Today, I will be sharing with you guys one big question mostly asked by crypto users on the internet, because ever since the evolution of crypto, it has actually bridged a huge gap between two parties, as money can now be sent bypassing the middlemen who charge high. And people now tend to move money more freely and conveniently than ever before, as they enjoy the limitless opportunities the crypto Blockchain has to offer, but not until today when Bitcoin ATM came out, making the process a bit easier for users, as they can now buy, sell, transfer and even withdraw Bitcoin into Fiat currency just with the help of few clicks.
So, in this thread, I will be teaching you guys a step-by-step guide on how to locate a nearby Bitcoin ATM closest to you.
So, please pay very close attention as I carry you along on this journey 👍👍.
But before I begin there are a few key things we need to know so that nobody gets lost along the line, and they are:
1. What is a Bitcoin ATM?
2. How does a Bitcoin ATM works?
3. How to use a Bitcoin ATM?
4. How to locate a nearby Bitcoin ATM?
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FRNq6FXP%2Fimages-2022-04-13-T074055-827.jpg&t=665&c=u1qHEMByJHotEg)
WHAT IS A BITCOIN ATM?
This is an automated teller machine that enables you to buy, sell, transfer and withdraw your Bitcoin into Fiat currency. It works just like the traditional ATMs and can be found in Public places, Gas stations, & e.t.c.
HOW DOES A BITCOIN ATM WORK?
A Bitcoin ATM allows you to use cash to buy Bitcoin with the help of just a few clicks. It does not allow the use of a Debit card for the purchase and its fees varies from one operator to the other.
HOW TO USE A BITCOIN ATM?
There are a few steps that you need to take to enable you successfully use a Bitcoin ATM, and they are;
1. Locate a Bitcoin ATM:
This is the very first step you need to take because for you to be able to buy this Bitcoin, you need a location where you can purchase with your cash.
2. Create an account:
This is the second step because for you to be able to transact on a Bitcoin ATM, you need an account, which is your unique identity.
3. Get your Bitcoin wallet ready:
This is the third step because for you to be able to buy Bitcoin successfully, you need a wallet where your Bitcoin will be stored.
4. Enter your wallet address:
This is the fourth step, this is your unique address to which the Bitcoin will be sent.
5. Enter your cash:
This is the fifth step because for your transaction to go through successfully, you need to insert your physical Fiat currency which will be confirmed by the operator.
6. Take your receipt:
The last step is to take your receipt because it's the proof of your transaction
HOW TO LOCATE A BITCOIN ATM?
According to "coinatmradar dot com", which is a website that helps users locate the closest/nearby Bitcoin ATM where they can purchase with cash.
And as shown on the site, there are over 36,739 crypto ATMs all around the world, with a total of 289,938 other services (Operators). It also offers other services such as Bitcoin Cash ATM, Ethereum ATM, Dash, Litecoin ATM, e.t.c.
BUT NOTE;
There are 7 continents and 195 countries in the world, but don't be surprised that you may search the name of your country and won't find a single Bitcoin ATM, whereas there are other countries with over 100 to 100 Bitcoin ATMs. (Take note).
HERE IS AN EXAMPLE
I am a Nigerian, so I will be using Nigeria as a case study to teach you how to find a nearby Bitcoin ATM where I can purchase with cash.
STEP BY STEP GUIDE
Step 1: Go to the website coinatmradar.com
And that's how the site looks like in the image below 👇👇
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F6vPsvKp%2FIMG-20220412-WA0010.jpg&t=665&c=c3wzVtjqQ40IXQ)
Step 2: Type in the name of your country of residence, coin, the operation, whether you want to buy or sell, the location type (ATM) and click the search button. (As shown in the picture below 👇👇
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FsPns7Cv%2FIMG-20220412-WA0013.jpg&t=665&c=RBWVy8voNm8O5A)
Step 3; The number of Bitcoin ATMs in a country will be shown on the map, as you can see below 👇 there are only two Bitcoin ATMs in Nigeria and they are both located in Lagos (Ikeja and Lagos lagoon).
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F0cYwk5G%2FIMG-20220412-WA0014.jpg&t=665&c=EvPU7DFPjkeXKQ)
Step 4: Tap the number figure, and you will be shown the different locations. (See below )
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FG343rdy%2FIMG-20220412-WA0015.jpg&t=665&c=nfgFANSBweg6WQ)
Step 5: Tap on the location on the map and you will be shown details about the Bitcoin ATM as shown below 👇
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F6sWcBDR%2FIMG-20220412-WA0017.jpg&t=665&c=bnFxT1Y1ZFl1Fw)
Step 6: To get full details, tap on the summary about the Bitcoin ATM on the map, to access other details like the address, phone number, name of the operator, and charges, as shown below.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FLnfxHmC%2FIMG-20220412-WA0019.jpg&t=665&c=YjNtzXbtg5whGQ)
So, finally, that's all about locating a nearby Bitcoin ATM, And I hope by now you can locate a Bitcoin ATM all by yourself, and head over there to buy with cash.
Thank you
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F9g2zBhZ%2FPolish-20220413-075550830.png&t=665&c=uUaYVb422plbFw)
Thanks