How to Exchange Cryptocurrencies at ATMs: A Guide to Buying, Selling, and Exchanging on ATMs
Do you know how to operate a crypto ATM machine? Don’t worry, this tutorial is designed to provide all essential information to use a crypto ATM. You are not required to learn all the NASA science to send and receive the crypto coins.
Crypto ATMs Fundamentals
Crypto ATMs operate similarly to conventional ATMs. But you have to learn a few basic skills. Anyone can purchase cryptocurreny by inserting cash and scanning a QR code into the machine. When users interact with the ATM machines, they always respond to the transaction on the blockchain. Crypto ATMs send and receive cryptocurrency directly to the user’s wallet. In addition, some ATM machines also help users sell cryptocurrencies for cash.
Are you ready to perform the first crypto ATM transactions?
1. Locate an ATM
CoinATMRadar or Google Maps are the best online resources to find the nearest cryptoATM.
2. Prepare Your Digital Wallet
Before using Bitcoin or any other cryptocurrency at an ATM, ensure you have a digital wallet set up. Most ATMs support QR codes for easy wallet address input, making it essential to have your wallet read.