How does the bitcoin ATM work?

The selling process is written below, together with frequently asked questions.

We have different types of ATMs at a variety of locations. First find the ATM location that you are interested in and then read the process of selling bitcoin at our BTMs. 

Barcraft - Nyugati , Barcraft - Buda  and Budawest Irodaház

The ATM currently works in multiple languages (e.g. Hungarian, English, French, Spanish or German), which you can set on the home screen. Next, you can indicate whether you would like to buy or sell bitcoin. The selling process is written below. 

Selling bitcoin for less than 60.000 HUF / 200 EUR

(1. Choose your language)

1. Choose “SELL BITCOIN” 
2. Choose limit: less than 60.000 HUF / 200 EUR 
3. Give the desired amount in HUF (note that you can sell minimum 20 000 HUF worth of bitcoin)
4. Click "SELL BITCOIN"
5. Do you want to receive a text message when the transaction gets confirmed? Choose "YES" or "NO". 
   1. If "YES", give your phone number
6. Take the printed voucher and DO NOT LOSE IT!!! (In case you lose it, you lost your bitcoins too.)
7. Scan the QR code on the printed voucher with the camera of your mobile wallet and send the bitcoins to the address with high miner fee. (Find more info here.)
8. Wait until the transaction gets confirmed. (Check it on your wallet or wait for the notification text message in case you gave your phone number at step 5)
9. Once the transaction gets confirmed go back to the ATM and choose "REDEEM VOUCHER"
10. Hold your voucher's QR code up to the ATM’s scanner (this is the transparent window in the lower right corner).
11. Collect your cash. The opening of the banknotes dispenser can be found on the machine at knee-height.

More info here.

Selling Bitcoin between 60.000 and 300.000 HUF

(1. Choose your language)

1. Choose “SELL BITCOIN”
2. Choose limit: between 60.000 and 300.000 HUF
3. Give the desired amount in HUF
4. Privacy information will appear on the screen, click "I agree". 
5. Give your phone number
6. Enter the code you received via text message
7. Click "SELL BITCOIN"
8. Do you want to receive a text message when the transaction gets confirmed? Choose "YES" or "NO". 
   1. If "YES", give your phone number
9. Take the printed voucher and DO NOT LOSE IT!!! (In case you lose it, you lost your bitcoins too.)
10. Scan the QR code on the printed voucher with the camera of your mobile wallet and send the bitcoins to the address with high miner fee. (Find more info here.)
11. Wait until the transaction gets confirmed. (Check it on your wallet or wait for the notification text message in case you gave your phone number at step 5)
12. Once the transaction gets confirmed go back to the ATM and choose "REDEEM VOUCHER"
13. Hold your voucher's QR code up to the ATM’s scanner (this is the transparent window in the lower right corner).
14. Collect your cash. The opening of the banknotes dispenser can be found on the machine at knee-height.

More info here.

Selling Bitcoin for more than 300.000 HUF 

(1. Choose your language)

1. Choose “SELL BITCOIN”
2. Choose limit: bmore than 300.000 HUF
3. Give the desired amount in HUF
4. Have you registered? Choose "Yes" or "No". 
   1. If yes, give your phone number and the process is the same as from the 5th point of the previous guide
   2. If no, privacy information will appear on the screen, click "I agree".
      1. Give your phone number 
      2. Enter the code you received via text message
      3. Hold your ID card up to the ATM’s scanner, this is the transparent window in the lower right corner. Hold it there without moving for 5 seconds (it's better if the card phisically touches the window), so that the machine can scan your ID card. 
      4. A new screen will appear asking if all text is clearly visible on the photo. Choose "Yes" or "No"
         1. If "No", repeat scanning
         2. If "Yes", make a selfie
            1. A new screen will appear asking if you accept it or not. If the picture is blurred take a new photo and click "OK".
            2. Wait for the support's response to your verification request via text message. If the verification is accepted, go back to the ATM and choose to buy bitcoin for more than 300.000 HUF. This time it will only ask for your registered phone number and the process is the same as from the 5th point of the previous guide. If your verification is not accepted, repeat the process. 

More info here.

Doblo Wine Bar

The ATM currently works in two languages (Hungarian and English), which you can set on the home screen. Next, you can indicate whether you would like to buy or sell bitcoin. 

Selling Bitcoin

(1. Choose your language)

1. Choose “I WANT CASH” and give the desired amount in HUF (note that you can sell minimum 10,000 and there is no maximum)*
2. Enter your phone number**
3. Type the 6-digit code you received via text message into the ATM
4. Scan the displayed QR code with your mobile wallet’s camera (Click “Scan QR code” or tap the camera icon)
5. Set your transaction fees to a higher rate (‘High priority miner fee’)***
6. Send your bitcoins to the given bitcoin address
7. The bitcoin network is reviewing and recording your transaction, this may take a few minutes, or in the case of heavy network traffic, even a few hours (you can speed this up by raising the transaction fee, see below)
8. Wait for a text message to arrive (you will receive it right after the first confirmation)
9. When you have received an SMS with the message, “Your cash is waiting for you.” Go to the ATM and select the “REDEEM” option.
10. Enter your phone number
11. Type the 6-digit code you received via text message into the ATM
12. Collect your cash. The opening of the banknotes dispenser can be found on the machine at knee-height.****
    
    
    * You can sell minimum 10,000 HUF worth of bitcoin and there is no maximum amount. 
    
    ** The ATM accepts all phone numbers regardless of country code, but unfortunately some mobile service providers don’t accept text messages from our ATM (for example, as far as we know Tesco Mobile does not support text messages from us), or in some cases the text is not received due to a temporary error. If you don’t receive the text, please step out of the restaurant for a minute or two, to where there is better coverage to increase your possibility of receiving the message.
    
    ***When you sell bitcoin at the ATM, you can pick up your cash after the first confirmation. The speed of this exchange doesn’t depend on us. The sales process usually takes 10-40 minutes, after which you will receive a text message with instructions to pick up your cash.
    You can speed up the transaction time by raising the transaction fee before you confirm the sale. This is another reason we recommend using the Copay (for iOS, Android, and Windows phones) or Mycelium (for Android) wallet. These give you the option to raise the transaction fee, so that the bitcoins arrive more quickly to the given address (you can find more information about this here).
    
    ****We ask that in all cases, you check to see if the ATM has released any cash. Even if the ATM shows an error message, it may release the entire amount, or part of it. If our database confirms that the amount was released but you did not collect the amount, we are not able to reimburse you!

Should you have any questions, feel free to contact us. 
More info here.