Bitcoin ATM Alcorcón, buying and selling cryptocurrencies has never been easier

2024-10-15 09:06:00

There is an alternative that is gaining popularity and makes buying and selling cryptocurrencies easier: Bitcoin ATMs. These devices, part of the Bitomat.com project, focus on places with anonymous transactions, allowing you to make private transactions within the limits of the law and sometimes even without commissions.

Ways to buy cryptocurrencies with cash

First, let’s learn how to buy cryptocurrency with cash and see how to choose the best one.

Buying directly from someone else

You can buy cryptocurrency directly from someone else. Those interested in selling cryptocurrencies usually advertise on online forums, social networks or specialized platforms. However, this option is not completely safe. You do not know the other person’s intentions nor can you be sure that the cryptocurrency they are selling is from a legitimate source, which can increase the risk of being scammed.

Using a cryptocurrency broker

Another option for buying cryptocurrencies for cash is through a cryptocurrency broker, an intermediary in the exchange of cryptocurrencies for cash. In this case, you can make a transfer or visit the broker’s office in person.

Anonymous Bitcoin ATM

If the previous options do not convince you, there is a much more advantageous alternative: the anonymous Bitcoin ATM. Below you will find all the information you need to use this device safely.

Remember that no matter which method you choose to invest, you should be cautious and carefully check who you are trading with. Make sure the person or company is trustworthy and operating legally. Remember the safety of your funds and store cryptocurrencies in a secure wallet!

What is an anonymous Bitcoin ATM and what is it for?

A Bitcoin ATM, also known as a cryptocurrency ATM, is a self-service device that allows you to quickly buy or sell popular cryptocurrencies for cash. It doesn’t require complicated verification or syncing credit cards or Gmail accounts. Additionally, the ATM offers better rates than popular exchanges or exchange houses, and commissions can be as low as 0%. With this system it is possible to carry out transactions of up to 990 euros anonymously.

How does a cryptocurrency ATM differ from a standard ATM?

While both devices accept cash, the main difference is that the cryptocurrency ATM is designed to buy and sell cryptocurrencies without the need for a bank account or card.

What does it take to make a crypto cash transaction?

To make a crypto transaction at an ATM, you do not need to open an account on any exchange platform or provide a phone number. Bitomat.com ATMs offer the possibility of making anonymous transactions up to 990 euros.

What is a cryptocurrency wallet and which one to choose to safely buy and sell cryptocurrency for cash?

Cryptocurrency wallets are programs or devices that allow you to store cryptographic private keys. The main types of wallets include:

Online wallet

An online wallet is always connected to the Internet and can be accessed from any device. It is easy to use and can be set up with cryptocurrency exchanges. Its main disadvantage is susceptibility to hacker attacks.

desk wallet

A desktop wallet is installed on the user’s hard drive, providing more privacy than an online wallet since private keys are stored locally. However, there is a risk of losing funds if the device fails or is stolen.

paper wallet

A paper wallet allows you to store your private keys on paper, offline. It’s virtually impossible to hack, but it’s also easy to lose or damage.

hardware wallet

A hardware wallet is one of the most secure methods of storing cryptocurrency as the private keys are stored offline. Its main disadvantage is the price, which is usually higher.

Cryptocurrencies available to purchase anonymously in cash in Alcorcón

Through ATMs in Alcorcón you can buy and sell cryptocurrencies such as:

– Bitcoin

– USDT

– USDC

– ETH

– HYPHEN

– TRX

– LTC

The process is simple and guided by on-screen instructions.

How to buy cryptocurrency anonymously with cash using an ATM?

To buy cryptocurrency, follow these steps:

1. Find the nearest device in Map of the Bitcoin ATM in Alcorcón.
2. Select the option on the screen “buy”.
3. Insert the banknotes on the device.
4. Choose the cryptocurrency you want to purchase.
5. Scan the QR code or enter your target wallet address.
6. Choose the commission amount you want to pay to the miner.
7. Check that the fee amount is adequate to ensure a quick transaction.
8. Confirm your purchase.

You will receive a paper receipt indicating the amount of cryptocurrency transferred and your wallet address.

How to sell cryptocurrency anonymously for cash using an ATM?

To sell cryptocurrency for cash at an ATM, you can do it in two ways:

1. Find the nearest device on the Chile ATM map.
2. Click the “sell” button. This will cause the operator’s crypto wallet QR to appear on the screen.
3. Scan this QR and you will receive a transaction identifier that you will need later.
4. Transfer the amount of cryptocurrencies you wish to sell to the indicated wallet.
5. Wait a moment for the blockchain to confirm the transaction.
6. Enter or scan the identifier received in the third point so that the Bitcoin ATM will give you the money.

Advantages of Bitcoin ATMs in Alcorcón

ATMs are an effective way to obtain cryptocurrency anonymously and quickly. In addition to being convenient, some of these devices, such as those on the Bitomat.com network, offer low or even 0% commissions, a big advantage over cryptocurrency exchanges.

Bitcoin ATM locations in Alcorcón

In Alcorcón you can currently find the available Bitcoin ATMs below:

Alcorcón Bitcoin ATM – is located on the first floor of the X-Madrid Gallery. The Shopping Center is open from Sunday to Thursday: from 10:00 to 1:00, Friday and Saturday from 10:00 to 2:00.

Conclusion

Bitcoin ATMs in Alcorcón offer an accessible and secure alternative to buying and selling cryptocurrencies with cash. While transaction costs may vary, these machines typically have competitive rates, and some even offer 0% commissions. To take advantage of the best offers, we recommend visiting the operator’s website and checking the locations and available rates.