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Learning & News => News related to Crypto => Topic started by: newshunter on April 25, 2022, 07:00:34 PM

Title: How to use a Bitcoin ATM
Post by: newshunter on April 25, 2022, 07:00:34 PM

How to use a Bitcoin ATM

A crypto wallet and an accessible Bitcoin ATM are prerequisites for using Bitcoin teller machines.

Source: How to use a Bitcoin ATM (https://cointelegraph.com/news/how-to-use-a-bitcoin-atm)

Would appreciate your opinion about this

Title: Re: How to use a Bitcoin ATM
Post by: trendcoin on April 26, 2022, 01:52:01 AM

Bitcoin ATMs are quite common in the US. There are 36 thousand ATMs worldwide. 33 thousand of them are in the USA. It won't be easy to spread around the world. But one day it will. :)

https://coinatmradar.com/

Title: Re: How to use a Bitcoin ATM
Post by: wilkine on April 26, 2022, 10:46:10 AM

Once you have a wallet, you will need to find a Bitcoin ATM. You may use a live map like Bitcoin ATM Map or Coin ATM Radar to find the Bitcoin ATM location nearest to you.
Once you find a Bitcoin ATM, here's what you need to do:
Step 1: Set up an account with the ATM operator. This is usually done by scanning your ID or driver's license and pretty straightforward.
Step 2: Enter the necessary wallet information. You will be asked to input your wallet information at the ATM, either via a QR code or an alphanumeric key.
Step 3: Insert cash. The amount of money you insert and the sum of Bitcoin you'll receive in return will be visible on the screen.
Step 4: Confirm the purchase.Confirm the details of your purchase and hit the send button. Once confirmed, the machine will dispense the corresponding amount of Bitcoin into your wallet.
And that's it! You've successfully purchased Bitcoin from a Bitcoin ATM.

Remember, not all Bitcoin ATMs are the same, and the steps required to use them may vary slightly.