This is one of the most popular questions that we see from users of our Bitcoin ATM kiosks. Can I withdraw my Bitcoin into cash at a Bitcoin ATM? Can I sell Bitcoin at a Bitcoin ATM, or can I only buy Bitcoin? The simple answer is YES! You can withdraw cash from a Coinsource Bitcoin ATM and many other operators. It’s fast and easy.

How To Withdraw Money From Bitcoin To Cash App

Cash App is an excellent option for online betting deposits. The payment service allows you to deposit and withdraw from gambling sites right from your mobile device. Most casinos accept Cash App because of its Bitcoin exchange feature. If you want to pay with Bitcoin at an online casino, then you will find Cash App a ready service. The withdrawal process begins only after you exchange BTC to the local currency; Click ‘Sell Bitcoin Instantly’ and get money on your fist currency wallet; Withdraw money from your fiat currency wallet to your bank account. This peer-to-peer platform was founded in 2012 and its headquarters are located in Helsinki, Finland. Cash App is available on iOS and Android. The user experience in Cash App is silky smooth. You can tell it’s the product of a mature company that’s well versed in mobile UI/UX design. The bitcoin features provided by Cash App include buying, selling, and withdrawing to an address. They will even send a 1099-B form by February 15 of the. To withdraw your funds, sign in to your Coinbase Commerce account and click on the Withdraw button next to the relevant cryptocurrency in the Balances section. A window will pop up and ask how much you would like to withdraw, and where you would like these funds to go. At this time, Coinbase Commerce is a cryptocurrency-only service, meaning you can’t link your bank account directly to your Commerce.

In summary:

• Yes, you can convert your Bitcoin into cash at a Bitcoin ATM
• Not all Bitcoin ATMs have the ability to sell crypto
• To withdraw cash from a Bitcoin ATM, you must already have a wallet with Bitcoin in it, ready to be used.
• Coinsource offers one of the lowest rates in the U.S. to turn Bitcoin into cash using a Bitcoin ATM

How to Withdraw Cash from a Bitcoin ATM

1. Create an Account

To use a Coinsource Bitcoin ATM, you first need to have an account with us. It’s easy, free, and quick to enroll with your mobile device.

2. Find a Bitcoin ATM Near You to Withdraw Cash

Second, once you have created your Coinsource account (or other account), you will need to locate a 2-way (buy and sell capability) Coinsource Bitcoin ATM near you. Using a different operator? CoinATMRadar has a complete listing of Bitcoin ATMs with crypto selling capabilities.

3. Have Your Wallet Address Ready to Convert Your Bitcoin to Cash

Because you are withdrawing cash, you need to already own Bitcoin and have your transactions stored in a wallet. Have the wallet address where your Bitcoin is stored available and ready.

Remember, this is your private key. If you have multiple wallets and/or multiple keys, select the one you want to use in this transaction.

4. Withdraw Cash from the 2-Way Bitcoin ATM

When you are at the 2-way kiosk, log in to your account on the Bitcoin ATM, and select the “Withdraw Cash” option. If the Bitcoin ATM you are using does not have this option available on the screen, it most likely does not have crypto selling capabilities. Make sure the location you are using has the ability to sell Bitcoin. Enter the amount of cash you wish to withdraw and send Bitcoin to the wallet address QR code indicated.

Final Notes

Square Cash App Withdraw Bitcoin

Once the transaction is confirmed on the blockchain network, you can collect your cash. This typically happens in under 30 minutes and this wait time is outside of the operator’s control.

All Bitcoin operators charge a fee for using the Bitcoin ATM to buy or sell Bitcoin. However, Coinsource has one of the lowest fees of all the Bitcoin ATM operators in the United States. This means that you’ll take home the most cash possible from the Bitcoin you are withdrawing!

How To Send Bitcoin On Cash App

NOTE: Not all Coinsource machines support two-way operations yet, and some of our kiosks only allow you to purchase Bitcoin or send cash to someone’s wallet. Be sure to find a 2-way Coinsource kiosk if you want to convert your Bitcoin into cash. Sign up today with Coinsource to withdraw your Bitcoin to cash!

Related Posts

Bovada Bitcoin Withdrawal Cash App

• Buy Bitcoin with Cash at a Coinsource Bitcoin ATM

  Check out our quick video where MICA (our Mobile Interactive Coinsource Assistant) explains how to…

• Buy Bitcoin with Cash at a Coinsource Bitcoin ATM

  Check out our quick video where MICA (our Mobile Interactive Coinsource Assistant) explains how to…

• How to Send Cash to Someone Using a Bitcoin ATM

  Need to send cash to someone quickly, easily, and privately? A Bitcoin ATM may be…

• How Can I Spend Bitcoin?

  Now that you own Bitcoin, you may wonder what you can purchase or pay for…

• Buy Bitcoin with Cash at a Coinsource Bitcoin ATM

  Check out our quick video where MICA (our Mobile Interactive Coinsource Assistant) explains how to…