Guides

Bitcoin is a cryptocurrency invented in 2008 by name Satoshi Nakamoto and started in 2009 . One bitcoin has 100 million parts called satoshi’s, 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

Ledger start: 3 January 2009 (11 years ago)
Supply limit: ₿21,000,000
Initial release: 0.1.0 / 9 January 2009 (11 years ago)
Founder: Satoshi Nakamoto
Symbols: BTC, ฿, ₿
Mining Fee : $7.77 USD average
Average transfer Time: 10 minutes to 1 hour

About Ethereum

Ethereum is a decentralized open source blockchain platform,featuring smart contract functionality. Ether is the native cryptocurrency token of the Ethereum platform. Many crypto businesses, have launched on the Ethereum platform. By definition, Ethereum is a software platform that aims to act as a decentralized Internet as well as a decentralized app store.It is the second-largest cryptocurrency by market capitalization, behind Bitcoin.

Software used

EVM 1 Bytecode

Total users

91,994,515 (2020-03)

Initial release date

30 July 2015

Original author(s)

Developer(s)

Ethereum Foundation

Mining Fee

0.9461 usd
Average transfer Time: 15 seconds and 5 minutes

Why buy bitcoin using a CTM?

Well, if you compare the benefits of Crypto Trading Machines and online exchanges,
you will see,that CTM’s are fast, secure and private and you can touch and feel them.
Support is online via our email or chat forum. Our CTM’s are very easy to use and transact on and you control your private keys, as you load your holding onto a Hot or Cold wallet of your choosing. so no security risks, or key person risks as with online exchanges.

Why buy bitcoin using a CTM?

Well, if you compare the benefits of Crypto Trading Machines and online exchanges,
you will see,that CTM’s are fast, secure and private and you can touch and feel them.
Support is online via our email or chat forum. Our CTM’s are very easy to use and transact on and you control your private keys, as you load your holding onto a Hot or Cold wallet of your choosing. so no security risks, or key person risks as with online exchanges.

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.

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.

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:

Coinbase Wallet

(iOS & Android)

Bread Wallet

(iOS & Android)

Zengo Wallet

(iOS & Android)

Bitcoin ATM Purchases

 

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

Benefits of a Coinguide ATM Machine

For those of you who don’t trust online exchange platforms, because of the hacks, key person risks or simply bad reviews left by other user, a coinguide ATM is for you. Without entering your personal information into an exchange that is available to everyone, you only need to register yourself with the machine and deposit cash for the amount of bitcoin you want straight into your dedicated wallet.

 

  • One of the main benefits of coinguide ATM’s is for cash users, it easy, fast and secure when compared to using online exchanges. It gives you the comfort of extra security, knowing that you don’t have to conceal personal banking information or private details.
  • You will be able to buy or sell bitcoin within minutes, no more waiting for confirmation. This platform is truly the fastest for users buying or selling bitcoin and exchanging it for cash, is a wonderful way to lock in profits or use your crypto enjoy some daily benefits
  • These machines are highly user friendly, guiding you along the way with all the necessary steps for a successful purchase or sale; no more worrying about where to click and what not to click. With our bitcoin ATMs, convenience is key.

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.

Contact us or complete the online enquiry form if you need more information or if you just want to chat with some fellow crypto enthusiasts.