You already know how to use regular bank ATMs. Generally, you just insert a card, enter pin code, press a few buttons and receive cash. You don’t need any ID or special access code. Perhaps you also know how to buy or sell digital currency using web services. Now you have an opportunity to purchase cryptocurrency through ATM Coin.
It is a machine specially developed for bitcoin and other digital currency exchange. Use it to buy or sell coins for cash. Machines for cryptocurrency look like other ATMs you’ve used before but their functionality is completely different. Use a Coin ATM Radar to find a cryptocurrency ATM nearby. Unfortunately this application can be found in App Store only. For Android devices you can find similar apps in Google Play Store.
Depending on the machine type, you’ll need your ID, phone and online wallet. The algorithm is quite simple and clear:
Among all developers, Coin Cloud ATM is one of the most popular. It is the easiest way to sell and buy bitcoin instantly for cash. This developer provides users with best services and lowest fees. Try to find the ATM on a map offered on the company’s website or in any convenient app. You can also see a step-by-step instruction for BTMs and a list of machines locations, including full addresses.
A Coin deposit ATM can be used for two main purposes: buying bitcoin or ethereum for cash or selling it the same way. In fact, when you buy cryptocurrency, you deposit money (fiat currency) in a machine in order to receive the digital one in your bitcoin wallet. Keep in mind that not every coin ATM provides such services.