{"id":27,"date":"2021-01-12T18:14:28","date_gmt":"2021-01-12T18:14:28","guid":{"rendered":"https:\/\/blog.prestmit.io\/?p=27"},"modified":"2025-08-17T11:16:21","modified_gmt":"2025-08-17T11:16:21","slug":"how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit","status":"publish","type":"post","link":"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit","title":{"rendered":"How To Sell Bitcoins From Bitcoin ATM Machine"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69daa1322a301\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69daa1322a301\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#What_Does_It_Mean_to_Sell_Bitcoin_from_Bitcoin_ATMs\" >What Does It Mean to Sell Bitcoin from Bitcoin ATMs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#How_To_Sell_Bitcoin_On_Bitcoin_ATMs\" >How To Sell Bitcoin On Bitcoin ATMs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#Step_1_Visit_Bitcoin_ATM\" >Step 1: Visit Bitcoin ATM<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#Step_2_Verify_Your_Identity\" >Step 2: Verify Your Identity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#Step_3_Enter_The_Amount_To_Sell\" >Step 3: Enter The Amount To Sell<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#Step_4_Send_Bitcoin_To_The_Provided_Address\" >Step 4: Send Bitcoin To The Provided Address<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#Step_5_Withdraw_Your_Cash\" >Step 5: Withdraw Your Cash<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#How_To_Sell_Bitcoin_On_Prestmit\" >How To Sell Bitcoin On Prestmit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#Frequently_Asked_Questions_FAQs_About_Selling_Bitcoins_On_Bitcoin_ATMs\" >Frequently Asked Questions (FAQs) About Selling Bitcoins On Bitcoin ATMs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#Is_It_Safe_To_Sell_Bitcoin_On_Bitcoin_ATMs\" >Is It Safe To Sell Bitcoin On Bitcoin ATMs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#How_Much_Is_The_Trading_Fee_For_Selling_Bitcoin_On_ATMs\" >How Much Is The Trading Fee For Selling Bitcoin On ATMs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#Is_There_Any_Other_Better_Option_Than_Bitcoin_ATMs\" >Is There Any Other Better Option Than Bitcoin ATMs?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/prestmit.io\/blog\/how-to-sell-bitcoins-from-bitcoin-atm-machine-on-prestmit\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>Bitcoin continues to attract traders and investors into the crypto market due to its potential for a moonshot, as many experts and analysts have predicted. This crypto asset, trading at over $100,000 at the time of writing this article, is giving a positive outlook to sell for gains. But while there are different ways to sell your BTC, we will consider how to sell Bitcoins from <a href=\"https:\/\/prestmit.io\/blog\/what-are-bitcoin-atms-how-does-it-work\">Bitcoin ATMs<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Does_It_Mean_to_Sell_Bitcoin_from_Bitcoin_ATMs\"><\/span><span style=\"font-weight: 400;\">What Does It Mean to Sell Bitcoin from Bitcoin ATMs?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-12934 size-full lazyload\" data-src=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2021\/01\/BITCOIN.webp\" alt=\"Sell Bitcoins on Bitcoin ATMs\" width=\"728\" height=\"380\" data-srcset=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2021\/01\/BITCOIN.webp 728w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2021\/01\/BITCOIN-150x78.webp 150w\" data-sizes=\"(max-width: 728px) 100vw, 728px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 728px; --smush-placeholder-aspect-ratio: 728\/380;\" \/><\/p>\n<p><span style=\"font-weight: 400;\">It is a widespread belief that crypto trading is one of the <a href=\"https:\/\/prestmit.io\/blog\/10-best-ways-make-money-online-nigeria\">best ways to make money online<\/a>. This can be attributed to how fast crypto assets can increase over time. However, it would help if you did not forget that the value can also tank &#8211; which all characterizes the volatility of Bitcoin and the crypto market as a whole.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The installation of Bitcoin ATMs around the world continues to grow with the increasing adoption rates of <a href=\"https:\/\/prestmit.io\/blog\/bitcoin-101\">Bitcoin<\/a> and other crypto assets like <a href=\"https:\/\/prestmit.io\/blog\/ethereum-101\">Ethereum<\/a>, <a href=\"https:\/\/prestmit.io\/blog\/litecoin-101\">Litecoin<\/a>, <a href=\"https:\/\/prestmit.io\/blog\/dogecoin-101\">Dogecoin<\/a>, etc.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are over 35,000 Bitcoin ATM installations globally, and you can locate the ATM locations using CoinATMRadar, which you can use to locate crypto ATMs in the United States, the United Kingdom, and other countries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, you can locate\u00a0Bitcoin ATMs to buy and sell crypto assets &#8211; depending on what asset the machine supports.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Broadly speaking, selling Bitcoin at ATMs is beneficial for:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Sellers seeking an option to sell Bitcoin without exchange platforms.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Sellers looking for convenient and local sales.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Sellers seeking to exchange their crypto for cash quickly.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Sellers looking for secure options to sell their crypto assets.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_To_Sell_Bitcoin_On_Bitcoin_ATMs\"><\/span><span style=\"font-weight: 400;\">How To Sell Bitcoin On Bitcoin ATMs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Here are the quick steps to sell Bitcoin on the ATM:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_1_Visit_Bitcoin_ATM\"><\/span><span style=\"font-weight: 400;\">Step 1: Visit Bitcoin ATM<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You need to locate the Bitcoin ATM nearest to you to get started. As earlier mentioned in the article, you can use the CoinATMRadar to find Bitcoin ATMs in your country and your neighborhood.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_2_Verify_Your_Identity\"><\/span><span style=\"font-weight: 400;\">Step 2: Verify Your Identity<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You will need to complete a <a href=\"https:\/\/prestmit.io\/blog\/what-is-kyc-and-why-do-crypto-exchanges-require-it\">KYC (know your customer) procedure<\/a> on the ATM, just as you will do on other exchanges, to verify your identity. This process often depends on the local regulations existing in your country or region.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_3_Enter_The_Amount_To_Sell\"><\/span><span style=\"font-weight: 400;\">Step 3: Enter The Amount To Sell<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Upon the successful completion of the KYC, you can proceed to enter the amount of BTC that you want to sell. But you must know that a trading fee is attached to using a Bitcoin ATM to sell your BTC. This can range between 5 &#8211; 15% of the sale amount.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_4_Send_Bitcoin_To_The_Provided_Address\"><\/span><span style=\"font-weight: 400;\">Step 4: Send Bitcoin To The Provided Address<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The Bitcoin ATM will generate a wallet address for your transaction. You can scan the QR Code of the address and send your BTC there.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_5_Withdraw_Your_Cash\"><\/span><span style=\"font-weight: 400;\">Step 5: Withdraw Your Cash<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You can withdraw your cash once the Bitcoin ATM receives the BTC. This transaction often takes a few minutes to complete, so you need to be patient.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Alternatively, you can <a href=\"https:\/\/prestmit.io\/bitcoins\" target=\"_blank\" rel=\"noopener\">sell Bitcoin<\/a> through another method if there is no Bitcoin ATM closest to you or if you want a platform with a low trading fee. That is Prestmit!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Prestmit is a leading over-the-counter (OTC) digital trading platform on which you can trade your crypto assets easily and quick while ensuring the security of all transactions. Trusted by over 800,000 users, you can sell your Bitcoin on this platform without hassle, and it supports multiple payment options, such as cash and gift cards.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_To_Sell_Bitcoin_On_Prestmit\"><\/span><span style=\"font-weight: 400;\">How To Sell Bitcoin On Prestmit<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-10232 size-full lazyload\" data-src=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/09\/Blog-18-1.jpg\" alt=\"Sell Bitcoins on Bitcoin ATMs\" width=\"2400\" height=\"1260\" data-srcset=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/09\/Blog-18-1.jpg 2400w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/09\/Blog-18-1-1024x538.jpg 1024w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/09\/Blog-18-1-150x79.jpg 150w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/09\/Blog-18-1-768x403.jpg 768w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/09\/Blog-18-1-1536x806.jpg 1536w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/09\/Blog-18-1-2048x1075.jpg 2048w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/09\/Blog-18-1-1320x693.jpg 1320w\" data-sizes=\"(max-width: 2400px) 100vw, 2400px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 2400px; --smush-placeholder-aspect-ratio: 2400\/1260;\" \/><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"><a href=\"https:\/\/prestmit.io\/\" target=\"_blank\" rel=\"noopener\">Visit the official Prestmit website<\/a> or download the Prestmit app on the <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.prestmit\" target=\"_blank\" rel=\"noopener\">Google Play Store<\/a> or <a href=\"https:\/\/apps.apple.com\/ng\/app\/prestmit-gift-cards-coins\/id1581960714\" target=\"_blank\" rel=\"noopener\">Apple Store<\/a>.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Create a Prestmit account and log in.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Click \u201c<strong>Crypto<\/strong>\u201d and choose \u201c<strong>Sell Bitcoin<\/strong>.\u201d<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Generate BTC wallet address and download the QR code or copy the address to proceed with the trade.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Follow the prompts to complete your transaction.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">You will receive payment immediately after the successful confirmation of your transaction.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs_About_Selling_Bitcoins_On_Bitcoin_ATMs\"><\/span><span style=\"font-weight: 400;\">Frequently Asked Questions (FAQs) About Selling Bitcoins On Bitcoin ATMs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Is_It_Safe_To_Sell_Bitcoin_On_Bitcoin_ATMs\"><\/span><span style=\"font-weight: 400;\">Is It Safe To Sell Bitcoin On Bitcoin ATMs?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">It is considerably safe to sell BTC on Bitcoin ATMs. This often reduces the risk of trading on fraudulent platforms that can make you lose your funds.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_Much_Is_The_Trading_Fee_For_Selling_Bitcoin_On_ATMs\"><\/span><span style=\"font-weight: 400;\">How Much Is The Trading Fee For Selling Bitcoin On ATMs?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Bitcoin ATMs generally charge higher than other trading options, as the fees can be as high as 15%. This is one of the drawbacks of using ATMs to sell your crypto.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_There_Any_Other_Better_Option_Than_Bitcoin_ATMs\"><\/span><span style=\"font-weight: 400;\">Is There Any Other Better Option Than Bitcoin ATMs?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, you can use Prestmit as a better option over Bitcoin ATMs. Trading fees are relatively low, with no hidden fees or extra charges when you trade on Prestmit. Also, the platform employs sophisticated security features to prevent attacks like identity theft that could put your funds at risk.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><span style=\"font-weight: 400;\">Conclusion<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Bitcoin ATMs have simplified the process of selling Bitcoin in the quickest possible time. This has made them perfect for sellers seeking to sell without using exchanges.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But as the high trading fees of Bitcoin ATMs can be somehow discouraging, you may want to try another method. That is why Prestmit is available for you round the clock, to enable you to sell your Bitcoin at the best rates and smile to the bank.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin continues to attract traders and investors into the crypto market due to its potential for a moonshot, as many experts and analysts have predicted. This crypto asset, trading at over $100,000 at the time of writing this article, is giving a positive outlook to sell for gains. But while there are different ways to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12935,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1788],"tags":[2046,1917,2142],"class_list":["post-27","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-bitcoin-atms","tag-sell-bitcoin","tag-sell-bitcoins-on-bitcoin-atms"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How To Sell Bitcoins From Bitcoin ATM Machine - Prestmit<\/title>\n<meta name=\"description\" content=\"You can sell Bitcoins on Bitcoin ATMs with these simple steps if you don&#039;t want to use exchanges. 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