How to Buy Bitcoin with Cash--Buy Bitcoin Instantly
By DOBI ATM
https://i.redd.it/y1bm1tf8m6121.png
As reported, there are growing number of bitcoin ATM comes out. Coinmarketcap records over 4041 ATMs worldwide. If you are new to bitcoin ATM world or just have no idea how to operate Bitcoin ATM, this tutorial is just for you.
If you have no time to read the whole passage, just watch this video guideline directly: https://www.youtube.com/watch?v=qSZYHPkkKiI
Materials Preparation
Since most bitcoin ATM share similar functions either one-way or two-way machine, what you need to prepare are:
- KYC/AML: ID Card/driver card/ Phone number
- Digital currency wallet / NFC Card
- “Money”: Cash / credit card /bank card
Operation
Most Bitcoin ATM works similarly. Here I take DOBI ATM as an example to display operating process.
Directly dive in this YouTube video to watch how to use:
https://www.youtube.com/watch?v=qSZYHPkkKiI
This video gives a comprehensive guide on cryptocurrency deposit and withdraw:
- How to buy bitcoin using ATMs
- How to sell bitcoin using ATMs
- How to withdraw cash from bitcoin ATMs
6%-10% fees
There is no fixed fees for buying or selling for cash because it can be manually decided by the Bitcoin ATM operators. But according the biggest ATM service platform coinatmradar, the average fees comes at 8%-10%. Seeing by country distribution, US share most market. As on the chart below, operators provide 4%-6% sell fees and 6%-11% buying fees.
Average transation fees in US bitcoin ATM operators
The majority of ATM shows how much fees it charges during transaction which ever country you are. Just pay attention and see if it is acceptable before finishing the payment.
DOBI ATM
DOBI ATM is the biggest bitcoin ATM manufacturer in China. Branding whole sale and retailing is available.
Contact Email: [viva@dobitrade.com](mailto:viva@dobitrade.com)
Website: www.dobiatm.com
Twitter: https://twitter.com/AtmDobi
LinkedIn: https://www.linkedin.com/company/dobi-atm/
Reddit: http://www.reddit.com/r/DOBIATM
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