THE ABC-FAQ for COPENCOIN.COM BITCOIN ATMS:
BUY & SELL BITCOIN FOR DKK, SEK, €EURO
A = APP (App Download, Install, Bitcoin.org Wallet Recommendations here).
B = BUY BITCOIN (Danish, Swedish Kroner and €Euros) – details below.
C = CASH OUT (Danish Kroner only) Avoid confirmation delays! Remote Sell Available on Bitaccess machines – Dubliner Downtown and AHAAA!) – details below.
A = APP
A Bitcoin Wallet APP or program for your phone or computer is needed to generate a Bitcoin receiving address.
You will show it to the scanner to receive Bitcoins when you buy. To sell, you will need a mobile phone or tablet at the machines to scan and send your Bitcoins to the machine. The receiving address from your APP or wallet must be shown as a QR code format. The QR code is a black and white square image paper that you will show to the Bitcoin ATM scanners when asked. In this way, the Bitcoin ATM will know where to send you Bitcoins.
The QR code can be from your Bitcoin Wallet APP or program on your phone OR an screenshot or picture of your wallet from home, or even a printed paper paper wallet backup). For Phone apps, we like Myceilium for Android, Breadwallet for iPhone or the Bitcoin Original wallet from Schildback.
B = BITCOIN
The Shamrock Inn accepts DKK, SEK, €EUROS. Both Dubliner Downtown & Ahaaa! accept DKK & €EUROS). (The Dubliner on walking street – Strøget – accepts Buy only for DKK danish kroner.)
C = CASH OUT
All 2-way machines pay out in DKK. (The Shamrock Inn – Payouts currently only 500 DKK notes).
Bitaccess devices payout in mixed DKK bills. Try using the Bitaccess REMOTE SELL APP to avoid potential confirmation delays! Simply enter the confirmation code at the machine when you arrive for your cash out.
BITCOIN SECURITY NOTICE! BE BITCOIN SECURITY AWARE!
With great power comes great responsibility! Be responsible for your Bitcoins and their security. Treat them like you would treat your cash. You are your own Bank in a sense. Good Bitcoin practices will keep your Bitcoins safe and private.
Always backup your private keys and backup phrases, preferably in multiple ways and secured safely.
Never share or expose your private keys or backup phrase at risk of having your coins taken.
Physically keep your phone secure. Secure your phone app with the security measures available (Pin, Touch)
In this way, you can feel confident that you are following protocols to prevent loss or theft. should you break, lose your phone or computer, you can reimport your private keys and reload your Bitcoins with the secret backup phrase.
BITCOIN BOOT CAMP: LEARN HOW TO BE BITCOIN SECURE:
Join us at Bitcoin Boot Camp! Check out events page!