Cryptocurrency has become increasingly popular as a digital asset, offering a decentralized and secure way to conduct transactions. One of the most convenient methods to buy or sell cryptocurrencies is through Cryptobase ATM. These ATMs provide users with a straightforward and accessible way to interact with digital currencies.
Locate a Cryptobase ATM:
The first step is to find a Cryptobase ATM near you. These ATMs are often located in convenient places such as shopping centres, airports, or retail stores. You can use the Cryptobase website or mobile app to locate the nearest ATM.
Select the Cryptocurrency:
Once you’ve located a Cryptobase ATM, approach the machine and select the cryptocurrency you want to buy or sell. Cryptobase ATMs typically support popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and others.
Verify Identity (if required):
Depending on local regulations and the amount you wish to transact, the ATM might require identity verification. This usually involves providing a phone number, scanning an ID, or verifying your identity through a biometric scan.
Enter Transaction Details:
After selecting the cryptocurrency, enter the transaction details. If you’re buying crypto, specify the amount of fiat currency (e.g., USD, EUR) you want to spend. If you’re selling crypto, enter the amount of cryptocurrency you want to sell.
Scan Wallet QR Code (for Buying):
If you’re buying cryptocurrency, the ATM will prompt you to scan your cryptocurrency wallet’s QR code. This code represents your wallet’s public address where the purchased cryptocurrency will be sent. Make sure to have your wallet ready on your smartphone or bring a printed QR code.
Insert Cash or Card (for Buying):
To complete the purchase, insert the cash equivalent of the chosen cryptocurrency into the ATM. Alternatively, some ATMs accept credit/debit card payments. Follow the on-screen instructions to finalize the transaction.
Confirm Transaction Details:
Before finalizing the transaction, review the details displayed on the screen. Ensure that the cryptocurrency address and the amount are accurate. Once confirmed, proceed with the transaction.
Receive Confirmation:
After the transaction is processed, the Cryptobase ATM will provide a confirmation receipt. This receipt contains important details such as transaction ID, date, time, and the amount of cryptocurrency bought or sold.
Check Wallet Balance (for Buying):
If you’ve bought cryptocurrency, check your wallet balance to ensure that the purchased amount has been successfully deposited. You can do this by opening your cryptocurrency wallet app and refreshing the balance.
Collect Cash (for Selling):
If you’re selling cryptocurrency, the ATM will dispense cash equivalent to the value of the sold cryptocurrency. Make sure to collect the cash before leaving the ATM area.
