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How To Locate And Use A Bitcoin ATM – What You Should Do?

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bitcoin ATM

There are different ways of buying bitcoin. There is no doubt that buying bitcoin from the crypto exchange is the most convenient option than others, but have you tried using a bitcoin atm? You can buy bitcoin from the bitcoin exchange anytime but if you want to pay in cash form, then using the bitcoin exchange is not appropriate. If you want to pay in cash, using the atm to get your coins is the right option.

Bitcoin atm is the one way you can purchase bitcoin with cash, and you can find it anywhere. Some people have a hard time finding ATMs, but now due to the advancement in technology, you can quickly locate one with the help of the internet.

Therefore, Bitcoin atm is the more convenient and less hostile option of buying bitcoin with fiat money. However, if you want to buy bitcoin visit this site at https://bitcoin-banker.io/, this guide will help you out.

Step 1

The first step is finding the bitcoin atm near your location. Once you decide to buy the bitcoin from fiat money using the bitcoin atm, you will have to find one first. More than 1200 bitcoin ATMs worldwide, so you can easily find one near you.

Step 2

The second step is to start buying bitcoin once you reach the location of bitcoin atm. You might think that purchasing bitcoin from the ATMs is a daunting task, but it is relatively faster and easier. Before you go to an atm, the one thing that you should keep with yourself is the bitcoin wallet that you have installed on your mobile phone.

In this way, when you reach the atm, you can generate the wallet by receiving the wallet address without worrying about this whole process when standing at the atm. Once you get this ready, you should head to your local bitcoin. The bitcoin atm looks similar to the available ATMs we use, so you will not find any difficulty recognizing them. Another step that you will have to follow is using the atm or BATM.

Step 3

You should start the process by tapping on the screen that you want to buy the bitcoins. Of course, this whole depends on the bitcoin atm that you are using because the process of buying bitcoin from one bitcoin atm can be different from another one.

But in general, all the machines follow a similar kind of process. It is the time when you will see that the atm will be asking you to enter your phone number in which you will get the top for the confirmation. Once the verification is done, the atm will ask you to enter the bitcoin address to which you want to send your coins. You can write the address manually or scan the QR code on the scanner of the atm. It might take some time, but it will confirm the address once the scanning is done.

You should ensure that the bitcoin wallet’s address is correct once again before you proceed further. Now you will have to insert the money you want to buy bitcoin. After that, you can deposit as much money you want up to the maximum amount allowed by the atm.

On the atm screen, you will see the bitcoin amount which you are purchasing, and then you have to pay for that amount. All you have to do is insert the fiat money into the atm, and it will take a couple of minutes for the user to receive the bitcoin in their bitcoin wallet. Sometimes the process takes a much longer time, so you should not worry because if you have inserted the correct bitcoin wallet address, you will get your bitcoin, and they will not go anywhere.

Conclusion!

After reading the above paragraph, you must have got the whole idea of buying bitcoin from bitcoin atm right? It seemed difficult at first, but when you start following the process step by step, it is much more accessible to purchase the bitcoin from an atm than the other options.

 

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