Bitcoin ATMs are becoming increasingly popular as a convenient way to buy and sell bitcoin. However, many people are still unsure how to send bitcoin from a bitcoin ATM to their bitcoin wallet. In this article, we’ll explain the steps you need to take to successfully transfer bitcoin from an ATM to your wallet.
Step 1: Find a Bitcoin ATM
The first step is to locate a bitcoin ATM near you. There are several websites and apps that can help you find a bitcoin ATM in your area. Once you’ve found a machine, you’ll need to visit it to withdraw your bitcoin.
Step 2: Scan Your QR Code
When you arrive at the bitcoin ATM, you’ll need to scan the QR code on your bitcoin wallet. Most ATMs will have a scanner that can read the QR code on your phone. If your wallet doesn’t have a QR code, you can manually enter the wallet address.
Step 3: Insert Cash
Next, you’ll need to insert cash into the machine. The amount of cash you’ll need to insert will depend on how much bitcoin you want to buy. The ATM will display the current bitcoin exchange rate and the amount of bitcoin you’ll receive for the cash you insert.
Step 4: Confirm Your Purchase
Once you’ve inserted your cash, the ATM will ask you to confirm your purchase. Double-check the amount of bitcoin you’re buying and the bitcoin wallet address you’re sending it to. If everything is correct, confirm the transaction.
Step 5: Wait for Confirmation
After you’ve confirmed your purchase, the bitcoin ATM will begin processing your transaction. It may take a few minutes for the transaction to be confirmed on the blockchain. Once the transaction is confirmed, the bitcoin will be sent to your wallet.
Step 6: Check Your Wallet
Finally, check your bitcoin wallet to make sure the bitcoin has been transferred successfully. You should see the amount of bitcoin you purchased listed in your wallet.
Conclusion
Sending bitcoin from a bitcoin ATM to your wallet is a simple process. All you need to do is find a bitcoin ATM near you, scan your QR code, insert cash, confirm your purchase, and wait for confirmation. Once the transaction is confirmed, the bitcoin will be sent to your wallet. With these steps, you can easily buy and sell bitcoin using a bitcoin ATM.