A Bitcoin address is a long identifier representing the person or destination that is looking to receive bitcoin (including yourself). Like a street address, the Bitcoin address tells the network where you want your bitcoin to go. Our ATMs need an address to know where to send the bitcoin you purchase.
Bitcoin addresses are generated by Bitcoin wallets and formatted in a particular way. Here are examples of the three currently valid types of Bitcoin addresses (i.e., beginning with 1, 3, or bc1). Do not use these yourself:
What do I need to purchase Bitcoin, Litecoin, or Ethereum from a Tao Bitcoin?
To purchase cryptocurrency at Tao Bitcoin you need:
1. Your own Wallet
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.