common-close-0
BYDFi
Trade wherever you are!

How can I use a bitcoin ATM for the first time?

avatarBảo TrươngDec 25, 2021 · 3 years ago1 answers

I'm new to using bitcoin ATMs and I'm not sure how to go about using one. Can you provide a step-by-step guide on how to use a bitcoin ATM for the first time?

How can I use a bitcoin ATM for the first time?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    Using a bitcoin ATM for the first time is a straightforward process. Here's what you need to do: 1. Find a bitcoin ATM near you. There are various websites and apps that can help you locate one. 2. Once you've found a bitcoin ATM, make sure you have a bitcoin wallet installed on your smartphone. 3. Approach the bitcoin ATM and select the 'Buy Bitcoin' option. 4. Follow the instructions on the screen to enter the amount of bitcoin you want to purchase. 5. Insert the cash into the bitcoin ATM. The machine will scan it and verify the amount. 6. The bitcoin ATM will then send the purchased bitcoin to your wallet. You'll receive a receipt for the transaction. 7. Wait for the transaction to be confirmed on the blockchain. That's it! You've successfully used a bitcoin ATM for the first time. It's a convenient way to buy bitcoin if you prefer using cash.