Digital payment methods have made transferring money easier and more convenient than ever before. Sending money to someone through a Coin Source ATM is one such method. Users can buy and sell Bitcoin at CoinSource’s Bitcoin ATMs located across the United States, as well as send money to each other. In this blog post, we will guide you on how to send money from CoinSource ATM.
Step By Step Procees Of Send Bitcoin From CoinSource ATM
Step 1: Locate a Coin Source ATM
You can find Coin Source ATM Near You using the Coin Source website or mobile app. To send money from CoinSource ATM, you must first locate one that offers this feature. You must verify that the Coin Source ATM has the Send Money feature once you have found it since not all Coin Source ATMs have this feature.
Step 2: Insert Your Debit Card
You should ensure that you have enough funds in your account to cover the transaction amount, along with any associated fees, before inserting your debit card into the ATM.
Step 3: Select The “Send Money” Option
You will be taken to the Send Money screen when you select the “Send Money” option from the ATM menu.
Step 4: Enter The Recipient’s Details
You will need to enter the recipient’s phone number or Bitcoin wallet address. If you send money to the wrong recipient, you might lose money. Make sure you have the right information.
Step 5: Enter The Amount
You can send money to the recipient by entering an amount. It is important to keep in mind that there may be fees associated with the transaction, so make sure you have enough money in your account to cover the fees.
Step 6: Review The Transaction Details
The transaction details should be reviewed to make sure all information is correct, including the recipient’s info, the amount of money, and any fees associated. Once everything is correct, confirm the transaction.
Step 7: Wait For The Receipt
Be sure to keep the Crypto ATM receipt after you have confirmed the transaction. The receipt serves as proof of the transaction, so you should keep it safe.
A Coin Source ATM makes it easy to transfer money. You just need to make sure that you have the recipient’s information, and that you have adequate funds in your account before confirming the transfer. Coin Source ATMs let you send money easily and conveniently to someone if you follow these steps.
Frequently Asked Questions
How Long Does Coinsource Take To Send?
Your Bitcoin will be sent to you shortly after you have created your account and a transaction has been completed.
How Much Can You Withdraw From Coinsource ATM?
The Coinsource ATMs allow transactions up to $8,500 per day for a minimum of $5. It is necessary to have a Bitcoin wallet before you can begin using Bitcoin.
Can You Sell Bitcoin At Coinsource ATM?
You can sell Bitcoin once you’re logged into a Coinsource ATM and select the amount you wish to sell.
Note:- It is important to note that not all Coinsource machines are capable of selling. You must check the Coinsource ATM that you will use; it should have the option to sell.
How Much Is The Coinsource Exchange Fee?
For each transaction, Coinsource covers miner fees, which are 11% nationwide. The company guarantees an accurate bitcoin price, no hidden fees, and no hidden charges.