FAQ

 

 

What do I need to buy Bitcoin?

  1. USD currency
  2. Bitcoin wallet (ie: Coinbase)
  3. Mobile phone for verification

Don’t have a Bitcion Wallet?
You can have the ATM create one and deposit the purchased BTC into it. The wallet can be sent to you via email. Your emailed receipt will contain instructions on how to use it (ie: spend the funds, transfer to your existing wallet, etc).

Here’s a video showing how to send coins to your email. The email sent will contain the encrypted private keys of a newly generated address and instructions on how to use it.

Buy Bitcoin in 3 Easy Steps

Step 1: Verify identity by entering mobile number. Once SMS code is received, enter it.

Step 2: Present the the QR code of your Bitcoin wallet to the scanner (phone or paper). If you do not have one, you can create one by providing your email address or phone number. Our ATMs work with any Bitcoin wallet found on the Apple App Store or Google Play Store but we prefer the Coinbase wallet

Step 3: Insert cash and confirm purchase.

The transaction will immediately broadcast to the network and you will see the Bitcoin in your wallet within a few seconds

How Much Bitcoin Can I Buy?

The minimum purchase is $5 USD per transaction which buys you 0.00157 Bitcoin. In accordance with state laws, there is a $500 daily limit without registration and a $3,000 daily limit with registration? Purchases over $500 per transaction will require registration at the ATM. Contact us to purchase larger amounts.

To Register
The ATM will ask you to put your state-issued ID up to the camera, and then to take a selfie in front of the camera. Once registered, you will not have to register again.

Are The BTC Purchases Immediate?

Bitcoin purchases at Premier Bitcoin ATMs happen immediately so you should receive the coins within a few seconds. 9 times out of 10, if you don’t see the coins in your wallet, it just needs to be refreshed by closing out of the app and opening it back up again. Some wallets will not show the coins until the transaction has been confirmed on the blockchain, which typically takes less than 10 minutes, unless the network is running slow due to high transaction volume. If you are concerned about your coins not being sent, please check your transaction on the network by going to www.btc.com and using your wallet address to search for your transaction.