You may be also interested in the instructions how to sell bitcoins using ATM.In order to buy bitcoins using a bitcoin ATM you need to find the closest to you location and understand what kind of machine it is.Asking yourself where is closest bitcoin ATM near me?To find all locations – visit our bitcoin machines map.At the moment there are about 30 different types of bitcoin ATMs with about 20 manufacturers having their units actually installed somewhere.It may be difficult for an average user to understand how to buy bitcoins by using a bitcoin ATM and what are the differences among various ATMs.In this article we describe a bitcoin purchase process for 6 different mostly installed bitcoin ATMs in the world (they cover about 90% of the market altogether) and two more types, which were popular before and now are rarely used (Skyhook and Robocoin): There is a general buy process at all bitcoin ATMs: This process may vary from ATM to ATM, and this is what we describe for every of the mentioned above bitcoin ATM types.

It is important to understand that even when machine’s software/hardware support compliance procedures, they are not necessarily activated, as it depends on the operator choice of every particular machine.That is why the same type of machine might have different verifications and limits set up.San-Diego based company Genesis Coin produces three types of ATMs: Genesis1 (two-way), Satoshi1 (one-way) and Satoshi2 (two-way).The process of purchasing bitcoins may have a verification procedure, in this case: The process is demonstrated on the following video: The same machine used by another person: And here is an example of how a similar machine can be used without verifications (if operator chooses to do so): Here is a short video: You can read review of a user who purchased bitcoins from a Genesis1 machine at Fantastico Comic Store in Mexico City.Satoshi1 is a one-way ATM model from Genesis Coin producer.So you can only buy bitcoins from this machine for cash.

Satoshi2 is a very similar looking unit, but it has dispenser slot and allows both buy and sell bitcoin transactions.However, buying bitcoins is identical at both of them.The process flow is identical as the one for Genesis1, we just looked at.But here is an example of how bitcoins can be purchased at this machine: The process is demonstrated here: You can also read an independent review a of user using Satoshi1 bitcoin ATM to purchase bitcoins at Marina Smoke Shop in Huntington Beach, CA.bitcoin news fidelityThis is the second mostly installed Bitcoin machine in the world after Genesis Coin models (as of February 2017).bitcoin mining dyingLamassu Bitcoin ATMs are installed in many countries worldwide.que es hash bitcoin

The process of purchasing bitcoins is very simple: Important!There is no paper wallet printer at this machine, so you need to have a Bitcoin wallet / address before using it (either on your phone, or printed on paper).The machine doesn’t have a camera and normally there are no verification procedures in place.However, as it operates based on open source code software, some operators adjusted the flow and introduced verifications, e.g.ethereum ubuntuphone number check by SMS (you need to find out what is the process at your location).bitcoin paling besarThe process takes 15 seconds and is demonstrated in the following video: Read a review of a user experience of buying bitcoins at one of Lamassu bitcoin ATMs.bitcoin raw transaction feeGeneral Bytes ATM may be set up to provide services to: Depending on how the operator sets up the machine the process is different.bitcoin next difficulty prediction

Also this Bitcoin ATM does not have a receipt printer, but additionally to the option of using existing wallet the user can define email, where the encrypted private keys of a newly generated address will be sent with further instructions how to use it.The process of buying bitcoins using your email is the following: The process is demonstrated in the following video: Here is a short video of purchasing bitcoins with this ATM using standard way (existing wallet): This is a new model introduced by General Bytes in the beginning of 2015.moon bitcoin trickThe main difference is that this machine supports two-way operations: buying and selling of bitcoins for cash.bitcoin trading githubMore details about this model can be found here.The process of buying bitcoins at this machine is quite similar to the one at BATMTwo, but the UI is different.

Here are the steps: Depending on the operator and thresholds set, you can be asked to confirm mobile number by SMS, give finger print or scan your ID.The following video demonstrates the basic purchase bitcoins process at this machine: BitAccess machine is quite spread on the market according to the number of installations.It is well represented in Canada, US and European countries.The process of buying bitcoins using this ATM is the following: The process is demonstrated on this video: This was the most compact and cheap bitcoin ATM on the market.However, presumably due to low price, the company could not survive long term and abandoned market in beginning of 2015 by practically eliminating any support and delaying deliveries.As a result number of these machines on the market reduced dramatically.There are still some in the wild, but not many.Due to hardware and software issues, these machines are difficult to operate, and they are removed from locations.The process of buying bitcoins via this machine is pretty similar to the one above for Lamassu: As there is no printer in this machine, you need to have a bitcoin address beforehand.

The process of buying bitcoins using Skyhook bitcoin ATM is illustrated in this video: UPD: The company producing these bitcoin machines has closed and now there are several machines left installed at various locations, but due to lack of software support they were required to switch to another software.Many operators have used software from General Bytes named Robocoin-kit, which means that although the hardware and how machine looks stays the same, the process of purchasing bitcoins has changed totally and now is identical to the one of a two-way General Bytes model.This is how the old process of buying bitcoins at Robocoin kiosk looked before: This was a controversy bitcoin machine in the Bitcoin community as it had quite advanced verification procedures, about which users usually complained on different forums.Machine supported verification procedures including the palm vein scan, but not necessarily it was activated by operators.The process of buying bitcoins at this ATM was split into two main steps: very first visit (account registration process is more complicated) and all the rest purchases (account is already created, the process is simpler and faster).