![]() Now, you will need to open your crypto app on your smartphone. Step 7 - Scan the QR code with your digital wallet applicationĪfter deciding the amount of crypto you would like to exchange for cash, the Bitcoin ATM will print a QR code receipt. Step 6 - Select the amount you wish to withdrawĪfter confirming your phone number and name on the Bitcoin ATM, you will be prompted to enter the amount of bitcoin or litecoin you wish to exchange for cash to withdraw.ĭepending on the machine, you will only be able to withdraw in increments of $50. You will receive a text message with the password. Next, you will be prompted to enter your phone number so that you can receive a single-use password that is necessary to move forward with the transaction. To learn more about CoinFlip's identification requirements for all transactions, including those greater than $900, read this article: Step 5 - Enter phone number In this case, you will skip step 6 below. After you enter that and submit a confirmation code, you will be asked to provide additional identification. If you select yes and you are not a registered customer, an error message will be displayed.Īlternatively, you can select "No, but I would like to register." If you choose this option, the machine will ask for your phone number. ![]() At this point, you can select "Yes, I'm already a registered customer," where it takes you to Step 5 below. In that case, you will be notified that this transaction amount is reserved for registered customers only. Suppose you plan to withdraw more than $900. ![]() If you plan on withdrawing less than $900, select "up to $900" and proceed to the next step. ![]() You have two options: "up to $900", or "more than $900". Step 4 - Select your cash limitĪfter accepting the machine's Terms of Service, you will be prompted to select a cash limit. Take a look over the in your own time, but know that all are final and non-refundable. Next, the Bitcoin ATM will present you with CoinFlip's very detailed service terms that you can find online. So, select bitcoin or litecoin, then proceed to the next step. Step 2 - Select the crypto you want to sellĪfter you've arrived at the nearest Bitcoin ATM that allows you to withdraw cash in exchange for cryptocurrency, you must select which crypto you would like to exchange.Ĭurrently, you can only exchange bitcoin and litecoin for cash at a CoinFlip ATM. The purple location marker indicates that this machine can facilitate two-way transactions and allow you to both buy bitcoin and withdraw cash in exchange for bitcoin. Once you've found your closest "Buy and Sell" ATM, be sure that there is a purple marker next to the location you have selected. This is why using the "Buy and Sell" filter is essential. Please note that not all CoinFlip Bitcoin ATMs allow you to withdraw cash in exchange for bitcoin. To do this, type your zip code into the, and be sure to apply the filter "Buy and Sell." To withdraw from a Bitcoin ATM, you will first need to find your closest Bitcoin ATM that allows you to sell. Īdditionally, if you are interested in buying bitcoin and other cryptocurrencies at a Bitcoin ATM, check out this step-by-step guide: Withdrawing cash at a Bitcoin ATM Step 1 - Find your closest Bitcoin ATM If you are a total beginner at Bitcoin and cryptocurrency, I highly recommend starting with this article. In this guide, I will explain, step by step, how to withdraw cash at a Bitcoin ATM. You do not need a bank account when using a Bitcoin ATM, and transactions take only a few minutes. But, did you know that some Bitcoin ATMs allow you to withdraw your bitcoin for cash? It's true! If you're looking to convert your bitcoin to cash easily,, and fast, then look no further.īitcoin ATMs are a great option for withdrawing cash in exchange for cryptocurrency because, depending on the size of your transaction, all you need is a, a mobile phone, and some cryptocurrency you are willing to exchange for cash. Previously, I've described how to convert your cash to and other cryptocurrencies at a Bitcoin ATM.
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