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Bitcoin_ATMs_Overview

People are getting crazy about buying and selling Bitcoins because it is the number one platform nowadays. If you want to buy and sell Bitcoins, then Bitcoin ATMs are a perfect choice. It is an automatic teller machine similar to traditional ATMs, but the best part is that it is not connected to a bank account.

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Bitcoin_ATMs_Overview

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  1. Bitcoin ATMs: Overview People are getting crazy about buying and selling Bitcoins because it is the number one platform nowadays. If you want to buy and sell Bitcoins, then Bitcoin ATMs are a perfect choice. It is an automatic teller machine similar to traditional ATMs, but the best part is that it is not connected to a bank account. You can find bitcoin locations in Chicago with the help of several online websites. Bitcoin machine is the most convenient way to purchase Bitcoin in person. You can easily find a list of BTC ATMs near your location with the help of different websites and maps. Bitcoin ATM in Chicago is used similar to a traditional ATM, but the major difference is traditional ATM involves cash, and Bitcoin ATM has virtual cash. For accessing the services, you should have a verified account called the Bitcoin Wallet. Go through the following steps to understand how to use Bitcoin ATMs: •Press the ‘Buy Bitcoin’ button on the screen to start. •After that, you have to scan your Bitcoin wallet’s QR code. It is placed at the bottom right of the ATM. •Place your phone in front of the QR code reader so it can get the address of your wallet. •Place your banknotes on the bottom of the ATM for the cash amount for which you want to buy the Bitcoins. •Click on ‘send coins,’ and the Bitcoins you purchased are sent to your mobile wallet. All this process will take few minutes to complete. There are some Bitcoin ATMsthat need user verification or fingerprint scanning. There are basically two types of Bitcoin ATMs: •Unidirectional: In this ATM, users put cash in the ATM and receive Bitcoin in their mobile wallet. •Bidirectional: In this ATM, users can buy Bitcoin in Chicago with cash and exchange Bitcoins back into cash. Steps to Buy Bitcoin in Chicago: •Enter the number of Bitcoins you want to buy. •Scan the QR code of your mobile wallet •Deposit cash into the ATM •After that, you will receive Bitcoin in your mobile wallet Wrap Up

  2. Bitcoin ATMs are secure and interactive platforms to buy and sell Bitcoins. If you are searching Bitcoin ATMs for the first time, then there are many websites or tools that will help you find the nearest location for the Bitcoin ATM.

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