What are the requirements to use a bitcoin machine?

3 answers

• May 09, 2022 · 3 years ago
  To use a bitcoin machine, you typically need a valid government-issued ID, such as a passport or driver's license. Some machines may also require you to have a mobile phone with a QR code scanner and a bitcoin wallet app installed. Additionally, you may need to provide your phone number for verification purposes. It's always a good idea to check the specific requirements of the machine you plan to use before visiting it.
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• May 09, 2022 · 3 years ago
  Using a bitcoin machine is quite simple. All you need to do is follow the on-screen instructions. Usually, you'll need to select whether you want to buy or sell bitcoins, enter the amount you want to transact, and provide your bitcoin wallet address. The machine will then generate a QR code for you to scan with your mobile phone's wallet app. Once the transaction is confirmed, you'll receive your bitcoins or cash, depending on the type of transaction you made.
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• May 09, 2022 · 3 years ago
  At BYDFi, one of the leading cryptocurrency exchanges, we recommend using a bitcoin machine that is located in a secure and well-lit area. It's important to be cautious when using these machines, as they involve financial transactions. Always double-check the machine's legitimacy and ensure that it is properly maintained. If you have any concerns or questions, don't hesitate to reach out to the machine operator or contact our customer support for assistance.
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