Imagine turning physical cash into digital gold at the touch of a button. That’s exactly what Bitcoin ATMs offer – a bridge between traditional currency and cryptocurrency. You mightâve seen one at the mall, a gas station, or maybe in some random convenience store and thought, Wait, what? Thereâs an ATM for Bitcoin?! Yes, there is.Â
And itâs one of the simplest ways to buy and send Bitcoin. No, waiting for bank approvals, no need to deal with complicated exchangesâitâs just you, the machine, and your wallet. But hereâs the thing: It can feel slightly confusing if youâve never used one.Â
If youâve read my previous articles on Bitcoin ATMs, you should have a solid understanding of them and how to use them. But letâs get to the fundamental questionâhow do you send Bitcoin from a Bitcoin ATM to Breet or any other crypto wallet?
In this article, I will give you step-by-step guides on sending Bitcoin from a Bitcoin ATM to Breet or any other wallet address. Why Breet? Because Breet is the best crypto trading platform to sell Bitcoins and other cryptocurrencies in Nigeria and Ghana.
Step-by-Step Guide to Sending Bitcoin from a Bitcoin ATM to a Breet Address
Sending Bitcoin from a Bitcoin ATM to Breet is straightforward, but you need to give it careful attention to avoid errors. Hereâs a step-by-step guide for sending Bitcoin from a Bitcoin ATM to a Breet address to ensure a smooth transaction.Â
Step 1: Find the Nearest Bitcoin ATM at your Location
Before anything else, you need to find a Bitcoin ATM closer to you. You can find thousands of Bitcoin ATMs worldwide in various areas, including shopping malls, convenience stores, and financial centers. Do not worry because this process proves more straightforward than you think. If youâre in Africa like me, I have written an article on how many Bitcoin ATMs we have in Africa. It also contains precise locations of some Bitcoin ATMs. Generally, you can find any Bitcoin ATMs nearest you by using websites like CoinATMRadar or just doing a quick Google search.
Once you find one, it is crucial to identify if itâs a two-way machine. This means that the Bitcoin ATM can both buy and sell Bitcoin. Some machines can only be purchased or sold. Itâs better to use a Bitcoin ATM that can do both.
Step 2: Create a Breet Wallet
Like every other crypto wallet, you cannot send crypto into a wallet without having one first. To send Bitcoin from a Bitcoin ATM to a Breet wallet, you must create a Breet wallet.
Creating a Breet wallet is super easy. You can do that by downloading the Breet app on your phone. The Breet app is available on all Android and iPhone devices. Breet also has a web version, which you can use. Just follow the instructions provided to open a Breet account, and voila! You now have a Breet wallet address to receive Bitcoins from a Bitcoin ATM or any other sender.Â
Step 3: You Have to Verify your Identity
When using Bitcoin ATMs, you must usually verify your identity before you can make any transactions. This is necessary due to crypto regulations. Verifying identity is done to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations.
The process is relatively straightforward. Just obey the ATM instructions which will be available on your ATM screen. Such as your name, phone number, and address may be required. Sometimes, you will be asked to scan your ID, like a passport or driverâs license. It depends on the machineâs policy.
Step 4: Insert Cash Into the ATM
After you have confirmed your identity, you will then be able to transact with the Bitcoin ATM. Now, itâs that time you put the cash into the ATM. To send Bitcoin from the Bitcoin ATM, you will need to buy Bitcoin from it. You have to insert the amount of money equivalent to how much Bitcoin you want to receive. The rate is usually shown on the Bitcoin ATM. I think itâs also important to note that other options may be provided to fund the machine.
Once you insert your cash, the Bitcoin ATM will read it and analyze how much you have put in it. It will then convert your money to Bitcoin and send it to your Breet wallet.
Step 5: Send Bitcoin from Bitcoin ATM to Breet address
Now that the Bitcoin ATM is funded, you have converted your payment to Bitcoin and are ready to send it. You must add your Breet address so the ATM can identify it and send it there. To do this, follow these simple steps:
- Open your Breet app and navigate to the âreceiveâ section.
- Copy your Breet address.
- On the Bitcoin ATM screen, select the âsend Bitcoinâ option.
- Type your Breet address into the âsend toâ field.
- Enter the amount of Bitcoin you want to send.
- Review the transaction details and confirm the transaction.
However, a QR code is a much safer and easier way to add your Breet address. Instead of typing your wallet address manually, you could make mistakes and send the BTC to the wrong address; you can simply scan your Breet address QR Code using the Bitcoin ATM scanner.
And thatâs it! Youâve successfully sent Bitcoin from a Bitcoin ATM to your Breet address.
Why Send Bitcoin to Breet Using Bitcoin ATMs?
Well, aside from the fact that Breet is one of the best cryptocurrency platforms for converting crypto to cash, it is genuinely one of the fastest way to convert your crypto Naira or Cedi.Â
When you send Bitcoin from a Bitcoin ATM to your Breet address, once the transaction is processed correctly on the machine, your Bitcoin will arrive in your walletâno delays, no issuesâjust smooth transactions.
Another big advantage? Breet is entirely fee-free. No transaction fees, no receiving fees, and no withdrawal fees. You get exactly what you send, with no hidden charges. If you’re looking for a hassle-free way to trade Bitcoin, Breet is the way to go!
Frequently Asked Questions about Sending Bitcoin from a Bitcoin ATM to a Breet Address
Can I use a Bitcoin ATM without an ID?
Most automated teller machines do not require identity verification for small Bitcoin transactions. However, large transactions at Bitcoin ATMs may require users to authenticate their identity before the machine allows the operation to proceed. This is just a security measure.
Are Bitcoin ATMs safe?
Yes, for sure! When using an ATM, always ensure the ATM is from a trusted provider. Avoid any suspicious-looking or oddly located Bitcoin ATM. If youâre unsure, check reviews or ask around about the machine.
My Bitcoin is taking foreverâwhatâs going on?
Visit an online Bitcoin network status checker when your transfer has been over an hour. Transactions at Bitcoin ATMs might experience delays if the network reaches high traffic levels. You can contact support if your Bitcoin remains unreflected even though the system shows everything as usual.
Conclusion
After completing your first Bitcoin ATM transaction to Breet, sending Bitcoin through the machines becomes easy. This method offers a quick crypto transfer solution and does not require complicated procedures or headaches.
The knowledge you gain about Bitcoin ATM usage will enable you to operate these machines with expertise when you spot them again. Happy trading!