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How to use a Bitcoin ATM

Check out how easy it is to use a Coinbridge Partners Bitcoin Kiosk. In under 3 minutes Darren demonstrates how quickly and easy it is to purchase Bitcoin using one of our Kiosks.

Bitcoin is much more widely known and used today than just several years ago. However, it is still not easy to acquire bitcoins in the first place. And if you try to sell it on an exchange for fiat currency, it might be even harder. Bitcoin ATMs make the process easier and more accessible. Let’s look at what makes bitcoin ATMs a good means for purchasing bitcoins.

There are almost 8000 bitcoin machines worldwide at the moment.

Many people use Bitcoin ATMs every day, but why? Here are a few key points on why to consider using our Bitcoin Kiosk

Speed

A Bitcoin ATM is one of the fastest ways to buy and sell bitcoins. The process consists of scanning a QR code of your bitcoin address, feeding bank notes into the machine and then clicking “Submit”. Bitcoins are sent immediately after finishing this easy process.

The process of buying / selling bitcoins for the first time will include some verification steps. Verification is a mobile phone check via SMS and submitting your ID. Once this process is completed the first time you will be able to purchase Bitcoin from any Kiosk in the nation. It is much faster comparing to registering and getting verified at exchanges, which might take several days.

Security and anonymity

Coinbridge Partners LLC is an established business entity. A user interacts with machine directly and there is nobody else involved in the process. Compared to meeting someone from localbitcoins — it is much safer, as no one knows in advance you carry some substantial amount of cash with you.

Financial inclusion

This is an obvious fact that in order to use online exchanges you need to send fiat funds as a deposit. For this you need to have a bank account. Although things have been getting better lately with development of mobile financial services, still half of the adult population worldwide are unbanked or underbanked according to the World Bank report.

Even when you have a bank account, you might not want to risk it. Consider using our bitcoin ATM instead to conduct your bitcoin operations. There were many users reporting that banks terminated relationships and closed accounts when fund transfers were identified to be sent to or received from known bitcoin exchanges.

Convenience

Lets face it there is a cost for convenience. It is why we pay so much at regular fiat ATMs. Some ATM's charge up to $3 to use their machine. If you are taking out $20 that's a whopping 15%, not to mention the fee your bank may charge. With our Bitcoin ATM's you will only be charged a transaction fee. Our Kiosks will always sell Bitcoin at Market Price and be delivered to you that day.

Bottom Line

Our Kiosks are secure, easy to use and the fastest way to receive your Bitcoins. Click here to visit a kiosk near you.

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