“Olliv Bitcoin ATM” refers to a type of automated teller machine (ATM) specifically designed for buying and selling Bitcoin, a digital cryptocurrency. Olliv is likely the name of the company or brand that manufactures or operates these Bitcoin ATMs. The term “ATM” is commonly associated with traditional cash-dispensing machines found in banks, but a Bitcoin ATM allows users to exchange cash or credit/debit cards for Bitcoin, or vice versa. These ATMs provide a convenient way for individuals to purchase or sell Bitcoin using physical currency without the need for a centralized exchange or online platform.
- Tap screen to start.
2. Select BTC to buy Bitcoin.
3. Select “Buy” in this screen.
4. Accept the ATM’s terms of service, tap agree to continue with your purchase.
5. Select the amount by tapping on the screen.
6. Enter your phone number for authorisation.
7. Enter the 5 digit one time passcode you received on your phone number and press continue.
8. Read the required disclosure.
9. Connect to your crypto wallet by scanning the QR code from your wallet by holding your phone’s screen over the top left corner of the ATM.
10. After scanning is complete deposit cash to complete your purchase.
11. Bitcoin purchase is completed press “Done”
Below is a video that comprehensively demonstrates the step-by-step process of buying Bitcoin at an Olliv ATM.
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