Coin Cloud is one of the best ATM in this industry, even it is the market leader for more than 8 years. Bitcoin ATM has been use for various purposes that include buying, selling, and even trading cryptocurrency. With the advancement in technology, there are Coin cloud ATMs have been introduce. Coin Cloud was founded in 2014 and became the leading digital currency machine (DCM) operator. When you like to know how to use Coin Cloud ATM, then you can get your answers here. Coin Cloud operates in more than 5000 locations nationwide. So you can operate them to make quick transactions even without any hassle.
Simple Steps to Use Coin Cloud ATM Machine
Coin Cloud ATMs operate in a relatively straightforward manner. There are generally three steps involved:
Step1:- Find a Coin Cloud ATM:
You can search for Coin Cloud ATMs nearby using the Coin Cloud website or mobile app.
Step2:- Verify Your Identity:
An ATM requires you to provide your phone number and scan a government-issued photo ID before you can use it.
Step3:- Choose Your Cryptocurrency:
From the ATM’s options, choose the cryptocurrency you wish to purchase once your identity has been verified. There are a lot of cryptocurrencies available, including Bitcoin, Litecoin, Ethereum, and others.
Step4:- Enter The Amount:
If you want to purchase a cryptocurrency in USD or its value, enter the amount you want to buy in the field below.
Step5:- Insert Cash:
You can use the ATM to purchase cryptocurrency with cash.
Step6:- Confirm Your Purchase:
Check the ATM’s screen to confirm your purchase details, including cryptocurrency, exchange rate, and amount. Confirm the purchase if everything appears to be in order.
Step7:- Receive Your Cryptocurrency:
The cryptocurrency will be sent to the wallet address you have provided to the Coin Cloud ATM once it has been purchased.
That’s it! The process of using a Coin Cloud ATM is typically very fast and convenient, and you’ll be able to purchase cryptocurrency with cash in just a few minutes.
Why Do We Need to Use Coin Cloud ATM?
Coin Cloud ATM lets you buy and sell the Bitcoin in a much more significant manner. Now you can use more than 40 digital assets for trade with the cash. The Old school Bitcoin ATMs could not do the process. You might have come here looking for a “CoinCloud ATM Near Me,” and you found that with more number of an easier way of accessing the ATM. Coin Cloud operates nationwide by providing the complete-featured Digital Currency Machines (DCMs). These are enable with the complete buy-and-sell functionality. Which is a suitable option for gaining more attributes.
Read Also: How To Deposit Crypto In Coin Cloud ATM?
How To Buy Bitcoin Using CoinCloud?
Coin Cloud machine is the 2-way technology that allows to buy and sell the digital currency for cash. When you are looking forward to use Coin cloud ATM, then you can follow the below instructions.
- Press the “Start” button on the screen
- Accept the Terms and Conditions
- Enter a mobile phone number
- Enter the unique identifier code texted in your phone
- Select the “Buy” option
- Scan the Bitcoin wallet’s QR code using the BTM camera
- Insert bills one at a time
- Press the “I’m done” button
- Your transaction will begin processing on the Bitcoin network
- Transactions will take approximately 10 to 15 minutes
- You will receive your receipt via text message when the transaction is process
- Funds will reflect in your wallet
The Coin Cloud ATM provides you a better option for transacting not only Bitcoin. But also more numbers of Cryptocurrencies such as Litecoin, Ethereum, Bitcoin Cash, DeFi coins, stablecoins, and 40+ digital currencies. It is also quite a convenient option to use a customized non-custodial Coin Cloud app for buying, selling as well as storing of the crypto in a safer manner.
Whether you are looking to send the funds to your family or friends. You can choose this option for increasing cryptocurrency technology. They also allow to set up the withdrawal for reserving the cash. When you are looking for the ‘Coincloud ATM Near me. You can find it using the locator as they provide you the complete results even without any hassle. Apart from these, you can use Coin Cloud ATM in 40 different languages. These would give you a good experience in trading cryptocurrency.
- Enter your mobile phone number
- Select your digital currency
- Scan your mobile wallet
- Insert your cash
Frequently Asked Questions
Does Coin cloud Charge Fee?
For wallet-to-wallet transfers and sales conducted at the Kiosk, Coincloud charges 1.5% when the user completes the transaction through the Coincloud app with a BTC wallet.
Does Coincloud ATM Accept Credit & Debit Cards?
The Coincloud wallet lets you buy Crypto with your debit card and credit card.
How Much Bitcoin Can I Buy From Coincloud?
Bitcoin or other cryptocurrencies can be purchased or sold for up to $1000 with an unverified tier 1 account that requires only a text code and a mobile number.
How Long Does Coin Cloud Take To Sell?
In most cases, Coinflip ATM users receive their money within 10-15 minutes because Coincloud only requires one confirmation or one block.
What is Coincloud’s Daily Limit?
If you have completed your registration, you will be able to buy or sell up to $25000 per day after you have completed your registration.