If you’ve been wondering how to use a Bitcoin ATM, keep reading! We’ve put together an overview of Coin Cloud, a leading DCM operator. This machine accepts cash and more than 30 cryptocurrencies. In addition, it requires only one confirmation on the blockchain, making it the perfect place to trade cryptocurrencies!
Coin Cloud is a leading digital currency machine (DCM) operator.
Coin Cloud is a leading operator of digital currency machines (DCMs) nationwide, including locations in the U.S., Brazil, and the United Kingdom. It offers the quickest and most convenient way to purchase and sell digital currencies using cash. Coin Cloud’s digital currency machine (DCM) network is 100 percent buy & sell in dozens of nationally recognized retail locations.
Coin Cloud recently added ApeCoin (APE) to its DCM network. ApeCoin is a utility token used in future web3 gaming and entertainment applications. The company’s DCMs also accept other cryptocurrencies. APE quickly became the most traded token among top Ethereum wallets, reaching a trading volume of $9.2 billion in just 24 hours. ApeCoin acts as a decentralized protocol layer for various metaverse initiatives. Coin Cloud also offers other digital currencies such as Shiba Inu (SUSHI), Polygon (MATIC), and OMG Network.
It requires only one confirmation on the blockchain.
A Bitcoin ATM uses a digital currency network to make cryptocurrency transactions. The network has more than four thousand locations across the 48 states, enabling consumers to perform transactions quickly and easily. In addition, the coin cloud bitcoin atm requires only one confirmation on the blockchain to make transactions, a small price compared to the high cost of other methods.
It offers access to more than 30 cryptocurrencies.
Coin Cloud is a prominent digital currency machine operator, offering rapid access to bitcoin and more than 30 other digital currencies. Cardano, SushiSwap, Celsius, and 1inch were among the latest cryptocurrencies introduced to the company’s platform last month. Coin Cloud is at the vanguard of the burgeoning crypto business, with over 3,000 ATMs spanning the United States, Canada, Brazil, and Europe. Coin Cloud ATMs offer access to more than 30 digital currencies, including Bitcoin, Ethereum, Litecoin, Dogecoin, and cryptocurrency-based ether.
Coin Cloud’s ATMs work like traditional ATMs. You can deposit and withdraw cash and buy Bitcoin. However, early Bitcoin ATMs didn’t support sales. Instead, coin Cloud machines let you purchase and sell multiple cryptocurrencies, including Ether, Lisk, and Dogecoin.
It accepts cash
Coin Cloud is a network of two-way BTMs that accept cash and digital currency. With over three thousand locations across the U.S. and Brazil, their ATMs are the easiest and fastest way to buy and sell digital currencies. They support various currencies, including bitcoin, Ethereum, Litecoin, Dogecoin, SushiSwap, Defi tokens, etc.
To use a Coin Cloud ATM, all you have to do is enter your mobile phone number and proceed to verify your identity. Next, you will be sent a verification code via text message. After you confirm your identity, you can complete the transaction. Once you have verified your identity, you can select whether you want to buy or sell bitcoin. Once you insert cash into a Coin Cloud Bitcoin ATM, you will be prompted to create a QR code on your smartphone, which you will then scan with your mobile phone to get your bought Bitcoin.
