CoinFlip ATMs: Ways to Buy and Sell Bitcoins

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CoinFlip Team
CoinFlip Team

There are numerous online resources for buying and selling Bitcoin – but are they trustworthy? If you're looking for a way to buy and sell Bitcoins, CoinFlip ATMs offer a secure and fast alternative to traditional exchanges, and best of all, they accept and dispense cash.

Not only is cryptocurrency becoming increasingly accepted as a standard form of payment, it is becoming a solid investment strategy. Nevertheless, there are safe and unsafe ways to buy and sell Bitcoins. Here are a few things you should consider when engaging in a Bitcoin transaction.

Don't purchase Bitcoin or altcoin without doing extensive research – especially if you're brand-new to buying cryptocurrency. Unfortunately, you probably won't find all of the information you'll need about available cryptocurrencies in a single reference whitepaper, and many of the articles online are published specifically to convince readers to buy cryptocurrency. Find pieces published in reputable periodicals, and get advice from a certified financial planner if you want to purchase a significant amount.

Always use verified and licensed Money Service Businesses when buying or selling Bitcoin – buying cryptocurrency from someone you've connected with on Reddit is an ill-advised strategy, especially since you won't have any legal recourse if your cryptocurrency is stolen or if the transaction goes sour. When buying or selling your Bitcoin or altcoins, keep the following in mind:

  • Always make sure the blockchain transaction is verified. Never assume the transaction has gone through without official verification, which can take several minutes.

  • Make sure you have strong antivirus software on the computer that holds your cryptocurrency wallet. If malware invades your computer and steals your cryptocurrency, it's gone forever.

  • Know the difference between an invalid destination address and an incorrect one. Just because an address is incorrect doesn't mean it's invalid. Always double-check the destination address when transferring cryptocurrency. If you enter an incorrect address and send the currency, the transaction will be completed, and the Bitcoin or altcoin will be lost.

CoinFlip ATMs: Ways to Buy and Sell Bitcoin Quickly and Securely

CoinFlip ATMs offer users a cash alternative to purchasing and selling Bitcoin and other cryptocurrencies via online exchange. ConFlip ATM terminals are easy-to-use, secure, and fast, transmitting cryptocurrency quickly and accurately. To learn where to find a CoinFlip ATM terminal, please visit CoinFlip.Tech for the most convenient location.

CoinFlip offers cash Bitcoin ATM terminals throughout the U.S. To learn more about how to buy and sell Bitcoin using CoinFlip ATMs, please visit the FAQ page.

Cover Image for Cryptocurrency Explained: Ethereum

Cryptocurrency Explained: Ethereum

Ehtereum was proposed in 2013 and launched in 2014 by Vitalik Buterin, a Russian-Canadian programmer and co-founder of Bitcoin Magazine. With Ethereum, Buterin intended to create a truly decentralized internet. In addition to being a cryptocurrency, it also provides a DIY platform for decentralized applications, commonly referred to as DApps. 

Joey Prebys
Joey Prebys
Cover Image for Are Bitcoin ATMs Safe?

Are Bitcoin ATMs Safe?

A Bitcoin Automated Teller Machine (ATM) helps people easily and quickly buy and sell cryptocurrency with cash. Bitcoin ATMs have been popping up worldwide to make cryptocurrency accessible to individuals who are unbanked and do not have the credit/debit cards required to purchase crypto online. Are Bitcoin ATMs safe? A simple answer: yes. We believe using a Bitcoin ATM is the safest way to buy cryptocurrency using cash.

Joey Prebys
Joey Prebys