If you are worried about going through lengthy crypto transfer processes through exchanges, search for “Bitcoin ATMs near me”. This will provide you with locations of Bitcoin ATMs near your location. Using a Bitcoin ATM, you can buy and sell cryptos even if you are not tech savvy. While these machines may function differently from one another, you typically need a digital wallet and cash to start off.
How to transact cryptos through Bitcoin ATMs
To withdraw cryptos using a Bitcoin ATM, you need to type in an amount that you wish to buy. You are prompted to enter a destination Bitcoin address. The machine scans the QR code and you can insert real cash to buy your coins. Once the transaction is made, you can even get a printed invoice for it.
Some of these machines are 2-way devices so that you can both purchase and sell Bitcoins in exchange for cash. The machines send a QR code when you type in an amount you wish to withdraw. This code can be scanned using a mobile wallet whereupon you transfer the typed crypto amount. You can use the same QR code at the machine to redeem the cash.
Easy ways to locate the nearest crypto ATM:
- If you are keen to buy Bitcoin, you can visit reputed crypto ATM provider sites like Cryptobase ATM. You can access interactive maps on their website to see the locations. It will ask you to type in your location to get an accurate Bitcoin ATM location.
- Another easy way to find a Bitcoin ATM machine near your location is to use crypto ATM trackers. These ATM tracking websites are hugely popular because their databases have information about ATM machines in various locations. Using the filters on these sites, you can narrow down the search. You can type in your coin preference, buy/sell options, and destination of your choice.
Some websites will have exciting features like “Find a Bitcoin ATM near me” feature besides interactive maps. You can choose ATM locations after looking at their buy-and-sell features. Not all machines will allow you to buy and sell Bitcoins. Tracker sites can use your location to offer you suggestions for such facilities in your area. They will provide you with the device address, directions to reach it, working hours, and operator information.
Using these simple ways you can buy Bitcoins whenever you want to. But it is also important to keep certain things in mind when you use Bitcoin teller machines anywhere. All transactions made via ATMs are non-refundable; they cannot be reversed. You cannot pay bills through crypto ATMs; so, if anyone asks this of you, you can be sure it is a scam. When using paper wallets for transactions, you must remember not to share the image with anyone. Finally, you should never buy Bitcoins through ATMs for third parties.