By CryptoShrink.io on The Capital
Did you know that buying cryptocurrency from a Bitcoin ATM is easier and more private than any other method?
Unlike other methods, the verification process takes seconds, not days, and no bank accounts are required. Isn’t technology great!
If you don’t know how to use a Bitcoin ATM, then you’ve come to the right place. In this tutorial, I will teach you the step-by-step process to buy Bitcoin and other cryptocurrencies with just cash. Using one of our Bitcoin ATMs is a great alternative because they’re private, secure, and reliable.
Before I begin, it is important that I give you a short introduction to our Bitcoin ATMs.
Our Bitcoin ATMs allow you to buy and sell bitcoin, bitcoin cash, and litecoin with cash. Bitcoin ATMs do not accept debit or credit cards. And when you sell us cryptocurrency, our Bitcoin ATMs will convert your bitcoin, bitcoin cash, and litecoin into dollars and dispense cash for you.
The process of buying bitcoin, bitcoin cash, and litecoin using one of our Bitcoin ATMs is as follows:
Step 1: Touch “Buy Coins”.
Step 2: Enter your phone number using the keypad.
Step 3: Enter the verification code you receive by text message.
Step 4: Touch the cryptocurrency you want to buy (bitcoin, litecoin, bitcoin cash).
Step 5: Touch the amount you want to buy.
Option one: “$1 — $800”.
Option two: “$801 — $2,999” will require you to scan your ID.
Option three: “$3,000 — $3,500” will require you to scan your ID + enter your SSN.
Contact us if you want to buy with more than $3,500.
Step 6: Touch how you want to receive your coins.
Option 1: Scan your wallet QR code (recommended). If you don’t have a digital bitcoin wallet, you can download an app on your smartphone, such as Mycelium.
Option 2: Generate a new paper wallet. The paper wallet option is available for bitcoin, bitcoin cash, and litecoin. Each paper wallet is unique and is printed directly from our Bitcoin ATM. Only you will have possession of the wallet’s private key. If you lose or damage your paper wallet, you will lose your coins. We recommend that you always transfer the coins on your paper wallet to a digital wallet.
Option 3: Manually enter your wallet address. Ensure that the address you enter is 100% correct. Addresses are upper and lower case sensitive. Entering the address incorrectly will cause you to lose your coins.
Step 7: Insert cash bills. No debit or credit cards. Cash only.
Step 8: Touch “Finish“. Now the coins will be sent to your wallet.
Step 9: Touch “Yes, print me a receipt.“
Step 10: Take the printed receipt for your own records.
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