Press "Enter" to skip to content

How to buy Bitcoins with Satoshi1 ATM


In this post, we will look at how to buy Bitcoins with Satoshi1 ATM. Genesis Coin Inc has 3 ranges of Bitcoin teller machines. They are Genesis1, Satoshi1 and Satoshi2.

Satoshi1 is a one-way ATM model from Genesis Coin producer. Which means you can only buy bitcoins from this machine for a cash deposit. Satoshi2 however, looks similar, but it has an additional feature which is a dispenser slot and allows both buy and sell Bitcoin transactions. Buying bitcoins from both machines follow the same procedure.

How to buy bitcoins with Satoshi1 atm:

buy Bitcoins with Satoshi1 ATM

If you would rather prefer to buy bitcoins from Genesis1 atm, you can check out the process here.

How to buy bitcoins with Satoshi1 atm:

  • Choose “buy Bitcoin” from the menu
  • Choose the amount of bitcoin you want to buy
  • Enter your phone number using the ATM pin pad
  • You will receive an SMS code
  • Enter the received code
  • To provide an address, you can either choose QR code if you already have a wallet (recommended) or you can generate and print an address by the machine, or just input your address manually.
  • Scan QR code of your address, and input cash bills into machine
  • Click the “Finish” button when you are ready, and Bitcoins will be sent to you immediately

Video tutorial on how to use the Satoshi1 atm to buy bitcoins

Here you have it, how to buy bitcoins with Satoshi1 atm.

Have you used the Satoshi1 atm before? Let us know about your experience in the comment box below.