Can You Buy Bitcoin at a Bitcoin ATM Machine?

As of November 2022, there are over 250,000 confirmed Bitcoin transactions per day. There’s no doubt that scores of people find this cryptocurrency useful, maybe even more so than fiat money (cash).

In most cases, you need to make transactions online through exchange sites. While this is convenient, it can be a hassle if you’re out and spontaneously want to spend or get out cash.

Fortunately, there are Bitcoin ATMs located all around the world.

Can you buy Bitcoin on a Bitcoin ATM machine though? Read on to find out.

Can You Buy Bitcoin at a Bitcoin ATM?

Let’s answer this question right away: yes!

The sole purpose of a Bitcoin ATM is to allow you to buy coins at the kiosk. By this logic, you’re able to sell Bitcoins too. Some kiosks also have other convenient features, such as gift card sales.

How to Use a Bitcoin Machine

First, you’ll need to find Bitcoin ATMs near you. This is simple to do; a quick Google search will show you the ones in your proximity, or anywhere else you wish to go.

Once you’re at the Bitcoin machine, the instructions will be slightly different depending on what you want to do.

How to Buy Bitcoin

To buy Bitcoin, input how much you want to buy in terms of dollars. Make sure you have the cash available.

Some Bitcoin ATMs will ask for identifying pieces of information, such as your phone number or driver’s license. You should always have ID on you anyway, so don’t forget to bring your driver’s license.

Now feed your bills into the machine, and it’ll process your transaction. If you have a crypto wallet, you can then scan the QR code to have the amount deposited into your account.

Otherwise, the machine will print out a QR code. Keep this paper safe; if you lose it, you’ll lose your Bitcoins.

How to Sell Bitcoin

To sell Bitcoin, you’ll need to input how much cash you want. The machine will then show you what that converts to in terms of Bitcoins.

Again, you may have to show your ID to complete the transaction.

Then, the ATM will display a QR code. Once you scan it, the amount will be deducted from your crypto wallet.

Lastly, the Bitcoin ATM will dispense cash for you to take.

Try Out a Bitcoin ATM Machine

Finding a local Bitcoin ATM machine can be a new experience everyone should try.

Yes, you can buy and sell Bitcoins on your computer, but you can’t use cash for it! Plus, you can take advantage of other services to run errands all at once.

The next time you want to spontaneously trade cryptos while out and about, you’ll know exactly how to use a Bitcoin ATM! And as a result, you won’t have to waste precious time fumbling with the instructions.

Need more information about buying Bitcoin? Then check out the rest of our blog page.

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