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How to use bitcoin ATMs?
Are you buying or selling? Choosing a planned transaction, whether to buy or cash in Bitcoin, is the first step when you approach bitcoin atm. On the screen of your device you will see options that will help you carry out the transaction.
Advantages bitcoin ATMs
On our site you will learn everything you should be aware of before making your first transactions in bitcoin atm on BTC, ETH or other cryptos.
and comfortable
No knowledge of complex technical aspects is required to use a Bitcoin ATM.
4 minutes on average
Access to cryptocurrencies is very easy via bitcoin ATMs. Buying and selling is done within minutes.
by cryptography
Crypto ATM operation is always secure, as cryptographic technology is used to secure transactions
What are the costs of the Bitcoin ATM service?
Bitcoin ATM fees depend on the operator and the area where the ATM is located. In most transactions, the fee is charged as a percentage of the amount spent, which varies from 0% (during promotions) to 7%. On average, it is about 3%.
"Bitcoin is the most important invention in the history of the world since the Internet."
How to sell bitcoin at bitcoin atm?
1. Find bitcoin atm:
Use the cryptocurrency ATM map to locate the nearest machine and check cash availability.
2. Select "Show QR":
After selecting Bitcoin, check the selling rate and print the QR code where you will transfer the funds.
3.Scan the QR code:
Open the cryptocurrency wallet app and scan the generated code to complete the transaction.
4. Wait for confirmation:
Waitfor the transaction to be confirmed on the blockchain before collecting the money.
5. Receive cash:
Once the transaction is confirmed, scan the barcode andcollect the cash from bitcoin atm. Have questions or concerns? Our assistants will be happy to help.
How to buy bitcoin at bitcoin atm?
1. Deposit money into a Bitcoin ATM:
Select Bitcoin (or other crypto) and deposit cash. On the screen you will see the rate for the purchase and the miner's fee.
2. Scan the QR of your wallet:
You can use any wallet you like, as long as it supports the network and the cryptocurrency you have chosen.
3. Deposit funds:
Wait for confirmation on the network.
4. Confirmthetransaction:
Confirming a transaction on the blockchain takes as long as on exchanges and other transactions. From 2 seconds to 40 minutes, depending on the cryptocurrency.
5. Enjoy the cryptocurrency:
If you are worried about your first transaction, contact our support department and they will guide you through the transaction.
"Bitcoin is the most important invention in the history of the world since the Internet."
Frequently Asked Questions
You can learn all about bitcoin transactions at bitcoin ATMs from the FAQ section below.
Is it possible to buy other cryptocurrencies besides Bitcoin?
Of course, it is very common to find such Bitcoin buying machines that also accept other coins, such as Ethereum (ETH), Litecoin (LTC) and several others, depending on the machine operator.
Is it safe to use a bitcoin ATM?
Yes, Bitcoin ATMs are among the most reliable and secure ways to acquire or withdraw cryptocurrencies. One of their security features is the encryption of each transaction.
How do I confirm my BTC payment?
Go to https://live.blockcypher.com/ or https://www.blockchain.com/explorer and type (or paste) the transaction ID in the search box. This way you can see how many confirmations your transaction has. If you are receiving BTC from Paxful wallet, for example, the funds will arrive after two confirmations.
What happens if the transaction at bitcoin atm is not confirmed?
If the transaction in bitcoin atm does not receive the required confirmations, the funds will return to the sender's wallet within a maximum of 30 days. This means that the lack of confirmations in the blockchain does not mean the loss of funds.
How many transactions can bitcoin atm handle ?
bitcoin atm can handle transactions on the fly, but is limited by the Bitcoin network itself, which processes about 7 transactions per second. By comparison, systems such as Visa and Mastercard handle 1,700 and 5,000 transactions per second, respectively, but bitcoin ATMs are designed to handle cryptocurrency transactions within that specificity.
Do I need an account to visit a bitcoin ATM?
Oh, many Bitcoin ATMs do not require an account or personal information to use their services.
What is the smallest amount of bitcoin that can be bought or sold through an ATM?
The lowest limit for buying or selling is BGN 10 and BGN 20. However, this largely depends on the operator responsible for Bitcoin ATMs.
How long does it take to confirm a transaction in bitcoin atm?
The average transaction confirmation time at bitcoin atm is about 10 minutes, as it depends on the Bitcoin network. In some cases, this time may be shorter or longer, depending on the current network load.
How much does the transaction cost at bitcoin atm?
The cost of transactions at bitcoin atm depends on network fees, which can vary depending on Bitcoin traffic. Average fees in 2022 ranged from PLN 7.64 to PLN 266. It is worth checking the current fees at the time of the transaction.
For whom are bitcoin ATMs?
Bitcoin ATMs are a practical solution that makes the process of buying and selling cryptocurrencies unique. Combined with fast and secure transactions, these machines are starting to gain a lot of users interested in cryptocurrencies around the world. If you are tired of online platforms that want to sell or buy bitcoins, bitcoin ATMs are the best solution.
bitcoin atm in numbers
Learn everything you should be aware of before making your first transactions at bitcoin atm on BTC, ETH or other crypto.
transactions per day
That's how many bitcoin transactions were recorded on 22.03.2022, and on other days the number is similar. Many of them are conducted at bitcoin ATMs.
takes on average to purchase BTC
For this reason, many users prefer Ethereum on the instant Arbitrum or Optimism networks for faster transactions.
that's how long it takes to pay on the TRC
Also popular at bitcoin ATMs is USDT on trc20. It offers fast transactions. Equally fast but less popular are Litecoin, Tron and Dash.
Why are more companies now operating on cryptocurrencies using bitcoin ATMs?
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Join our team
Technology
Bitcoin can be used in smart contracts and automated payment systems, giving companies more flexibility to create new financial products and services.
Decentralization
There is no single person controlling the cryptocurrency. This reduces the risk of interference by a dictator or corporation in financial operations.
Transparency
Despite appearances, the history of BTC transactions is public.
Community
You become part of the movement, and you can find business partners among them.
Bitcoin transaction history
Our team
Meet our team of Bitcoin payment experts.
What is being said about bitcoin and bitcoin ATMs?
"The value is in what can't be duplicated on the Internet."
"What cannot be copied in the digital world has real value.""Creating something that cannot be duplicated in the online space is extremely valuable. Many companies are basing their operations on this very premise."
- Eric Schmidt
"Bitcoin devalues all currencies - simply by existing".
"Bitcoin reduces the value of traditional currencies - just by virtue of its existence.""When people start using Bitcoin via Bitcoin ATM for payments and exchanging for local currencies, they reduce the need for dollars, euros or yuan, which depreciates these currencies in the long term."
- John McAfee
"Bitcoin and bitcoin ATMs are a must-have."
"Bitcoin payments in Bitcoin ATMs are the future.""Bitcoin is the beginning of something bigger - a currency system independent of governments. Bitcoin transactions via ATM are a natural and inevitable step toward that future."
- Nassim Taleb
"Bitcoin has done what PayPal has failed to do."
"Bitcoin has achieved what PayPal could not.""PayPal tried to create a new form of currency, but failed to fully realize it. Bitcoin, with the ability to transact in Bitcoin ATMs, has succeeded in this field, but is still developing the payment system."
- Piotr Thiel
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Copywriter
Join us if you like writing about cryptocurrencies and have a head full of interesting ideas. You can work remotely or in one of our offices.
Content marketing specialist
Do you know how to create infographics, shoot or edit video? We have something for you. You can work remotely or in one of our offices.
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