LEARN ABOUT HOW TO BUY BITCOIN IN CHICAGO

1. LEARN ABOUT HOW TO BUY BITCOIN IN CHICAGO Bitcoin is an innovative as well as popular digital currency which is completely autonomous from the traditional banking system. Like other cryptocurrencies, bitcoin also relies on decentralized blockchain technology with all the transactions recorded publicly on a ledger for full transparency. But apart from traditional currencies, bitcoin brings for all users wide range of features and options and that is the most special feature of Bitcoin. Bitcoin is not an ordinary cryptocurrency. It is so famous among youngsters these days that they are getting crazy to buy as well as sell it. You can get started with Bitcoins without using technical details. After installation of the bitcoin wallet on your mobile or computer, your device will generate your bitcoin address. You can share your addresses with your friends so that they can pay you, or you can pay them. How can you find bitcoin locations in Chicago ? You can find bitcoin locations in Chicago using several online websites. Bitcoin machine is the most convenient way to purchase Bitcoin in person. Bitcoin ATM in Chicago is used similar to a traditional ATM, but the significant difference is standard ATM involves cash, and Bitcoin ATM has virtual currency. 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. •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 you want to buy the Bitcoins. •Click on ‘send coins,’ and the Bitcoins you purchased are sent to your mobile wallet. This whole process will be complete in few minutes. Some bitcoin ATMs need fingerprint scanning or user verification. The two main types of Bitcoin ATMs: •Unidirectional: In this ATM, users cash in the ATM and receive Bitcoin in their mobile wallet.

2. •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 Conclusion: Bitcoin ATMs are secure and interactive platforms to buy and sell Bitcoin cryptocurrency. If you are new to this cryptocurrency and looking for Bitcoin ATMs for the first time, you can take help of different websites or tools. You can get proper guidance through these websites.