When you sell bitcoins for cash using <a href=”https://www.firmen.ch/en/13616+Tallinn+Estonia/cryptodevelopers/139650/portrait.htm”>Bitcoin ATM</a>, there are several general steps you need to go:

  • Verification step (optional, but normally for sell operations the operator will require you to identify yourself, however the identification procedure may vary for different machine types, or even operators running similar machines)
  • Send bitcoins to the given by <a href=”https://www.firmen.ch/en/13616+Tallinn+Estonia/cryptodevelopers/139650/portrait.htm”>Bitcoin ATM</a> QR code.
  • Depending on the settings you will either get cash out of the machine immediately (may be set for small amounts), or you will be given the redeem code and need to wait for bitcoin transaction confirmations (normally 1 confirmation is used, but depends on the machine and operator, e.g. wallet update of <a href=”https://www.firmen.ch/en/13616+Tallinn+Estonia/cryptodevelopers/139650/portrait.htm”>Bitcoin ATM</a> required customers to wait for 6 confirmations before they can get cash)

 

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