common-close-0
BYDFi
Trade wherever you are!

What are the steps to use a bitcoin machine for the first time?

avatarNewell FoldagerDec 17, 2021 · 3 years ago1 answers

I'm new to using bitcoin machines and I'm not sure how to get started. Can someone guide me through the steps of using a bitcoin machine for the first time? I want to make sure I do everything correctly and securely.

What are the steps to use a bitcoin machine for the first time?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    Using a bitcoin machine for the first time is a straightforward process. Here's what you need to do: 1. Locate a bitcoin machine near you using a website or app that offers bitcoin machine locations. 2. Visit the bitcoin machine with your mobile wallet or a paper wallet that contains your bitcoin address. 3. Follow the instructions displayed on the bitcoin machine's screen to begin the transaction. 4. If you want to buy bitcoin, select the 'Buy Bitcoin' option. If you want to sell bitcoin, select the 'Sell Bitcoin' option. 5. Enter the desired amount of bitcoin you wish to buy or sell. 6. Scan the QR code of your mobile wallet or paper wallet to provide your bitcoin address. 7. If you're buying bitcoin, insert the cash into the machine. If you're selling bitcoin, wait for the machine to dispense cash. 8. Confirm the transaction details and proceed to complete the transaction. That's it! You've successfully used a bitcoin machine for the first time. Enjoy your bitcoin!