I Don’t have a wallet, where do I get one?
WHICH WALLETS DO YOU SUGGEST ?
There are many cryptocurrency wallets available, here are 3 we recommend:
Bitcoin is a cryptocurrency invented in 2008 by Satoshi Nakamoto and started trading in 2009 . One bitcoin has 100 million parts called satoshi’s,( sats) which are like cents in $1 dollar. Bitcoin refers to the blockchain and bitcoin refers to the coin, which is really a store of value asset akin to gold. Coiners like to think of bitcoin as ‘Digital Gold’ because it’s very scars and has some these amazing features
Decentralised
Pseudo
Anonymous
Non Repudiable
Fast
Disintermediation
Controlled by you
Is owned and controlled by you, not a company or government
About BitCoin
Average transfer Time: 15 seconds and 5 minutes
HOW CAN I VERIFY MY PURCHASE
You can verify the transaction by going to a blockchain explorer like
https://www.blockchain.com/explorer
and copying+pasting your address in. If you do not see you transaction in your wallet, try restarting your wallet application. DO NOT delete and reinstall the application unless you have backed it up by writing down the list of recovery phrases.
Learn how to Purchase using Bitcoin via a coinguide ATM
With the ever-increasing popularity and greater institutional adoption of bitcoin amongst investors and merchants, there are still stores that don’t accept bitcoin for products or services. There’s nothing wrong with this, but if you forget your wallet at home with your debit or credit card, you won’t be able to pay or purchase anything. This is where bitcoin and crypto is different. By just using your phone to store your bitcoin or Ethereum, leaving your cards or cash at home is no longer a problem. By using bitcoin via some wallets and debit cards, you can convert your bitcoin into Australian dollars or use the debit card features or your wallets payment features to buy any goods or services without having to worry about your credit or debit cards or cash.
Swipe your wallet on a terminal or where crypto is accepted scan your wallet QR code for Bitcoin
Tips Regarding Crypto ATM Machines
Bitcoin ATM’s accept cash for crypto, making it safe, easier and faster to buy bitcoin or ethereum. Most online exchanges provide an ‘exchange wallet’ where you technically do not own your crypto. With coinguide Bitcoin ATMs you can use any wallet ; hot or cold; to purchase and hold your bitcoins or Ethereum and the best part is you can be safe in the knowledge that you own and control your coins.
- Many crypto ATMs will only allow you to buy, but some don’t let you sell.
- Our ATMs use the internet to forward the bitcoin you buy from us from our machine wallet to your wallet, but the other part of the process remain offline, with our servers synching with our machines 3 -5 times a week for security purposes and to protect your privacy.
- Our machines are bitcoin to cash ATMs, which means precisely what is said; we give you cash when you sell us your bitcoin. You can sell us Ethereum or bitcoin and we can give you cash in return for selling us your bitcoin or ethereum
Tips Regarding Crypto ATM Machines
Bitcoin ATM’s accept cash for crypto, making it safe, easier and faster to buy bitcoin or ethereum. Most online exchanges provide an ‘exchange wallet’ where you technically do not own your crypto. With coinguide Bitcoin ATMs you can use any wallet ; hot or cold; to purchase and hold your bitcoins or Ethereum and the best part is you can be safe in the knowledge that you own and control your coins.
- Many crypto ATMs will only allow you to buy, but some don’t let you sell.
- Our ATMs use the internet to forward the bitcoin you buy from us from our machine wallet to your wallet, but the other part of the process remain offline, with our servers synching with our machines 3 -5 times a week for security purposes and to protect your privacy.
- Our machines are bitcoin to cash ATMs, which means precisely what is said; we give you cash when you sell us your bitcoin. You can sell us Ethereum or bitcoin and we can give you cash in return for selling us your bitcoin or ethereum
About Coinguide BTM Machines Sydney
We are passionate about crypto and understand the users’ needs and also the importance of crypto for the future. Hence, we believe in educating those who don’t fully understand the world of crypto and also making it accessible to everyone.
Complete the online enquiry form if you need more information or if you just want to chat with some fellow crypto enthusiasts.