Blockchain And Cryptocurrency Provider

New two-way Bitcoin ATM in Cork

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We’re excited to announce the opening of the first two-way Bitcoin ATM in Ireland. You can now buy as well as sell Bitcoins for cash using the Boinnex Bitcoin ATM in Cork.

The process of buying bitcoins at this machine is quite similar to our previous machine at this location. The machine has some nice additional features such as NFC card compatibility and paper wallet printing.

To to sell bitcoins at this Bitcoin ATM you follow the following process:

  • Choose “Sell bitcoins” option in the menu
  • Define amount of transaction to sell (depending on the amount you will need to verify your identity).
  • Then a receipt will be printed, which will contain a bitcoin address and instructions to send. The same QR code also has a redeem code, which will be used later for getting cash from the bitcoin ATM.
  • After sending bitcoins to the given address you will need to wait for network confirmation ( it may take 15-20 mins). You’ll receive a text confirming when you can redeem your cash. 
  • Use the machine again and choose “Redeem ticket” option to start and scan the same QR code from receipt
  • You will be given cash immediately and a receipt of the transaction 
 
Check out our locations on coinatmradar. If you need any more info, reach out to us.
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Bryan

Bryan

Based in Ireland, Bryan is the founder and CEO of Boinnex. He has worked for almost a decade as an IT Project Manager contracting across finance, banking, insurance, tech, and healthcare industries. He found his way into the crypto space in 2017 when he started a contract role with IOHK — the dev company behind the Cardano blockchain. Since then, he has continued to be actively involved in different projects in the crypto and blockchain space. He enjoys learning, writing, and sharing knowledge about all things crypto.

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