Cryptocurrencies

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how to use bitcoin machine to send money

Utilizing a Bitcoin ATM's "Send" option, you can transfer Bitcoin to a recipient's wallet by verifying your identity, entering their address, and inserting cash or using a debit/credit card.

Oct 03, 2024 at 09:11 am

How to Use a Bitcoin ATM to Send Money

Step 1: Find a Bitcoin ATM

Locate a Bitcoin ATM near you using a service like Coin ATM Radar.

Step 2: Verify Your Identity

Most Bitcoin ATMs require you to verify your identity with a government-issued ID or selfie.

Step 3: Select "Send" Option

On the ATM's screen, choose the "Send" or "Transfer" option.

Step 4: Enter Recipient's Wallet Address

Scan or enter the recipient's Bitcoin wallet address. Ensure the address is correct to avoid losing funds.

Step 5: Enter Amount

Specify the amount of Bitcoin you want to send.

Step 6: Insert Cash or Use Debit/Credit Card

Insert cash or use your debit/credit card to purchase Bitcoin equivalent to the amount you want to send.

Step 7: Confirm Transaction

Review the transaction details and confirm the fees associated with the transfer.

Step 8: Receive Transfer Confirmation

Once the transaction is complete, you will receive a confirmation message on the ATM screen and an email/SMS with the transaction details.

Additional Tips:

Check the fees charged by the Bitcoin ATM before making a transaction.
Confirm the exchange rate to ensure you get the best deal.
Keep a safe distance from the ATM for security reasons.
Consider sending a small test transaction before transferring a larger amount.
Keep a record of all transactions for your records.

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