Introduction
Bitcoin ATMs provide a convenient way to purchase cryptocurrency using cash. This guide walks you through the process at a Coinhub Bitcoin ATM, which offers daily limits up to $25,000. Follow these steps to securely buy Bitcoin or other cryptocurrencies.
Step-by-Step Process
1. Click "BUY"
Use the ATM’s touchscreen interface to select BUY.
2. Agree to Privacy Policy
Click AGREE to accept the privacy policy and proceed.
3. Select Transaction Amount
Choose whether your purchase is:
- **Less Than $2000** (select this even if buying exactly $2,000)
- More Than $2000
4. Enter Mobile Phone Number
Input your phone number and click OK.
5. Verify with One-Time Passcode (OTP)
Wait for the SMS OTP (typically within 45 seconds) and enter it on the screen.
6. Scan Your Crypto Wallet QR Code
- Ensure your Bitcoin wallet QR code is face-up.
- For other cryptocurrencies, scan the correct wallet address.
⚠️ Note: Transactions are irreversible. Double-check the wallet before scanning.
👉 Need a Bitcoin wallet? Download one here
7. Insert Cash
Insert bills one at a time. The ATM will display the real-time crypto quote for confirmation.
8. Confirm and Complete Purchase
- Review the transaction details.
- Click BUY to finalize.
9. Transaction Receipt
After clicking DONE, you’ll receive an SMS receipt. Allow up to 30 minutes for the crypto to appear in your wallet.
FAQs
Q1: What if I scan the wrong wallet address?
A: Cryptocurrency transactions cannot be reversed. Always verify the wallet QR code before scanning.
Q2: How long does the transaction take?
A: Most wallets reflect the transaction within 30 minutes, but delays may occur due to network congestion.
Q3: Are there daily purchase limits?
A: Coinhub ATMs allow up to $25,000 daily, varying by location and compliance checks.
👉 Learn about higher limits here
Q4: Do I need ID verification?
A: For transactions under $2000, ID may not be required. Larger purchases may involve KYC steps.
Additional Tips
- Security: Keep your wallet’s private keys offline.
- Promotions: Follow Coinhub’s YouTube channel for tutorials and giveaways.
Support: Contact Coinhub via:
- Text: (702) 900-2037
- Email: [email protected]
Final Notes
Bitcoin ATMs bridge the gap between cash and crypto. With high daily limits and a user-friendly process, Coinhub makes it accessible for beginners and experienced users alike.
🚀 Ready to start? Locate a Coinhub ATM near you and join the crypto revolution today!
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