4 Tips for Buying Bitcoin from a Bitcoin ATM Near You in Chicago

by | Jul 20, 2021 | Financial Services

Buying Bitcoin from a Bitcoin ATM can be intimidating, especially if you aren’t sure what to expect. You may be worried things that could go wrong and lead to a frustrating experience. If you want to avoid this, then consider the following tips before using your first Bitcoin ATM near me in Chicago.

Double Check the Address on Google Maps

Double check the address on google maps and make sure it matches up with your Bitcoin ATM. Do not go to a different location then what is shown on Google Maps, as this can lead you to get into trouble or be scammed. When there, double check that the Bitcoin sign in front of the machine is lit up.

Check How Long It Takes for Transactions to Process (Roughly 10 Minutes)

Check how long it takes for transactions to process (roughly ten minutes) on average before getting your Bitcoin. If you’re impatient, then this could be a bit frustrating. Just make sure that you don’t leave without what was promised to you!

Take Screenshots of Your Transaction Before Submitting It

Take screenshots of your transaction before submitting it so that you have proof of what was transferred. This is important because transactions are not reversible and if any mistakes were made then this will come in handy for future reference!

Make Sure That There Is Money in the Machine

Make sure that there is cash in the machine before attempting to buy Bitcoin. There are incidents of people being scammed because they were not careful and put money into a malfunctioning Bitcoin ATM. You’ll save yourself a lot of trouble if you do this!

If you’re searching for a Bitcoin ATM near me in Chicago visit RockItCoin Bitcoin ATM.

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