With the rise in popularity of Bitcoin, there has been an increase in the number of Bitcoin ATMs. Coinource is one such provider of Bitcoin ATMs.
In this article, we will show you how to use a Coinource Bitcoin ATM.
Before using a Coinource ATM, you need to create a wallet with them. You can do this by going to their website and clicking on the “Create Wallet” button. This will take you to a page where you need to enter your email address and create a password.
Once you have done this, you will be given a wallet address. This is the address that you will use to send funds to your wallet.
NOTE: WARNING: Coinource Bitcoin ATMs are a convenient way to purchase and sell cryptocurrency, however, it is important to be aware of potential risks associated with using them. These include the potential for fraud, identity theft, and money laundering. Additionally, there have been reports of some users being charged hidden fees or higher than market rate exchange rates when using Coinource Bitcoin ATMs. Please exercise caution when using these services and only use reputable Coinource Bitcoin ATM operators who are legally registered with the appropriate authorities.
Once you have created your wallet, you can now go to a Coinource ATM and deposit cash. To do this, you need to select the “Deposit” option on the ATM screen. You will then be asked to insert your cash into the ATM. The amount of cash that you can deposit depends on the limit of the ATM.
Once you have inserted the cash, the ATM will give you a receipt which will have a QR code on it. This QR code is your proof of deposit and you need to keep it safe as it cannot be replaced if lost.
Once you have deposited cash into your Coinource wallet, you can now use it to buy Bitcoin. To do this, you need to go to the “Buy Bitcoin” page on their website and enter the amount of Bitcoin that you want to buy. You will then be asked to enter your wallet address so that they can send the Bitcoin to your wallet.
Once you have done this, you will be given a quote for the price of Bitcoin at that time. If you are happy with the price, you can confirm the transaction and the Bitcoin will be sent to your wallet within minutes.
Coinource is one of the many providers of Bitcoin ATMs but they are one of the easiest to use. With their easy-to-use website and support for multiple languages, they make buying Bitcoin easy for everyone.
1 Related Question Answer Found
When you want to use a Coin Cloud Bitcoin ATM, the first step is to find one near you. You can do this by visiting the company’s website or using a Bitcoin ATM locator. Once you find an ATM, you’ll need to create an account with Coin Cloud.