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How Do I Make a Paper Bitcoin Wallet?

Cryptocurrencies like Bitcoin are digital currencies, meaning you can never hold a bitcoin in your hand. Instead, you store bitcoins in one of three basic kinds of wallets: hardware wallets, software wallets, and paper wallets. Of these three options, paper wallets are the least secure by a wide margin. Still, paper bitcoins wallets have some practical use cases. But we discuss those elsewhere on the site (What Is a Bitcoin Paper Wallet and How Do I Use One?). So for the purposes of this article, let’s dive straight into how to make a paper Bitcoin wallet using one of RockItCoin’s Bitcoin ATMs. How to Make a Paper Bitcoin Wallet with a Bitcoin ATM Step 1. Visit the Nearest RockItCoin ATM…Read more

Is RockItCoin Safe?

Yes. RockItCoin is The most trusted name in Bitcoin ATM™. We go to great lengths to protect the privacy of our users and to make sure every transaction settles quickly and accurately. It can be difficult to differentiate between legitimate companies and fraudsters when investing in cryptocurrency. Thus, we commend all of the readers who’ve found their way to this page. Doing so suggests that you take your investment seriously and aren’t afraid to do your own research. Given the prevalence of Bitcoin scams, far too many people fail to look into opportunities before investing. About RockItCoin Based out of Chicago, IL, we have over 1,500 Bitcoin ATM locations in cities and towns across the United States. Each of our…Read more

How to Buy Bitcoin Using a RockItCoin ATM

RockItCoin ATMs make it easier than ever to buy Bitcoin. All transactions are cash-based, so you won’t even need a credit card. Once you’re in front of the ATM, it will guide you through every step of the process. But we’ve put together this step-by-step guide to show you how to buy Bitcoin from an ATM and just how easy it. Note: It’s always best to have a Bitcoin wallet set up before you visit a RockItCoin ATM. Click here to download the free RockitCoinX wallet. The RockitCoinX Wallet supports BTC, LTC, ETH & BCH and 47+ more tokens (see full list here) Step 1: Find and Visit a Local RockItCoin ATM With 900+ RockItCoin ATMs around the country, there’s…Read more

How to Sell Bitcoin Using a RockItCoin ATM

When you are trying to “Withdraw Cash” from a RockItCoin ATM what you are truly doing is selling us crypto currency for cash. The process can be completely painless with these simple steps. Step 1: When you walk up to the screen you will have to select the action of “Withdraw Cash” Step 2: You will have to select the range that you would like to transact for this example I will be selecting “$20-$750” Step 3: You will have to put in your phone number.  This is how we recognize your verification with the “RockItCoin kiosk”. Make sure you read and understand the bright red lettering underneath. This is an important warning that you need to understand before continuing. After…Read more

How To Setup Your RockItCoin Wallet

Setting up your RockItCoin wallet is easy, just follow these simple steps. Step 1: Download the app. Step 2: Create your account by clicking “create an account” on your screen. Then create a username. Step 3: Create a secure password that is 10 characters long with at least one uppercase letter, one lowercase, and one number. Be sure to choose something you will remember as we cannot help you recover a lost password. Step 4: Choose a 4-digit pin that is secure and that you will be able to remember. Your basic setup is now complete and you can head to your nearest RockItCoin ATM location to buy cryptocurrency. Visit our site to find the location nearest you!  

What Is a Bitcoin Paper Wallet and How Do I Use One?

Bitcoin is a digital currency, meaning that it only exists in the digital world. Every token is stored in a Bitcoin wallet, which might be easier to think of as a bank account than a wallet. Most people keep their crypto in software wallets, often in the form of a wallet app on a mobile device. However, paper Bitcoin wallets are another option, acting as a physical representation of your coins. How to Use a Bitcoin Paper Wallet Bitcoin Wallet Basics Every Bitcoin wallet has a Public Key and a Private Key. This holds true for software/digital wallets like the app on your phone, paper wallets, and any other kind of crypto wallet. The Public Key can and should be…Read more

Troubleshooting The RockItCoin Wallet Application

Having a little trouble with the RockItCoin Wallet? No problem we are here to help. First and foremost make sure you have your account backed up. Part of the appeal of Cryptocurrencies like BitCoin is that it is incredibly secure. If you lose your log in information there is nothing we can do to help you. Make sure you have your recovery questions set up. As soon as you’ve secured your login information and your recovery questions are set up we are ready to work without worry of losing access to your funds.We can start by trying to debug they system. Hit the menu button on the bottom right of the screen Click on the picture of gears Scroll all…Read more

How To Host A RockItCoin ATM In Your Business

A great way to earn some extra income in your business is to host a RockItCoin ATM. Why host a RockItCoin ATM? – RockItCoin provides generous compensation monthly once the ATM is installed. – The ATM only takes up roughly 18″ x 23″ inches. – It will increase exposure and foot traffic to your store. – This will help your community adapt to the use of Bitcoin. – Some hosting business will even begin accepting Bitcoin. Ideal Hosts: – A business that has a lot of foot traffic and long hours, like a 24/7 gas station for example. Zero risk, all reward. Contact RockItCoin today or visit our host page to learn more!

Bitcoin Scams: 7 of the Most Common Cryptocurrency Scams

Cryptocurrency scams and Bitcoin scams, in particular, have become a growing concern in the world of digital currencies. The FTC announced that reports of crypto scams were up roughly 12x from October of 2020 to May of 2021 compared to the same period a year earlier. These scams come in a variety of forms, from blackmail to Ponzi schemes and everything in between. To help you stay safe, we’ve put together a list of 7 of the most common cryptocurrency scams. Read through the different kinds of scams to learn how to respond or jump to the bottom for some general tips to help you avoid falling prey to any of them. Bitcoin ATM Scams / Law Enforcement Scams As…Read more

Tips, Advice, and Things To Look Out For

If you have come this far, that means that you have probably purchased Bitcoin from a RockItCoin ATM…. So congrats !! 😀 If not, don’t worry as this section (as well as the others) are a good place to start before purchasing Bitcoin from our machines. Throughout the sections of the FAQs we will cover many of the main issues that you might encounter when learning how to use Bitcoin and how to purchase them through our machines. Before getting started, here are a few Tips and Advice to take note of: What is Bitcoin ? Bitcoin is not a company and we do not work for it Just like the internet, Bitcoin is not owned by anyone nor is…Read more

Where is my Bitcoin?

Bitcoin transactions are recognized by the Blockchain and soon after are “confirmed.” Normal confirmation time is from 5-30 minutes, 15 minutes on average. Confirmation time is dependent on the activity of the Bitcoin network. The more transactions that are taking place, the longer it takes for a transaction to confirm. Unfortunately RockItCoin cannot control how long it takes your Bitcoin to confirm and we always attach an appropriate high priority mining fee.You should see the unconfirmed funds in your wallet immediately after using the ATM. Sometimes users don’t see the pending transaction or it may take a long time to confirm. The brand of wallet the user is using is the number one reason for long confirmation times and waiting…Read more

How To Backup Your Bitcoin Wallet

How To Backup Your Bitcoin Wallet In this section, we are going to go over how to back up your Bitcoin wallet that you created.This is extremely important. If you were to lose your phone without backing up your wallet you run the risk of losing your Bitcoin! BEFORE BACKING UP YOUR BITCOIN WALLET, BE SURE YOU HAVE A PEN AND PAPER READY. THE BACKUP PROCESS REQUIRES YOU TO WRITE DOWN 12 WORDS. THESE WORDS YOU WILL WANT TO KEEP IN A SAFE PLACE AS THEY ARE WHAT IS USED TO BACKUP YOU WALLET. YOU CAN EITHER WRITE THEM DOWN OR SAVE THEM IN A DOCUMENT ON YOUR COMPUTER. Step 1:Open your wallet on your smart phone and click…Read more

What are your fees for makers and takers?

RockItCoin’s crypto OTC trading services are competitively priced to encourage clients to return to us time and time again. We offer a variable rate of 3-6% dependent on transaction size and quantity. Preferential pricing may be offered to clients seeking to trade assets equivalent to $50,000 USD or greater, and to those who coordinate multiple transactions using our crypto OTC services. Wondering what rate you will qualify for? Reach out to our customer service team today to request an OTC consultation. The manager assigned to your account can walk you through our rate structure and determine what rate is applicable for your trade(s). Our crypto trading experts are standing by to answer all of your questions and coordinate a swift…Read more

How can I get started with crypto OTC trading?

Ready to take advantage of RockItCoin’s white glove services? Begin by reaching out to our customer service team so we can assign you a designated OTC manager. Your manager will be your point-person, in charge of every aspect of your trade. In the first phase of our process, we will walk you through the client orientation process and answer any questions you have along the way. You will then be asked to complete the onboarding documentation, which is required of clients who intend to trade both small and large quantities of cryptocurrency. Finally, your OTC manager will consult with you about the specific details of your trade: the amount, the currency, and other pertinent information needed to put things in…Read more

How can I communicate with RockItCoin while trading?

Every crypto OTC client benefits from our high-touch, white-glove service at every step of the trading process. From the initial consultation, all the way through trade execution, your designated OTC manager and their team will keep you informed. Have questions or concerns part-way through the process? We’re available to respond to you with agility. We believe that reliable and transparent communication are the foundation for a successful, long-term relationship—one we hope to build with every client! At RockItCoin, we know that each person we work with will have specific requirements for how and when they prefer to be contacted. Our professional and intuitive team is ready to meet you where you are, without overstepping any boundaries you set for our…Read more

How do you safeguard user funds and privacy?

Nothing is more important to us than keeping your assets and privacy secure. To ensure that your privacy is never compromised, all of our OTC crypto trades are conducted without the use of public crypto exchanges. Keeping exchanges private helps us guarantee maximum security to every client who trusts us with their high-value transactions. Currently, RockItCoin only accepts wire transfers as a method for receiving and sending payments. As a registered Money Services Business, our goal is to always remain compliant with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. Keeping your privacy and funds safe is in our mutual best interests—you will never have to worry about RockItCoin sharing your personal information.

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