Can You Use Any Bitcoin Atm To Withdraw Money
Can I Withdraw Cash From a Bitcoin ATM?
How to Withdraw Money From a Bitcoin ATM
Did you know that most Bitcoin ATMs 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 that's not really an "ATM," is it?
It's 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 y o u spend your time searching Google for a Bitcoin ATM and driving to the location, chances are you won't be able to withdraw your cash once you get there. How frustrating!
So, what's the solution?
Coin Cloud Has You Covered
Don't worry. The good news is, 100% of Coin Cloud BTMs allow you to both buy and sell crypto for cash. Not only that, but over 60% of all two-way Bitcoin ATMs in the USA are Coin Cloud. That's why we call them digital currency machines (DCMs) instead.
With over 1,000 machines, there's a Coin Cloud near you. Save your time and energy by using Coin Cloud's locator map, because that way you know ALL search results will allow you to both buy and sell bitcoin (plus 30 altcoins).
There's an App for That!
You don't have to use the Coin Cloud Wallet app to cash out your dough. You can use any digital crypto wallet. But you'll probably want to use the Coin Cloud one because it streamlines your experience and lets you take some shortcuts:
• Access the Bitcoin ATM locator map right inside the app
• See which machines have enough cash for your desired withdrawal
• Set up your sell transactions in advance and reserve your cash for up to 48 hours
• Grab your cash as soon as you arrive at the machine with no further wait time
• Have your transaction amount automatically filled in instead of typing long numbers
Here are the step-by-step instructions on how to withdraw your cash from a Coin Cloud Bitcoin ATM.
How to Cash Out your Bitcoin
- Open your Coin Cloud Wallet app
- Under "Nearest Coin Cloud ATMs," find your favorite one
- Choose "Quick Cash" under your closest machine
- Enter the unique identifier code texted to your phone
- You will be shown the Sell Limit for that machine; proceed by choosing "Start"
- Enter the amount in USD that you wish to withdraw (in denominations of $20 and $100)
- Choose "Proceed" and confirm your cash amount
- Select the wallet you are selling from, or enter your wallet address if it's not displayed
- Head to the machine while the transaction is being processed (about 10–15 minutes on the Bitcoin network); note that your cash is reserved for up to 48 hours
- At the BTM, log in with your phone number to dispense your cash
This is by far the fastest and easiest route to getting cash in hand for your bitcoin or other virtual currency. If you run into any snags or have questions, our Customer Support team is available by phone, text or email, 7 days a week.
What is Coin Cloud?
Coin Cloud is a digital currency machine (DCM) company founded in 2014 in Las Vegas, Nevada. With over 1,400 locations nationwide, Coin Cloud is the world's largest and fastest-growing network of two-way DCMs, a more advanced version of the Bitcoin ATM. Over 60% of all two-way bitcoin machines in the US are Coin Cloud DCMs, empowering you to quickly and easily buy and sell 30+ virtual currency options with cash. You can find your nearest Coin Cloud DCM here .
Can You Use Any Bitcoin Atm To Withdraw Money
Source: https://coincloud.medium.com/can-i-withdraw-cash-from-a-bitcoin-atm-46fe4ddbcf07
Posted by: perrottatobt1967.blogspot.com
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