How to Safely Use a Bitcoin Kiosk - America's Bitcoin ATMs
March 6, 2021 1:58 pm in

Safely Use a Bitcoin Kiosk

Are you looking for a convenient and secure way to buy or sell bitcoins? Look no further than America’s Bitcoin ATM! Our bidirectional Bitcoin ATMs allow you to purchase or sell bitcoins offline using cash deposit or cash methods.

One of the most significant advantages of using a Bitcoin kiosk is that there is no need to search for a third-party buyer or seller online. With a few safety guidelines, you can invest in Bitcoin stress-free. Here’s a step-by-step guide on how to use our Bitcoin kiosk to buy or sell Bitcoin safely:

Find an America’s Bitcoin ATM near you:

Step 1:
Visit our website and use the search box to find an America’s Bitcoin ATM near you. You can also use Google search to find the nearest kiosk to your home or office.

Step 2:
Determine your buying or selling price based on the current market value of Bitcoin.

As a Bitcoin investor, you must know that Bitcoin’s price fluctuates. Therefore, if you are selling bitcoins, you should sell them at a higher rate than when you bought them. Similarly, buying Bitcoin is best to buy when prices are low and within your investment budget.

Once you have decided based on your BTC market value research, visit our BTC kiosk. You will see multiple options. Click on “buy BTC” or “sell BTC,” depending on your decision.

Step 3:
Create a custom link between the machine and your BTC wallet

Whether you are purchasing or selling BTC, this step is crucial. When you buy BTC using our kiosk, the purchased BTC will transfer to your wallet after completing the transaction. Similarly, when you sell BTC using our Bitcoin kiosk, the number of bitcoins you sell will be deducted from your wallet, and you will receive cash or online payment.

To create a link between our Bitcoin kiosk and your personal BTC wallet, follow this brief guide:

  • Open your bitcoin wallet
  • Go to “scan QR code”
  • A QR code will appear on your mobile screen
  • Put this QR code under our Bitcoin kiosk scanner
  • As soon as the scan is complete, the machine will connect to your wallet.

Note: Rules and regulations concerning our Bitcoin kiosks have been enhanced, and in multiple cases, users are required to fulfill a KYC or complete the identification process.

Make a trade

Once the link has been created, our Bitcoin kiosk can scan the number of bitcoins currently available in your wallet. Enter the number of bitcoins you want to buy or sell, and you can view the total amount of the valid trade.

When you enter the information and you are satisfied with the monetary outcome, tap on the “buy or sell” option given at the bottom. It is essential to mention that this amount automatically faces a deductible because of “transaction fees,” currency exchange fees (if there), and taxes. Therefore, you do not have to manage any after-trade mandatory activities like filing for taxes, etc.

Choose a payment method

Our Bitcoin kiosks offer various payment methods, including debit card payment, credit card payment, and cash. It is best to choose “cash payment” to liquidate your bitcoins. The daily buy limit is USD 25,000, although your banking institution may need to validate such a high amount of debit or credit at a time.

Deposit cash or collect cash payment

If you purchase using our Bitcoin kiosk, the next step would be to deposit cash in the deposit machine. On the other hand, if you are selling bitcoins, you can collect cash payments, just like at regular ATMs.

Confirm the transfer

Once you have made or collected the payment, you must confirm and verify that the transaction has been successful for both parties. It is recommendable to check your Bitcoin wallet’s latest balance. If you see no Bitcoin transferred or deducted from your wallet, please refresh it.

There is generally no validity for Bitcoin available in your wallet. You can keep them as long as you want for investment purposes. Want to keep an eye on Bitcoin’s persistently fluctuating market value? Our website has an up-to-date price ticker to help you stay informed.

In conclusion, America’s Bitcoin ATM is a secure and convenient way to buy or sell bitcoins using cash deposits or cash methods.


Related Articles