By Johnnie Viramontes 
A bitcoin ATM, or crypto machine, is a convenient way to exchange bitcoins and other digital coins for cash. In this article, we’ll tell you how to use a bitcoin ATM to withdraw money. Here’s everything you need to know, from fees and maximum withdrawal amounts, to the legality of the process.
How to withdraw money anonymously from a bitcoin ATM (cryptomat)
In this guide, we use Bitomat bitcoin ATMs (formerly Shitcoins. club) to demonstrate the process of withdrawing BTC. Bitomat has more than 260 terminals in different countries. In addition, according to the Coin ATM Radar service, Bitomat ATM fees are among the lowest.
Bitomat crypto-machines are characterized by a higher degree of confidentiality, compared to their analogues. They require minimum verification (KYC) for certain transaction limits in accordance with local laws. This means there are no KYC requirements in countries where it is allowed.
If you want to test a crypto machine by withdrawing a small amount, such as 20 euros, before a large transaction, it is recommended to choose an asset other than bitcoin or ETH. These coins have high commissions, and the speed of transaction confirmation is low. For the test, it is better to use such coins as USDT on trc20, LTC, DASH, TRX.
- Find a bitcoin ATM and click “Sell Cryptocurrency”.
- Take the printed receipt and scan the QR code in your crypto wallet.
- Wait for confirmation. When the transaction is reflected in the blockchain, scan the barcode on the receipt.
- Collect the money and the receipt.
- The receipt will come in handy in case you need to contact customer support.
- On the service’s website, you can also sell cryptocurrency. To do this, follow the instructions on the website and take your receipt to the nearest Bitomat cryptomat.