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2 answers
1. Locate a Bitcoin Depot ATM: Find a Bitcoin Depot ATM near you using the ATM locator on their website or mobile app.
2. Insert cash: Insert the desired amount of cash into the ATM to purchase the crypto of your choice.
3. Select the cryptocurrency: Choose the cryptocurrency you want to purchase from the options available on the ATM.
4. Enter your wallet address: You will need to provide the wallet address where you want the crypto to be transferred. Make sure to double-check the address to avoid any errors.
5. Confirm the transaction: Review the transaction details on the ATM screen and confirm the transfer.
6. Receive your crypto: Once the transaction is confirmed, the crypto will be transferred to your wallet. You can check your wallet balance to verify that the transfer was successful.
It is important to note that fees may apply when using a Bitcoin Depot ATM, so make sure to check the fee schedule before making a transaction. Additionally, always ensure that you are using a secure and reputable wallet to receive the transferred crypto.
1. Locate a Bitcoin Depot ATM:
- Use the Bitcoin Depot ATM locator to find a nearby ATM.
2. Insert Cash:
- Approach the ATM and insert cash into the designated slot.
- The ATM will count the cash and display the equivalent crypto amount on the screen.
3. Create an Account:
- If you don't have a Bitcoin Depot account, select "Create Account."
- Enter your personal information, including name, address, and email address.
4. Verify Your Identity:
- Some ATMs may require you to verify your identity by scanning your driver's license or taking a selfie.
5. Enter Recipient Address:
- Select the crypto you want to transfer and enter the recipient's wallet address.
- Ensure the address is accurate to prevent loss of funds.
6. Confirm Transaction:
- Review the transaction details carefully, including the amount, recipient address, and fees.
- If everything is correct, select "Confirm."
7. Receive Confirmation:
- The ATM will process the transaction and provide a confirmation code.
- Keep this code for future reference.
8. Check Wallet:
- Allow a few minutes for the transaction to complete.
- Check your recipient's wallet to confirm that the crypto has been received.
Expert Advice:
- Verify Exchange Rate: Before making the transaction, compare the exchange rate offered by Bitcoin Depot with other platforms.
- Use a Secure Connection: Ensure you're using a reputable and secure ATM with a stable internet connection.
- Small Transactions: Consider making small transactions initially to test the process and avoid any misunderstandings.
- Keep Records: Maintain a record of your transactions, including addresses, amounts, and confirmation codes.
- Customer Support: If you encounter any difficulties, contact Bitcoin Depot's customer support for assistance.
