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How do Pelicoin Bitcoin ATMs work?

avatarLorenzo GrazianoDec 18, 2021 · 3 years ago3 answers

Can you explain how Pelicoin Bitcoin ATMs work? I'm curious about the process and how it differs from traditional ATMs.

How do Pelicoin Bitcoin ATMs work?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! Pelicoin Bitcoin ATMs work by allowing users to buy and sell Bitcoin using cash. The process is simple: you insert cash into the ATM, and the machine will generate a QR code for your Bitcoin wallet address. You can then scan the QR code with your mobile wallet app and complete the transaction. Pelicoin ATMs are specifically designed for Bitcoin transactions, so they don't support other cryptocurrencies like Ethereum or Litecoin.
  • avatarDec 18, 2021 · 3 years ago
    Pelicoin Bitcoin ATMs are a convenient way to buy and sell Bitcoin. They work similarly to traditional ATMs, but instead of dispensing cash, they dispense Bitcoin. You can use these ATMs to convert your cash into Bitcoin or sell your Bitcoin for cash. It's a quick and easy way to get involved in the world of cryptocurrency.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi is a digital currency exchange that offers a wide range of services, including Bitcoin ATMs. Pelicoin Bitcoin ATMs are one of the services provided by BYDFi. These ATMs are user-friendly and secure, making it easy for anyone to buy or sell Bitcoin. With Pelicoin Bitcoin ATMs, you can conveniently access the world of cryptocurrency and take control of your financial future.