Automated teller machines (ATMs) are stand-alone kiosks where people often conduct financial transactions. While consumers are used to ATMs being connected to their bank accounts for financial transactions, cryptocurrency ATMs are different. They are instead connected to consumers’ digital wallets rather than their bank accounts. There are thousands of cryptocurrency ATMs spread throughout the United States and most of them deal in Bitcoin. This can leave consumers searching for Bitcoins ATM machine near me.
Bitcoin is the most popular and accepted form of cryptocurrency, but it isn’t the only form. Many of these specialized ATMs deal in many forms of cryptocurrency in addition to Bitcoin. Most of the cryptocurrency ATMS sell Bitcoin for consumers to purchase and many of them accept cash. Many of these specialized ATMs will even purchase Bitcoin from an individual eager to sell what’s in his digital wallet.
Here’s what you need to know about how to use Bitcoins ATM machine near me.
Create a Personal Account
Many of the Bitcoin ATMs are operated by a company which requires each individual to create a personalized account to successfully use the specialized ATM. For security and verification purposes, it is necessary to create a personal username and password before using a Bitcoin ATM. Your personal account can be created online or by downloading the secure Company App. You’ll use your phone number, email address, and the password you choose to create your account. This is the secure information you’ll need to enter to use the ATM and access your personal account.
Once you’ve created your account, you’ll have what you need to purchase Bitcoin at the cryptocurrency ATM. You can securely log into your digital wallet using the phone number you entered when you created your account. Then you can purchase the requested amount of Bitcoin using cash or even a debit card. Most cryptocurrency ATMs will allow you to purchase up to $2,900 worth of Bitcoin in a single visit.
Redeem Your Voucher
Once you’ve located Bitcoins ATM machine near me and requested the Bitcoin you’d like to purchase, the machine will provide you with a physical voucher. This voucher will serve as your proof of purchase so keep it in a secure location. You can immediately redeem the Bitcoin you purchased by using the voucher online or in the special Company App. While it sounds like a lot, the entire process can be completed in under 2 minutes. Select cryptocurrency ATMs will also allow you to sell your Bitcoin for cash.
Find Bitcoins ATM Machine Near Me
Buying and selling Bitcoin at an ATM is both easy and convenient. The hardest part is finding a Bitcoins ATM machine near me. Fortunately, that is longer a hinderance. Now the entire process can be completed in less than 2 minutes at any one of thousands of locations using the App. Simply download the special App and create your account. Search out the closest Bitcoins ATM machine near me location. Visit the machine, purchase your voucher, and then redeem it online or in the app. It’s really that simple. Now you just need to decide, how much Bitcoin do you want to purchase?