You can buy Bitcoin from Blockchain, Binance or from other cryptocurrency platforms. But do you know you can buy Bitcoin from an ATM machine and using your credit card? But before using this facility, make sure to see whether these exchanges allow credit or debit card purchases in your country. Also, check whether a bitcoin seller accepts your credit card.
How Bitcoin ATM Works?
But just like the traditional ATM, you first need to have an account. In this case, you’ll have an account with a bitcoin wallet like Coinbase. If you don’t have an account, you can create one at the actual machine within a few minutes. And contact for Bitcoin ATM Support number for help.
And to have this you will have to scan your palm and identification card. Now you need to allow the camera to scan your face to make sure that the image on the ID card is matching. Once you have created your account you just need to use your palm to validate the future transactions done through ATM.
Steps to Buy Bitcoin on ATM:
Step 1: First Start by entering the amount you want to buy.
Step 2: Now you have to insert cash or your credit/debit card.
Step 3: Open your mobile Bitcoin wallet and scan the generated QR-code.
Step 4: Once Scanned successfully the coins will then be sent to your wallet.
Step 5: Now take your receipt and go on your way.
Steps to Sell Bitcoin on ATM:
Step 1: Here start entering the amount that you wish to sell.
Step 2: Here too machine will display a QR-code that you’ll scan with your mobile wallet.
Step 3: Now click “send” to complete the transaction.
Step 4: The machine will then cash out the amount of Bitcoins that you just sold.
These are the simple steps you can buy or sell Bitcoins through ATM using your credit card. But make sure that there might be restrictions on how much BTC you can purchase with your credit/debit card daily or weekly. Moreover, every exchange has its terms concerning payment fees — typically, it’s much more expensive to buy Bitcoin with a credit/debit card compared with a bank transfer or crypto-to-crypto transaction. Check with the exchange of your choice before placing the order.
Call Bitcoin Customer Support Number for ATM Issues
Sometimes activating the ATM machine and credit card used for buying or selling the Bitcoins is not completed either due to verification invalid or might be some technical issues. In such cases, you can call at Bitcoin customer care number and get online assistance from experts to help in verifying the ATM use for buying the Bitcoin through your credit card. This online helpline number is also open to resolving the Bitcoin cryptocurrency related to various other issues on Blockchain, Binance on other platforms.