What are the steps involved in selling bitcoin at an ATM?

7 answers

• Dec 27, 2021 · 3 years ago
  Sure! Selling bitcoin at an ATM involves a few simple steps. First, find a bitcoin ATM near you using an online map or app. Once you've located an ATM, approach it and select the 'Sell Bitcoin' option on the screen. Next, you'll be prompted to scan the QR code of your bitcoin wallet address or manually enter it. After confirming the address, you'll need to enter the amount of bitcoin you want to sell. The ATM will then calculate the equivalent amount in your local currency based on the current exchange rate. If you agree with the displayed amount, proceed with the transaction. The ATM may require you to verify your identity by scanning your ID or providing a phone number for verification purposes. Once the verification is complete, the ATM will dispense the cash equivalent to the sold bitcoin directly into your hands. The entire process usually takes a few minutes, but it can vary depending on the ATM's network speed and the number of confirmations required for the bitcoin transaction.
  1000500
• Dec 27, 2021 · 3 years ago
  Selling bitcoin at an ATM is a straightforward process. Firstly, find a bitcoin ATM nearby by using an online map or app. Once you've located an ATM, approach it and select the 'Sell Bitcoin' option. You'll then be prompted to scan the QR code of your bitcoin wallet address or manually enter it. After confirming the address, enter the amount of bitcoin you wish to sell. The ATM will calculate the current exchange rate and display the equivalent amount in your local currency. If you're satisfied with the displayed amount, proceed with the transaction. Some ATMs may require you to verify your identity by scanning your ID or providing a phone number. Once the verification is complete, the ATM will dispense the cash directly to you. The entire process typically takes a few minutes, but it can vary depending on the ATM's network speed and the number of confirmations required for the bitcoin transaction.
  911304
• Dec 27, 2021 · 3 years ago
  Selling bitcoin at an ATM is a breeze! First, locate a bitcoin ATM near you using an online map or app. Once you've found one, approach the machine and select the 'Sell Bitcoin' option. You'll then be prompted to scan the QR code of your bitcoin wallet address or manually enter it. After confirming the address, enter the amount of bitcoin you want to sell. The ATM will calculate the current exchange rate and display the equivalent amount in your local currency. If you're happy with the displayed amount, go ahead and proceed with the transaction. Some ATMs may require you to verify your identity, so be prepared to scan your ID or provide a phone number. Once the verification is done, the ATM will spit out the cash for you. The whole process usually takes just a few minutes, but it can vary depending on the ATM's network speed and the number of confirmations needed for the bitcoin transaction.
  904226
• Dec 27, 2021 · 3 years ago
  When it comes to selling bitcoin at an ATM, the process is quite straightforward. First, locate a bitcoin ATM near your location using an online map or app. Once you've found one, approach the machine and select the 'Sell Bitcoin' option. You'll then be asked to scan the QR code of your bitcoin wallet address or manually enter it. After confirming the address, enter the amount of bitcoin you wish to sell. The ATM will calculate the current exchange rate and display the equivalent amount in your local currency. If you're satisfied with the displayed amount, proceed with the transaction. Some ATMs may require you to verify your identity by scanning your ID or providing a phone number. Once the verification is complete, the ATM will dispense the cash for you. The entire process usually takes just a few minutes, but it can vary depending on the ATM's network speed and the number of confirmations required for the bitcoin transaction.
  942189
• Dec 27, 2021 · 3 years ago
  Selling bitcoin at an ATM is a quick and easy process. First, find a bitcoin ATM near you using an online map or app. Once you've located one, approach the machine and select the 'Sell Bitcoin' option. You'll then be prompted to scan the QR code of your bitcoin wallet address or manually enter it. After confirming the address, enter the amount of bitcoin you want to sell. The ATM will calculate the current exchange rate and display the equivalent amount in your local currency. If you're happy with the displayed amount, proceed with the transaction. Some ATMs may require you to verify your identity by scanning your ID or providing a phone number. Once the verification is complete, the ATM will dispense the cash for you. The entire process usually takes just a few minutes, but it can vary depending on the ATM's network speed and the number of confirmations required for the bitcoin transaction.
  904151
• Dec 27, 2021 · 3 years ago
  Selling bitcoin at an ATM is a simple process. First, locate a bitcoin ATM near you using an online map or app. Once you've found one, approach the machine and select the 'Sell Bitcoin' option. You'll then be prompted to scan the QR code of your bitcoin wallet address or manually enter it. After confirming the address, enter the amount of bitcoin you wish to sell. The ATM will calculate the current exchange rate and display the equivalent amount in your local currency. If you're satisfied with the displayed amount, proceed with the transaction. Some ATMs may require you to verify your identity by scanning your ID or providing a phone number. Once the verification is complete, the ATM will dispense the cash for you. The entire process usually takes just a few minutes, but it can vary depending on the ATM's network speed and the number of confirmations required for the bitcoin transaction.
  900129
• Dec 27, 2021 · 3 years ago
  At BYDFi, we believe in making the process of selling bitcoin at an ATM as seamless as possible. First, locate a bitcoin ATM near you using an online map or app. Once you've found one, approach the machine and select the 'Sell Bitcoin' option. You'll then be prompted to scan the QR code of your bitcoin wallet address or manually enter it. After confirming the address, enter the amount of bitcoin you wish to sell. The ATM will calculate the current exchange rate and display the equivalent amount in your local currency. If you're satisfied with the displayed amount, proceed with the transaction. Some ATMs may require you to verify your identity by scanning your ID or providing a phone number. Once the verification is complete, the ATM will dispense the cash for you. The entire process usually takes just a few minutes, but it can vary depending on the ATM's network speed and the number of confirmations required for the bitcoin transaction.
  950119