Did you know that most Withdraw Cash From A Bitcoin ATM won’t let you withdraw cash? That’s right, over 2/3 of all BTMs will only let you buy cryptocurrency not sell it for quick cash. But it’s not really an “ATM,” is it?
It is only the more expensive and complex two-way (bi-directional) machines that will give you access to your funds. These kiosks use advanced technology and are much harder to find than the simple one-way type.
So basically, if you spend your time searching Google for bitcoin ATMs and going to the location, chances are you won’t be able to get your cash back once you get there. How frustrating!
The process for selling bitcoin, ethereum, litecoin and Withdraw Cash From A Bitcoin ATM from one of our bitcoin ATMs is as follows:
First Find The Nearest Bitcoin ATM Near You by Visiting Bitcoin ATM Locator
Step 1: Touch “Withdraw Cash” to initiate the cash withdrawal.
Step 2: Enter your phone number using the keypad.
Step 3: Enter the verification code you receive by text message.
Step 4: Touch the cryptocurrency you want to sell Bitcoin
Step 5: Enter the amount of cash you want to withdraw. Collect your redemption code receipt.
Step 6: Scan the QR code on the Bitcoin ATM screen with your digital wallet app. Send the required cryptocurrency amount exactly as shown on the screen.
Step 7: You will receive a text message after one confirmation on the blockchain indicating that your cash is ready. Touch “Redeem”, enter your redemption code, and collect your cash and your transaction receipt.