Cryptocurrency investments are on the rise but not everyone is familiar with the buying and selling processes associated with crypto exchanges. If you feel a bit overwhelmed dealing with the technology, there is good news for you.
You can now buy and sell Bitcoin and other cryptocurrencies on ATMs designed to make the process of transaction simple, hassle-free and quick. BTC ATM does not work like the conventional ATM simply because they are designed specifically for crypto-specific transactions.
Not Tech-Savvy? No Problem!
If you are not tech-savvy but has a passion for BTC, ETH, and other currencies in the crypto niche, you need not worry about going through the long-drawn and stressful buying process one normally associates with exchanges. Just search for Bitcoin ATM near me on your browser and find one near to your current location conveniently.
Cryptobase ATM machines are now serving over locations across the United States so you won’t have trouble locating an ‘ATM for Bitcoin near me’. You can find one quickly and reach the place within minutes.
Buying coins of your choice through Crypto ATM machines is as easy as finding ‘Bitcoin ATMs near me. The whole process of buying your preferred coin can be completed in few simple steps.
Step 1:
Look for the ‘Buy Coins’ button on the ATM screen and press the tab. As the machine has to run a verification process, it will ask for your mobile number. After you have punched in your mobile number and pressed the continue tab, you will get a text message with a code.
Step 2:
Enter the code you just received to verify your mobile number. Now for security purposes, you will have to set a passcode/pin. Choose a four-digit access code that you can memorize without difficulty.
Step 3:
If you have not made a decision on which coin to buy, you will have to make it now because the BTC ATM will ask you to select the type of coin you want to invest in.
Step 4:
To be able to get the coin, you must have a wallet. The ATM will ask you to choose a delivery method from the following:
- You can scan a QR code on a phone wallet or a paper wallet you already have
- You can also create a paper wallet
- You can enter an address where you would like the coin/s delivered
Step 5:
Crypto ATM is designed to accept only cash as of now. If you want to buy cryptocurrency, you will have to use cash for the value you want to invest. A word of caution – the machine will accept only one bill at a time, so don’t rush. The ATM will accept all cash denominations from $1, $2, $5, $10, $20, $50, and $100.
If you plan to buy cryptocurrency of more than $1000, you will have to present a valid ID, so make sure you carry one.
After you have inserted the cash, the Crypto ATM will automatically identify the value of the money deposited saving you the hassle. Click on the ‘Finish’ tab and you have completed the crypto buying process successfully.
You can also sell cryptocurrency similarly using Crypto ATM.
