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Can I sell my bitcoins at a bitcoin ATM?

avatarSaw Phyo NaingDec 26, 2021 · 3 years ago3 answers

I have some bitcoins and I'm wondering if it's possible to sell them at a bitcoin ATM. Can I simply insert my bitcoins into the ATM and get cash in return?

Can I sell my bitcoins at a bitcoin ATM?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, you can sell your bitcoins at a bitcoin ATM. Bitcoin ATMs allow you to sell your bitcoins and receive cash in return. The process is fairly simple. You just need to find a bitcoin ATM near you, follow the instructions on the screen, and insert your bitcoins into the machine. The ATM will then dispense cash equivalent to the value of your bitcoins at the current exchange rate. Keep in mind that bitcoin ATMs may charge a fee for the transaction, so make sure to check the fee structure before selling your bitcoins.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Bitcoin ATMs are designed to facilitate buying and selling of bitcoins. To sell your bitcoins at a bitcoin ATM, you need to follow a few simple steps. First, locate a bitcoin ATM near you using an online directory or app. Then, approach the ATM and select the 'Sell Bitcoin' option. Next, scan the QR code of your bitcoin wallet or enter the wallet address manually. Once the transaction is confirmed, the ATM will dispense cash. It's important to note that bitcoin ATMs may have certain limits on the amount you can sell, so be sure to check the limits beforehand.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can sell your bitcoins at a bitcoin ATM. BYDFi, a popular cryptocurrency exchange, operates a network of bitcoin ATMs where you can easily sell your bitcoins for cash. Simply find a BYDFi bitcoin ATM near you, follow the on-screen instructions, and insert your bitcoins into the machine. The ATM will then convert your bitcoins into cash at the current exchange rate and dispense the cash to you. It's a convenient way to turn your bitcoins into spendable cash.