Sharing is caring Shares. You will receive a follow-up text telling you when you may go back to the ATM with your redemption code to withdraw cash. The ATM will prompt you for the broad range you are looking to sell, then it will ask you for your phone number. Cash trades only. It doesn’t prevent you from receiving cash in exchange for bitcoin. Once you confirm payment, the bitcoins are released from escrow to the seller.
Cons of Using a Bitcoin ATM to Buy Bitcoin
Follow us on Twitter or join our Telegram. How to sell Bitcoin? Good news! It is rather easy as there are many different ways how you can go about it. You can sell Bitcoins both online via exchanges and peer-to-peer platforms, and offline by meeting a buyer in person.
Selling Bitcoins for Cash
There are various designs of such machines in all countries across the globe. Bitcoin ATMs can be divided into two groups: one-way machines to buy only or both-ways machines to buy and sell. If you want to buy bitcoin all that you need is a mobile wallet. Alternatively, you can have your wallet containing a private key printed by the ATM. However, the steps are the same.
Bitcoin ATM, how to sell Bitcoins
Why use a Bitcoin ATM to Buy Bitcoin?
Do not be confused. Selling bitcoins online is convenient but much less private than selling bitcoins for cash. Customer Support. You can also message us below:. Just type that code in to the ATM to proceed to the next step. Visit the buy page of this site for more help finding an exchange in your country. Zoom into your area and click on the markers near you. And as mentioned earlier, the total number of ATMs around the world are very less and some of them can only be either used to buy bitcoins or sell bitcoins because the two-way type Bitcoin ATM is even rarer to. Enter your number and you will receive a verification code via text SMS to your cell. LocalBitcoins is another option for selling online. Selling bitcoins is not much different from buying bitcoins. It doesn’t prevent you from receiving cash in exchange for bitcoin. It works like LocalBitcoins but has less users. Helpful tips to know before you go! Some Bitcoin ATMs even accept Bitcoin debit cards so you can also withdraw cash in case you need it while traveling to a foreign country. You can for example pay your monthly bills with bitcoins. Please view our interactive map to see current cash-dispensing machines, then click on each one to see if it is out-of-cash.
Comments
Post a Comment