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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.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

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