As you may have already heard, a Coinhub ATM is a highly convenient way for you to get Bitcoin and Ethereum. The only catch here is that you’ll need to have first deposited your phone in order for the crypto transaction to work. The way how a Coinhubatm works is actually quite simple, but this article will break down the crypto process below.
Coinhub ATMs Work Just Like Any Other ATM
First of all, you can get your cash or deposit your cash into your Coinhub account, and you can also buy and sell cryptocurrencies through the ATM. The main difference here is that the crypto ATM takes care of coin counting, so you don’t have to worry about making sure that you have enough change when you go to make a transaction.
You Can Get Your Cash Or Deposit Into Your Coinhub Account
To withdraw money from a Coinhub ATM, you must first have an active account and be the only person using it at that time. If you want to withdraw more than $2,000 in any single transaction, you will need to verify your identity with ID, such as a driver’s license or passport.
You will also need two forms of ID when using our ATMs – one must be government-issued (like a driver’s license), and one must have been issued by an institution (like a credit card). You should never use personal documents like birth certificates as proof of identity when accessing funds at this crypto ATM or anywhere else.
You Can Buy And Sell Cryptocurrencies Through The Crypto ATM
At Coinhubatm, you can use your bank card to buy crypto, or you can pay with cash already in your Coinhub account. If you want to sell some of your holdings, simply swipe the QR code on the screen with your phone and enter how much money you want to receive as payment.
After doing so, the crypto amount will then be transferred into an electronic wallet associated with that specific currency within seconds – and your funds are now ready for use!
The Coinhub ATM Takes Care Of Coin Counting
And finally, the Coinhub teller machine is a highly convenient and secure way for you to deposit your crypto change in no time. You can use the Coinhub ATM with the cash you already have in your account or with a bank card. This popular crypto ATM also takes care of coin counting of your cash, so you no longer have to do so manually!