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 sure to be one close by. Check out our Locations page to find the nearest one. The machine will greet you with this screen as you approach it.
Step 2:Touch “Buy Coins” and Select the Amount You Plan to Purchase
RockItCoin ATMs let you do more than just buy your favorite cryptocurrencies. But we’ll cover those other functions in separate guides. You can buy as little as $20 and as much as $9,000 worth of crypto from our ATMs. Touch the screen to select the dollar amount of the coins you wish to purchase.
Step 3: Enter Your Phone Number and SMS Code or Secret PIN
Purchasing Bitcoin requires some form of identification. Rather than require every customer to provide a form of government-issued ID, all we ask for is a phone number. New users will receive an SMS code on their phones which they will be prompted to enter into the RockItCoin ATM. to verify their identity. Returning users will simply need to input the secret PIN they created on their first visit. This step also includes an important warning to protect you from sending common scams: NEVER send Bitcoin to pay for Utility Bills, to pay Government entities or Law Enforcement. All Transactions are IRREVERSIBLE so they are also FINAL.
Step 4: Select the Cryptocurrency You Wish to Purchase
RockItCoin ATMs support Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum (ETH). Since we’re teaching you how to buy Bitcoin from an ATM, we’ll select Bitcoin here. The process for buying any of these coins is the same. Just make sure the wallet address you provide in Step 6 matches the currency you select here.
Step 5: Scan/Enter the Address of Your Digital
Rather than dispensing bills like a typical ATM, Bitcoin ATMs send your coins to a digital wallet. We recommend scanning your wallet QR code rather than manually entering the address to prevent typos.To find the wallet QR code within the RockItCoin digital wallet, click on the three horizontal lines in the upper right corner of the home screen, then click “Request.” After doing so, the app will display a QR code and note the currency that the wallet recognizes. If you’re purchasing a currency other than the one displayed above the QR code, you will need to switch to a wallet that recognizes the appropriate currency. To do so, click on the name of the currency near the top of your phone’s screen. The app will then provide a list of currencies to choose from. Select the currency you wish to purchase and a new QR code will appear. To scan the QR code, hold it in front of the red light just about the keypad of the ATM. Make sure the QR code is open on your phone’s screen and hold it in front of the scanner. Don’t worry if your whole phone won’t fit in front of the scanner. Simply adjust the angle of your phone until the scanner reads the code.
Step 6: Confirm Your Wallet Address
Double-check to make sure the wallet address displayed on the RockItCoin ATM matches the address displayed on your phone. If you’re not using a QR code, make sure the address on the screen is one you own and have control over.
We want to make sure you get the Bitcoin you purchase at our kiosk. Once you’ve confirmed that the address is correct, press “This is my personal Bitcoin wallet” on the Bitcoin ATM.
Step 7: Insert Cash
After confirming your wallet address, the screen will prompt you to insert bills. The bill acceptor on the ATM will blink green. Place your bills in the acceptor to pay for your coins. The ATM screen will display the wallet address again during this step in case you care to triple-check it.
After feeding your cash into the bill acceptor, the ATM screen will display the dollar amount that you inserted and a corresponding amount of Bitcoin. This is the amount that will be sent to your address.
Step 8: Click “Finish” and Take Your Receipt
When you’re done inserting money to purchase Bitcoin, touch “Finish” on the ATM to complete the transaction. The screen will then prompt you to select a paper receipt, an email receipt, or no receipt at all. Pressing the red “X” in the upper right corner will close the window without providing you with a receipt.
After clicking “Finish” it will take a little time before the coins reach your wallet. Bitcoin transactions take anywhere from 10 minutes to an hour to be confirmed. This is true for all Bitcoin transactions, not just those involving a RockItCoin ATM. Ethereum transactions are much faster, requiring only a few minutes before they’re fully confirmed.
That’s it. Now you know how to buy Bitcoin from an ATM. Congratulations on your purchase!
Wallet Supported Tokens | |
---|---|
TOKEN | TICKER |
Anthem Gold (AGLD) | AGLD |
Augur v2 (REPV2) | REPV2 |
Hercules (HERC) | HERC |
Wings (WINGS) | WINGS |
Aragon (ANT) | ANT |
Basic Attention Token (BAT) | BAT |
Bancor (BNT) | BNT |
BRZ Token (BRZ) | BRZ |
Compound BAT (CBAT) | CBAT |
Compound DAI (CDAI) | CDAI |
Compound ETH (CETH) | CETH |
Compound (COMP) | COMP |
Compound Augur (CREP) | CREP |
Compound SAI (CSAI) | CSAI |
Compound USDC (CUSDC) | CUSDC |
Compound WBTC (CWBTC) | CWBTC |
Compound ZRX (CZRX) | CZRX |
Dai Stablecoin (DAI) | DAI |
BNT Smart Token Relay (ETHBNT) | ETHBNT |
Funfair (FUN) | FUN |
Gnosis (GNO) | GNO |
Golem (GNT) | GNT |
Gemini Dollar (GUSD) | GUSD |
Hurify (HUR) | HUR |
Indorse (IND) | IND |
Kin (KIN) | KIN |
Kyber Network (KNC) | KNC |
Chainlink (LINK) | LINK |
Decentraland (MANA) | MANA |
Metronome (MET) | MET |
Maker (MKR) | MKR |
Nexo (NEXO) | NEXO |
Numeraire (NMR) | NMR |
OmiseGO (OMG) | OMG |
Orchid (OXT) | OXT |
Paxos (PAX) | PAX |
Polymath Network (POLY) | POLY |
Augur (REP) | REP |
Sai Stablecoin (SAI) | SAI |
SALT (SALT) | SALT |
Synthetix BTC (SBTC) | SBTC |
Synthetix Network (SNX) | SNX |
Storj (STORJ) | STORJ |
Synthetix USD (SUSD) | SUSD |
TrueUSD (TUSD) | TUSD |
Tether (USDT) | USDT |
0x (ZRX) | ZRX |
As well as custom ERC20 tokens |