to use the Bitcoin ATM, you’ve come to the right spot. In this tutorial, I’m going to show you the step-by-step method of buying bitcoin and other cryptocurrencies with only cash. Using one of our Bitcoin ATMs is a perfect option because they are safe, convenient, and efficient.
Before I start, it‘s important that I give you a quick introduction to our Bitcoin ATMs.
Our Bitcoin ATMs allow you to buy and sell bitcoin, bitcoin cash, and litecoin with cash. Bitcoin ATMs do not accept credit or debit cards. And when you sell us cryptocurrencies, our Bitcoin ATMs can turn your bitcoin, bitcoin cash, and Litecoin into dollars, and offer you cash. Visit our guide on how to trade Bitcoin and other cryptocurrencies with one of our Bitcoin ATMs and get cash instantly!
What is a Bitcoin ATM?
Bitcoin ATM (abbreviated as BATM) is a kiosk that allows a person to purchase Bitcoin using an automated teller machine. Some Bitcoin ATMs provide bi-directional features that allow both the buying of Bitcoin and the selling of Bitcoin for cash. Bitcoin machines are not quite the same as conventional ATMs but operate in a similar manner.
Bitcoin ATM kiosks are machines that are linked to the Internet, allowing cash or credit cards to be inserted in exchange for Bitcoin. They look like conventional ATMs, but they don’t connect to a bank account and instead connect the user directly to a Bitcoin exchange for a localized and easy way to buy Bitcoin in person. Popular locations for Bitcoin ATMs are inside a convenience store, shop, tavern, restaurant, mall or airport. Keep reading to see how the Bitcoin ATMs work.
The method of buying bitcoin, bitcoin cash, and Litecoin using one of our Bitcoin ATMs is as follows:
Find the nearest Bitcoin ATM close to you by first accessing our Bitcoin ATM Locator. The daily purchasing limit is $3,500 per user. If you want to buy more money, please contact us.
Step 1: Touch “Buy Coins”.
Step 2: Enter your phone number using the keypad.
Step 3: Enter the verification code you receive by text message.
Step 4: Touch the cryptocurrency you want to buy (bitcoin, litecoin, bitcoin cash).
Step 5: Touch the amount you want to buy.
Option one: “$1 — $800”.
Option two: “$801 — $2,999” will require you to scan your ID.
Option three: “$3,000 — $3,500” will require you to scan your ID + enter your SSN.
Contact us if you want to buy for more than $3,500.
Step 6: Touch how you want to receive your coins.
Option 1: Check the QR code of your wallet (recommended). If you don’t have a digital bitcoin wallet, you can download the app from your mobile, such as Mycelium.
Option 2: Build a new wallet of paper. Paper wallet solutions are available for bitcoin, bitcoin cash, and litecoin. Each wallet is identical and printed directly from our Bitcoin ATM. Only you will have the private key to your wallet. If you lose or damage your wallet, you’re going to lose your coins. We suggest that you always transfer the coins on your wallet to a digital wallet.
Option 3: Manually type the address of your wallet. Ensure that the address you submit is 100 % correct. Addresses are sensitive to the upper and lower case. Incorrectly entering the address will cause you to lose your coins.
Step 7: Insert cash bills. No debit or credit cards. Cash only.
Step 8: Touch “Finish“. Now the coins will be sent to your wallet.
Step 9: Touch “Yes, print me a receipt“.
Step 10: Take the printed receipt for your own records.
Bitcoinscashout BTM is always here to support you and answer all of your questions. Feel free to contact us by phone, text message, or email.
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