There will be times when you’ll want to sell Bitcoin for cash, and it’s incredibly easy with your Coinsource account at a Coinsource Bitcoin ATM.
STEP 1 – CREATE A COINSOURCE ACCOUNT
To sell bitcoin, you will need to create an account with a regulated and secure bitcoin buying and selling service like Coinsource. To enroll with Coinsource if you haven’t already, click here.
STEP 2 – DOWNLOAD WALLET APP
If you have not already, you should consolidate the bitcoin you wish to sell into a single wallet before selling at a Coinsource bitcoin ATM. Be sure that your wallet enables you to send to a bitcoin address presented in the form of a QR code. This will be used to provide your wallet with the Bitcoin address of the Bitcoin ATM. Here are the best Bitcoin wallet apps currently on the market.
STEP 3 – FIND A BITCOIN ATM LOCATION
The next step is to find a Bitcoin ATM. Coinsource has Bitcoin ATMs in over 44 states and is adding more locations all the time. Locate a Coinsource Bitcoin ATM near you.
STEP 4 – SELL BITCOIN
Once you’re logged in to a Coinsource Bitcoin ATM, select the “Sell Bitcoin” option and choose the amount you wish to sell.
Note: Not all Coinsource machines have selling capabilities. Make sure to check the information of the kiosk you’re planning to use before you make the trip.
You will be presented with a Bitcoin address in the form of a QR code to scan.
Now simply send the displayed amount of Bitcoin to that Bitcoin address and you can withdraw your cash once the transaction has been confirmed on the blockchain.
Coinsource does not control the amount of time it takes to confirm transactions on the bitcoin network.