How Do You Use a Bitcoin Machine?

How to Use a Bitcoin ATM Step by Step

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  • What do I do?
  • What happens if I get lost?

Where Do I Start?

Every brand of Bitcoin machine is a little different, but they operate on a similar pattern — usually you start by touching the screen, accepting the terms, and entering your mobile phone number.

What Do I Do?

Here are the step-by-step instructions for using a Coin Cloud Bitcoin ATM (BTM). With Coin Clouds, you have the option to both buy and sell digital currency, so we’ll give you both sets of instructions.

How to buy digital currency

  1. Press the “Start” button on the screen and accept the terms
  2. Enter your mobile phone number
  3. Enter the unique identifier code texted to your phone
  4. Select the “Buy” option
  5. Scan your Bitcoin wallet’s QR code with the BTM camera
  6. Insert your bills one at a time
  7. Once you have inserted your cash, press the “I’m done” button
  8. Your transaction will begin processing on the Bitcoin network
  9. Transactions can take approximately 10–15 minutes to process
  10. Once the transaction has fully processed you will receive your receipt via text message, and the funds will reflect in your wallet

How to sell digital currency

  1. Press the “Start” button
  2. Enter your mobile phone number
  3. Enter the unique identifier code texted to your phone
  4. Select the “Sell” option
  5. Select the “BTM” option
  6. Enter the amount you wish to withdraw (in denominations of $20 and $100)
  7. Scan the QR code that appears on the BTM screen with the camera function on your mobile wallet app
  8. On your Bitcoin wallet, enter the EXACT amount the BTM is requesting
  9. Send the funds to the QR code you scanned
  10. Transactions take approximately 10–15 minutes to process on the Bitcoin network
  11. Once the transaction has fully processed, you will receive a text message informing you to return to the BTM to withdraw your funds
  12. At the BTM, log in with your phone number once again to retrieve the dispensed cash

What Happens if I Get Lost?

We understand that this can seem confusing the first time you’re using a new piece of technology. But don’t worry — our customer service team is here to help you!

The world’s leading operator of two-way Digital Currency Machines (DCMs), more advanced Bitcoin ATMs.

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