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Here’s a Step-by-step Guide on How to Use a Bitcoin ATM in Atlanta, GA near You

If you have been thinking of using a Bitcoin ATM in Atlanta, you should first find an ATM locator to get accurate locations near your home. Bitcoin ATMs are easy-to-use because they operate much like standard cash ATMs, except that transactions are in cryptos. You will find machines that allow you to purchase and even sell your cryptos in exchange for cash.

Steps involved in using a Bitcoin ATM in Atlanta:

The best part about using a crypto ATM in Georgia is that your transactions will be completely private and anonymous. You do not need to provide KYC documentation like in crypto exchanges. All you need is your phone and a digital wallet downloaded on it to start buying Bitcoins. At the same time, you must remember that there is a transaction fee in exchange for the convenience and privacy that a Bitcoin machine can give you. 

  • The first task before using a crypto ATM is to find a reliable machine near you. Once you have identified some locations near you, it is important to see which machines are two-way machines and which are not. Two-way machines will let you buy and sell BTC both. Not all machines will transact cryptos like Bitcoin Cash or Litecoin; so, if you plan on transacting these coins, it is advisable to check for this feature first.
  • When you walk up to a Bitcoin kiosk, you may be asked to provide your personal ID proof like a picture ID. This is especially important when you plan on making big transfers. You should have a ready mobile app downloaded on your phone to transfer the coins you buy.
  • Some machines will require you to create an account which is super easy and quick. You simply have to follow the instructions displayed on the machine screen to get registered. 
  • You will then be prompted to insert cash bills into the machine. A QR code is sent to your phone via an SMS which must be scanned at the kiosk. This is the destination address or the place where the Bitcoins you buy will be transferred. Transfer fees can vary from one machine to another; rates are clearly shown at the kiosk.
  • When you deposit cash, an equivalent amount of BTC will be sent to the wallet instantly. A confirmation is then sent to show you the amount of BTC which you have bought.

To sell Bitcoins, you have to follow almost the same process.

  • Once you have identified some locations near you, it is important to see which machines are two-way machines and which are not. Two-way machines will let you buy and sell BTC both. Not all machines will transact cryptos like Bitcoin Cash or Litecoin; so, if you plan on transacting these coins, it is advisable to check for this feature first.
  • When you walk up to a Bitcoin kiosk, you may be asked to provide your personal ID proof like a picture ID. This is especially important when you plan on making big transfers. You should have a ready mobile app downloaded on your phone to transfer the coins you buy.

There is a designated area where you can collect the cash dispensed by the machine. Here also, you may need a photo ID to start transactions. Once the account is made, you can decide on the amount of BTC you wish to sell. Once the Bitcoins are sold from your wallet, you are provided with a confirmation about the sale. Sales can take slightly longer than purchases and you will be charged a fee.

Knowing these basic steps should allow you to start transacting through crypto ATMs. For more information on how to find a Bitcoin ATM and use it, visit Cryptobase ATM. It not only provides you with locations of ATMs near you but also tells you how to use these step-by-step. Visit Dailytimepro