Home » How to sell bitcoins for cash at a Tao Bitcoin ATM

How to sell bitcoins for cash at a Tao Bitcoin ATM

Step 1: Tap the Withdraw Cash button on the home screen.

Step 2: Select your currency type and choose the amount of cash you would like to receive.

Step 3: Using your mobile bitcoin wallet, scan the QR code on the machine to send the exact amount of bitcoins required for your transaction (make sure you send your bitcoins with a high network fee to reduce wait times).

Step 4: Receive a receipt with a redemption code (this will happen even if you sent no coins to the ATM).

Step 5: You will need to wait for your transaction to confirm on the blockchain. The time this takes depends on the fee you paid to send your transaction. Choose a higher fee for faster confirmation. Once confirmed you will receive a text message letting you know that your cash is ready for pickup.

Step 6: Go back to the machine, touch “Redeem”, and use you redemption code to get cash.

To sell cryptocurrency you need:

1. Your own Wallet
2. Cash
3. Your phone number

Depending on the amount of Bitcoin you are purchasing you may be required to scan or send a photo of your ID. 

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