Bitcoin Atm Send Money

Bitcoin Atm Send Money Average ratng: 3,3/5 7384 reviews

Need to send cash to someone quickly, easily, and privately? A Bitcoin ATM may be the perfect solution. You don’t have to own Bitcoin yourself, but if you do own Bitcoin, you don’t have to spend it to send someone cash. You can instantly send cash, using your Coinsource Bitcoin ATM account.

  1. Bitcoin Atm Near Me To Send Money

This is a two-way Bitcoin ATM, so both fiat money to cryptocurrency, and crypto to cash transactions could be done. Genesis1 is produced in San Diego, CA, by the US based company Genesis Coin Inc. The Genesis Bitcoin machine represents a solid ATM with all AML/KYC features required. By request an optional finger print scanner could be added.

  • Sending Bitcoin Open your Bitcoin.com wallet app and select Send. Copy and paste the recipient’s wallet address into your own wallet app. Or, if you’re in person, select Scan QR code and simply scan it with your app.
  • Moving money through an ATM rather than in person was thought by many traders to be much safer, and by using the machines to “verify” customers, traders would at least have a buffer in place.
  • Bitcoin is a growing digital currency and the interest around it is getting bigger and bigger, the bitcoin machine helps users and investors buy and sell cryptocurrency and exchange it with cash, you can use the ATM for bitcoins to get your own now.

Step 1: Enroll Before You Go!

Bitcoin Atm Send Money

Create an account with Coinsource if you don’t already have one, and log in. The process only takes a few minutes. Need help? Check out this enrollment guide, or contact support for help!

Step 2: Locate The Nearest Bitcoin ATM

Find the Coinsource Bitcoin ATM closest to you with this simple tool. First, enter your location. This can be your city, state or your current location. Then, tap the directions button on the location closest to you. Coinsource has locations across 44 states, all with no hidden fees. Plus, they always keep their Bitcoin price up-to-date.

Step 3: Insert Cash Into The Bitcoin ATM To Transfer To Bitcoin

Bitcoin

Insert your cash into the Bitcoin ATM. You can deposit $5 to $5,000 daily at any Coinsource kiosk. Make sure you do not leave the kiosk at this point, until the transaction is complete. If you run into any issues during the transaction, please reach out to our support team.

Bitcoin Atm Send Money

Step 4: Enter The Recipients’ Wallet Address To Send Bitcoin

Enter the recipients’ Bitcoin wallet address – Follow the instructions on the kiosk screen, and indicate the Bitcoin wallet address of the recipient.

The recipient receives the equivalent amount of Bitcoin into their wallet. Don’t worry about paying any pesky miners fees! Coinsource will pay all miner’s fees when you use their kiosks to buy/sell Bitcoin, or send cash.

Bitcoin Atm Send MoneyBitcoin atm near me to send money

Step 5: Have The Recipient Withdraw Their Bitcoin To Cash

The recipient then has several options on how to convert the Bitcoin they received to cash, if that’s what they want. The fastest way to do this is by using a Coinsource Bitcoin ATM to convert the Bitcoin to cash and withdraw it.

That’s it! So, next time you’re needing to send cash to someone, use a Bitcoin ATM! It’s safe, fast, and only takes 5 steps to finish.

Related Posts

Bitcoin Atm Near Me To Send Money

  • Buy Bitcoin with Cash at a Coinsource Bitcoin ATM

    Check out our quick video where MICA (our Mobile Interactive Coinsource Assistant) explains how to…

  • How Can I Spend Bitcoin?

    Now that you own Bitcoin, you may wonder what you can purchase or pay for…

  • How to Buy Bitcoin With Cash In 4 Steps

    There are multiple ways to buy Bitcoin. However, many users are finding that the easiest…