Using a Bitcoin ATM can be a great way to buy, sell or trade Bitcoin without any hassle. With the convenience of a convenient location and the ability to use cash or debit cards, it’s easy to see why these ATMs have become so popular. This article will provide an overview of how to use a Coinhub bitcoin atm to help you get the most out of your online crypto experience.
Setting Up Your Coinhub Account and Wallet
To create a Coinhub account, simply visit the Coinhub website and follow the instructions to sign up. You will be required to provide some basic information needed to have access to Coinhub’s services. Once your account is created, you can set up a Bitcoin wallet.
Once your account and wallet are set up, you can link them to your Bitcoin ATM. This is done by scanning a QR code on the ATM’s screen with your smartphone. The code will connect your account and wallet to the crypto ATM, allowing you to purchase, sell, and trade Bitcoin.
How To Buy Bitcoin With A Coinhub Bitcoin ATM
To buy Bitcoin, simply insert cash into the ATM and select the “Buy Bitcoin” option. You will then be asked about the exact amount of Bitcoin that you want to purchase. The crypto ATM will then display the total cost and the Bitcoin address where you should transfer the funds.
Once you have entered the needed amount and Bitcoin address, the Bitcoin ATM will provide you with a receipt. This receipt will contain a QR code that you can scan with your smartphone. Once the QR code is scanned here, the Bitcoin will be sent to your wallet and you have finally completed your crypto purchase.
How To Sell Bitcoin With A Coinhub Bitcoin ATM
Finally, to sell Bitcoin, you will need to select the “Sell Bitcoin” option on the Coinhub bitcoin atm. You will then be asked to type in the amount of Bitcoin that you plan to sell. Once you have entered the Bitcoin amount, the ATM will display the total cost and the Bitcoin address where you should send the funds.
Once you have entered the amount and your Bitcoin address, the crypto ATM will also give you a receipt. This receipt will contain a QR code that you can scan with your smartphone. Once the QR code is scanned, the Bitcoin will be sent to the crypto address you specified and you have finally sold your Bitcoin.