![]() If you choose not to go with the QR code option, please remember to double-check the address you entered. Most ATMs allow you to use QR codes in order to minimize the risk of sending your new crypto to the wrong wallet address. Once you’ve set up your transaction, you will need to enter your Bitcoin wallet address. Next, choose what cryptocurrency you would like to get (if the ATM offers more than one) and enter the amount you’d like to purchase. Once that’s done, you’ll need to enter your PIN. In order to use a Bitcoin ATM, you will first need to verify your identity. Most of these websites, such as Coin ATM Radar, allow you to look for ATMs by proximity, operator, fee, and other parameters. The easiest way to find Bitcoin ATM locations near you is to use live maps like Coin ATM Radar, Bitcoin ATM Map, and others. Step 3 – Find a Bitcoin ATM Near YouĬryptocurrencies are not widely accepted yet, so the chances of you running into a Bitcoin ATM out in the wild are rather slim, especially if you don’t live in a big city like London or NYC. Check whether your digital wallet offers that feature - after all, it can reduce one’s stress by eliminating the need to enter a long and non-human-readable wallet address. Most Bitcoin ATMs, or, as there are also known, Bitcoin Teller Machines (BTMs), allow you to use QR codes to make Bitcoin transactions. It can be a paper wallet, a digital wallet, or a hardware one - its type doesn’t matter as long as it can send and receive digital money and is secure. ![]() The first step to performing any crypto transaction is getting a wallet that supports the coin or token you want to buy. How to Use a Bitcoin ATMĪlthough Bitcoin ATMs may seem a bit unusual at first, they are easy to use. ![]() The cryptocurrency you get from a Bitcoin ATM is sent from the wallet of its operator company. Just insert some bills into the machine and then scan a QR code for your digital wallet or enter its address manually - this is all you’ll need to buy Bitcoin using a Bitcoin ATM. In order to buy and sell Bitcoin using a crypto ATM, you will only need two things: a digital wallet and a traditional one. However, they operate in a completely different way: instead of being connected to a bank, they communicate directly with the Bitcoin blockchain.
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