Being a first-time user at a Cryptobase ATM couldn’t be easier. Start with a mobile phone capable of receiving text messages and a digital wallet. Upon arriving at a secure ATM kiosk, first enter the phone number and verify it through a secure code texted to your mobile device. When prompted, create a personalized 4-digit PIN for further verification. Next, set up a digital wallet to complete transactions and manage online crypto portfolios. App stores have a variety of free-to-download digital wallet apps, but using the Cryptobase digital wallet adds an additional level of security and ease to every transaction.

To buy cryptocurrency, enter the secure ATM kiosk and press the Buy Coins tab on the screen. After going through the verification process of entering a phone number and creating a 4-digit PIN, decide upon the variety of cryptocurrency options available for purchase, including bitcoin, bitcoin cash, ethereum, and litecoin. Next, pick a delivery method — scanning a QR code, creating a paper wallet, or manually entering the address receiving the transaction. After a delivery method has been chosen, insert cash into the ATM one bill at a time and watch as the machine automatically converts currency into the selected cryptocurrency equivalent. Once the money has been converted, the machine will display a Finish prompt, and the transaction will be completed. Keep an eye on the wallet app — unlike with online transactions, which can take days to process, the cryptocurrency will be available within minutes.

To sell cryptocurrency, simply press the Withdraw Cash tab on the screen of the secure ATM kiosk. After completing the verification process, enter the amount of money to be withdrawn. A QR code that can be scanned within the digital wallet app will appear. Open the Cryptobase wallet app and press the Send button. This will direct to a Scan QR Code button. Before scanning the QR code, double-check that the desired amount of cryptocurrency is correct. Small transactions will be immediately dispensed by the ATM. For larger transactions, there may be a 10-minute processing delay. However, there’s no need to wait at the ATM as a text message will be sent to the verified number when the money is ready to be dispensed. Simply enter the texted Redemption Code under the ATM’s Redeem tab to receive the cash.

Not only do Cryptobase ATMs offer one of the fastest and most convenient ways to buy, sell, and trade cryptocurrency in Virginia, but they offer a level of safety and security that cannot be found in other ATMs or online avenues of trading. Despite Virginia’s bills to safeguard cryptocurrency security, there’s still the looming possibility of online trading putting money or personal information at risk of being stolen by hackers and scammers. Cryptobase is known for never asking for personal or banking information for any cash purchases under $1,000. Cryptobase’s secure interface, combined with its ability to process transactions within 10 minutes, makes it a safe alternative to trading online or at unreliable ATMs.

Cryptobase ATMs also offer the option to buy bitcoin of any value, with the ability to divide bitcoins into pieces as small as 0.0001 BTC. This leaves no limit to how much or how little can be invested, making Cryptobase the preferred ATM for big and small investors alike