Bitcoin Depot | Bitcoin ATM

Category: ATM in Seminole, Florida

Address: 9055 Starkey Rd, Seminole, FL 33777, USA

Phone: +16784359604

Reviews

EpicVlogger

Jun 17, 2021

I've used this location to withdraw and deposit. Very close by and was very convenient and simple to use. 👍

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Questions & Answers

What is the Blockchain?

Bitcoin Depot | Bitcoin ATM | Sep 22, 2021
Bitcoin Depot | Bitcoin ATM | Sep 22, 2021

The Blockchain is a public ledger that Bitcoin essentially travels on. All transactions that are verified are added to the Blockchain, allowing anyone to look up information on a specific wallet address or transaction. When the Blockchain network load increases your transaction could take longer than usual to confirm

What is Bitcoin?

Bitcoin Depot | Bitcoin ATM | Sep 22, 2021
Bitcoin Depot | Bitcoin ATM | Sep 22, 2021

Bitcoin is a decentralized form of digital currency that is created and held electronically. Bitcoins aren't printed, like dollars or Euros. They're produced by people, and increasingly businesses, running computers all around the world using software that solves mathematical problems.

Can I send money to someone through the machine?

Bitcoin Depot | Bitcoin ATM | Sep 22, 2021
Bitcoin Depot | Bitcoin ATM | Sep 22, 2021

Bitcoin Depots BTM is to be used for personal purchase of crypto. You would need to send the Bitcoin from the machine to your wallet. From your wallet you can send the Bitcoin to whomever you like!

Can I use cash with this Bitcoin Machine?

Bitcoin Depot | Bitcoin ATM | Sep 22, 2021
Bitcoin Depot | Bitcoin ATM | Sep 22, 2021

Yes! The machine only accepts cash as payment.

What do I need to buy Bitcoin, Litecoin, or Ethereum from a Bitcoin Depot BTM?

Bitcoin Depot | Bitcoin ATM | Sep 22, 2021
Bitcoin Depot | Bitcoin ATM | Sep 22, 2021

To purchase cryptocurrency you need: 1. Your own Wallet 2. Cash 3. Your phone number Depending on the amount of Bitcoin you are purchasing you may be required to scan or send a photo of your ID.

How do I use a Bitcoin ATM?

Bitcoin Depot | Bitcoin ATM | Sep 22, 2021
Bitcoin Depot | Bitcoin ATM | Sep 22, 2021

STEP 1: BITCOIN WALLET You will need a bitcoin wallet to be able to receive the bitcoins purchased at one of our Seminole bitcoin ATMs. We recommend downloading the Bitcoin Depot Wallet app on your phone - however any bitcoin wallet address will work. STEP 2: CHOOSE AMOUNT Go to one of our bitcoin ATMs and click the buy bitcoins button to begin. Choose the amount you would like to buy. Purchases over $250 will require ID. For all purchases, the bitcoin ATM will ask for your phone number. On your first purchase, it will ask you to create a PIN for future transactions. STEP 3: SCAN WALLET Click on the request tab of your bitcoin wallet app to display your bitcoin wallet address and QR code. Hold your phone 4-6 inches from the QR code scanner above the pin pad on the machine and scan your bitcoin wallet QR code. STEP 4: RECEIVE BITCOIN Insert the amount of cash for your desired purchase and click finish. You will have the option to receive a printed or emailed receipt. Your bitcoin will be transferred to your bitcoin wallet instantly. However, it may take some time for your bitcoin is spendable depending on the speed of the bitcoin network. To send your bitcoin to another person or company, click on the scan tab of your wallet. You can scan the receiving party's QR code or paste in their bitcoin address.

How much are the fees\commissions?

Margaret Toale | Sep 22, 2021
EpicVlogger | Sep 22, 2021

20% fee ouch! But gives you the option of depositing or withdrawal in a pinch.

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