It can be daunting trying to figure out the best way to buy Bitcoin and other crypto with cash. We wanted to make the process a little less intimidating. Follow this step-by-step guide to start your crypto journey today!
Step 1: Find Your Nearest Unbank Bitcoin ATM
- Open the Unbank app or visit the Unbank website.
- Click on 'Buy' and select 'Cash at Bitcoin ATM.'
- Use the interactive map to find the closest ATM location.
- Click on 'Go to Location' or 'Get Directions' to navigate directly.
Step 2: Prepare Your Digital Wallet
- If you don't have a digital wallet yet, download a trusted wallet app (Unstoppable Wallet, Exodus, Trust Wallet, etc.).
- Open your wallet and navigate to your Bitcoin (or selected cryptocurrency) receiving address.
- Copy the wallet address or be ready to scan your wallet’s QR code at the ATM.
Step 3: Initiate the Purchase at the Unbank ATM
- Approach the Unbank ATM and tap on the screen to begin.
- Select the cryptocurrency you want to buy (Bitcoin, Ethereum, Litecoin, etc.).
- Enter the amount of cryptocurrency you'd like to purchase or the amount of cash you wish to use.
Step 4: Identity Verification
- Depending on transaction size, you may need to verify your identity.
- Have your valid U.S. Driver’s License, State ID, or Passport ready.
- Follow the ATM prompts to scan your ID. This verification ensures secure and compliant transactions.
Step 5: Provide Your Crypto Wallet Address
- Choose between scanning your wallet’s QR code or manually inputting the wallet address provided earlier.
- Double-check the wallet address carefully to ensure accuracy.
Step 6: Insert Cash
- After confirming your wallet address, insert your cash into the ATM.
- Unbank Bitcoin ATMs accept denominations clearly indicated on the machine.
- Confirm the cash amount on-screen.
Step 7: Confirm the Transaction
- Review all transaction details including cryptocurrency amount, wallet address, fees, and exchange rate.
- Once verified, confirm to complete your transaction.
- The cryptocurrency will then be sent directly to your digital wallet.
Step 8: Transaction Receipt
- The ATM will provide a printed or digital receipt.
- Keep your receipt until you confirm the crypto has arrived safely in your wallet.
Tips for a Smooth Experience
- Always double-check your wallet address.
- Save the receipt for your records.
- For frequent transactions, ensure your ID is up-to-date to avoid delays.
By following these easy steps, buying Bitcoin and other cryptocurrencies with cash at Unbank Bitcoin ATMs becomes a simple and secure process. Welcome to your crypto journey!