Given the rise in popularity of cryptocurrency in recent years, it was only a matter of time before crypto ATMs appeared, and they are now available.
Crypto ATMs operate similarly to regular ATMs and serve as a physical exchange where users can buy and sell crypto with cash. The transactions are completely decentralized and are not linked to any financial institutions. This makes it easier for users to access their cryptocurrencies. It makes the use of decentralized currency more common in the real world.
On October 29, 2013, the first cryptocurrency ATM was installed at Waves Coffee Shop in Vancouver, Canada. Since then, many providers have emerged, allowing people to convert their fiat currency into cryptos and vice versa.
But which should you pick? Here’s everything you need to know about Coinflip, including how to use Coinflip ATMs to buy and sell Bitcoin.
Coinflip, founded in 2016, is among the leading cryptocurrency exchanges in the United States. Coinflip, known for its Bitcoin ATMs throughout the country, allows users to purchase Bitcoin & other types of cryptocurrency for cash.
Tip: If you are new to all this, the best way to go about it is to reach Crypto Help Desk’s coinflip customer service via their coinflip contact number, +1804-480-8747. Crypto Help Desk offers excellent coinflip customer service, so what are you waiting for? Just dial their coinflip contact number & read the rest of the blog to learn how to purchase Bitcoin at a Coinflip ATM.
Step 1: Locate the Nearest Bitcoin ATM – Approximately 2,700 Coinflip ATMs are located throughout the United States. Check Coinflip’s online ATM locator to find the nearest one in your area.
Step 2: Accept Terms and Conditions – Once you’ve found a crypto ATM. It will present you with a very detailed service term, warning you not to participate in any scams. It will also remind you to be cautious and that Coinflip’s customer service is always available if you require assistance.
Step 3: Enter details – Fill out any necessary information. You will only need your name and phone number if your transaction is less than $900. Additional identification, such as an ID, is require for transactions exceeding $900.
Step 4: Scan Wallet Address – Scan the QR code address for your cryptocurrency wallet.
Step 5: Insert Cash – Finally, insert your cash payment. The total amount of Bitcoin you will receive will be displayed on the screen. The transaction fee is built into the price of the cryptocurrency you purchase. That’s all there is to it; you’re finish!
Coinflip is a leading cryptocurrency exchange in the United States. In addition to their user-friendly ATMs, the company is known for providing same-day settlements on all wire transactions, making it easier for individuals who use crypto and fiat currency.
Coinflip also allows users to purchase cryptocurrency using a debit/credit card or a wire transfer.
The exchange also has a price matching offer, which allows users to get the best price from any competitor within a 10-mile radius of the ATM.
Connect with Crypto Help Desk via their Coinflip customer service number, +1804-480-8747, if you have any confusion or query regarding Coinflip trading or coinflip ATM withdrawal. Contacting Crypto Help Desk on their Coinflip customer service number will help you get rid of any query regarding coinflip and will give you clarity of mind.