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Category: FAQs
Can I Withdraw Cash from A Bitcoin ATM?
This is a popular question that we see from users of our Bitcoin ATM kiosks. Do Bitcoin ATMs give cash or is it only possible to insert cash? Can I…
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How Does a Bitcoin ATM Work?
You may have noticed that in many of the usual locations where you can find a bank ATM, like convenience stores and gas stations, there’s another kiosk right next to…
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What is Bitcoin?
Bitcoin is a digital type of currency, but it is not the same as other forms of digital money like credit cards, wire transfers, Paypal, or other electronic services. Those…
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How Can I Spend Bitcoin?
Now that you own Bitcoin, you may wonder what you can purchase or pay for with it. Here are four options for spending Bitcoin: Option 1 - Bitcoin debit cards…
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Frequently Asked Questions
How do I enroll with Coinsource? In order to enroll, you’ll simply need your cell phone and your government-issued State ID or Driver License. (We do not accept foreign ID’s,…
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Bitcoin: How, Where, and What Can I Buy?
How can I buy Bitcoin? Well, there’s several ways you can go about buying Bitcoin such as online exchanges and even through other digital currencies, but the fastest, easiest, most…
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What is a Bitcoin Wallet?
Since you can’t physically hold or stash away actual Bitcoins (they don’t exist in the 3D world), you need a Bitcoin wallet to store the records of each Bitcoin transaction…
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Can I Use Bitcoin to Send Money to a Person?
In addition to buying things with Bitcoin, one of its awesome uses is that you can securely send digital money to anyone who has a Bitcoin address, and the transaction…
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What is Bitcoin Mining?
What is Bitcoin mining? Simply put, Bitcoin mining is the process of using computers to discover, confirm, and add Bitcoin digital transaction records to the public ledger, or blockchain. Miners…
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How Many Bitcoins Exist?
How many Bitcoins exist? It’s not unlimited! There are only 21 million Bitcoins that WILL ever exist, and this cap is predicted to be reached by around 2140. The inventor(s)…
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