All You Need to Know About How to Buy Bitcoin in Chicago

 Bitcoin ATM is an automatic teller machine, which an individual uses to buy and sell Bitcoins. They are similar to traditional ATMs, but they directly connect the customer to a Bitcoin exchange.


If you are in Chicago and want to buy Bitcoin there, you can buy and sell Bitcoins with the help of a bitcoin ATM in Chicago. It is the most convenient way to purchase Bitcoin in person. 


With the help of several websites and platforms, you can find bitcoin locations in Chicago easily. 


Steps to Use a Bitcoin ATM


Using Bitcoin ATMs is not an uphill task. All you need is a verified account called the Bitcoin Wallet for accessing the services. 


The steps include:


⦁ First, press the ‘Buy Bitcoin’ button on the screen.

⦁ After that, scan your Bitcoin wallet’s QR code. It is placed at the bottom right of the ATM.

⦁ Place your phone in front of the QR code reader so that the ATM can acknowledge your wallet address.

⦁ Place your banknotes on the bottom left of the ATM for the cash amount for which you want to buy the Bitcoins. 

⦁ Click on ‘send coins,’ and the Bitcoins you purchased are sent to your mobile wallet. 


If you want to bitcoin in Chicago, then there are some ATMs that ask for user verification through mobile number verification or fingerprint scanning. 


Generally, there are two types of Bitcoin ATMs:


⦁ Unidirectional: In this type of ATM, users exchange cash for Bitcoins. If users put cash in the ATM, they will receive Bitcoin in their mobile wallet. 


⦁ Bidirectional: In this type of ATM, users can buy Bitcoin with cash and exchange Bitcoins back into cash. These ATMs help to cash out your Bitcoin investment. 


Check out the Process of Buying Bitcoin in Chicago:


⦁ Reach your nearest Bitcoin ATM

⦁ Enter the amount of Bitcoins you want to buy

⦁ Scan the QR code of your mobile wallet to provide your Bitcoin address

⦁ Deposit cash into the ATM

⦁ After the confirmation of your transaction, you will receive Bitcoin in your mobile wallet

Bottom Line


Bitcoin ATMs are quick, secure, and interactive platforms. With the help of Coin ATM Radar, you can easily find a Bitcoin ATM anywhere in Chicago or worldwide. These platforms are beneficial to reach your nearest BTC ATM. They will also tell you the current status of the ATMs. 



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