Depositing coins from a bitcoin ATM to my Paxful wallet

Sending bitcoins from an ATM to a Paxful Wallet is very simple.

Bitcoin ATMs are just like any regular ATMs in the sense that they both dispense currencies. The main difference between the two is that regular ATMs dispense fiat currencies such as USD or EUR, while bitcoin ATMs dispense bitcoin.

A bitcoin ATM can have different uses. Some can help you withdraw bitcoins, some can help you convert your bitcoins into fiat currencies, and there are some that do both.

Bitcoin ATMs don’t usually require much verification, allowing users to buy and sell bitcoins anonymously. Although this may sound appealing to some people, users should know that bitcoin ATMs charge a fee when you’re buying and selling bitcoin (usually between 7-10%).

If you’re looking to send bitcoins from a bitcoin ATM to your Paxful wallet, all you need to do is to write down or print your Paxful bitcoin address, head to the ATM, and input the address when you send the bitcoins. You also have the option of using the QR code instead of entering the address manually. See our guide for more detailed information.

Once you’ve sent the bitcoin, it may take some time to appear in your wallet. Here’s an article on how you can check the bitcoin transaction status.

 

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