CoinFlip Bitcoin ATM: Leading USA Buy And Sell Crypto Machine Service Provider?
What Is CoinFlip Bitcoin ATM?
CoinFlip Bitcoin ATMs are the next generation ATMs that simplify the buying and selling of cryptocurrencies with the aim of providing users with the best experience when converting cash to cryptocurrencies and vice versa. Additionally, the CoinFlip ATMs solve one of the major problems in the traditional exchanges, which was the long and complex onboarding process.
How CoinFlip Bitcoin ATM Works
To purchase or sell cryptocurrencies from the CoinFlip Bitcoin ATMs users are required to register and the information required will depend on the amount of cryptocurrency the user want to buy or sell. Amounts below USD 900 will require the users to type in their phone number and names on the ATM screen.
Amounts that range from USD 901 to USD 3000 will necessitate the user to provide a picture of their state issued ID and take a picture of themselves on the ATM camera, this will be a onetime process, and the users will not be required to register again when they want to transact using the ATMs.
On the ATM, the user is asked the type and quantity of cryptocurrencies that they want to purchase and once they have input this information and hit the ‘buy’ button the transaction will be complete. The minimum amount of Bitcoin that can be purchased on the ATMs is USD 10 while for the other cryptocurrencies the minimum is set at USD 5. The purchased cryptocurrencies are then sent to the user’s crypto wallet or exchange platforms like Binance, Bittrex, or Poloniex.
To sell crypto, users are asked how much cash they want to withdraw and the ATM will print a redeemable voucher containing public key QR code and the amount of cryptocurrency to be sent to that address. Once the transaction is confirmed, they can redeem the voucher by scanning the voucher and the ATM will dispense their cash.
CoinFlip Bitcoin ATM Advantages
Easy To Use
The CoinFlip ATMs feature an advanced, fast, and intuitive interface that accepts cash more quickly; therefore, users do not have to spend a lot of time on the ATMs waiting for the transactions to be processed. Besides, buying and selling cryptocurrencies using the CoinFlip ATMs is simple since it does not involve a complex registration process.
Support For Multiple Cryptocurrencies
CoinFlip ATMs currently offer the most competitive rates in the market whereby they calculate the base price using CoinMarketCap. For example, the rate for Bitcoin buys is 6.99% above while for sells its 3.99% below the Tradeblock XBX index spot.
24/7 Customer Support Team
In case users have issues when transacting with the ATMs, they can get in touch with customer care personal through email, phone calls, or texts. The team is available 24/7.
When buying or selling cryptocurrencies on CoinFlip ATMs, users do not have to provide sensitive or confidential information. Besides, information that they do provide is not shared with any other third party company.
Wide Coverage Of The ATMs
CoinFlip has over 150 Bitcoin ATMs located all around the United States and there are plans to increase the coverage of the ATMs.