This guide is for clients who have made a deposit in a country where we do not have an active cashier network. This process is simply and involves using bitcoin as a means to transfer value to your AirTM account while minimizing costs and delays.
What is bitcoin?
Bitcoin (BTC) is a global currency with markets to buy and sell in nearly every country. It was created to be held electronically and is run as a decentralized and secure network. In this guide you will use bitcoin as a medium to exchange your local currency to a store of value that can be deposited into AirTM USD.
What is LocalBitcoins.com?
LocalBitcoins is a peer-to-peer bitcoin exchange, a marketplace where users can buy and sell bitcoins to and from each other.
Step 1: Create an account in localbitcoins.com
Enter your username, email and password:
Then, make sure to verify your phone number, email and ID because this will allow you to prove you're trustworthy:
Every user will get a digital wallet on which you can receive and send the bitcoins you buy, and also see your transaction history.
To see your LocalBitcoins wallet you only need to click on the 'wallet' option:
Once you finish your account verification you can start buying bitcoins.
Step 2: Purchasing bitcoins
Go to 'Buy bitcoins' to start the trade, then, enter your country and choose a payment method; the site will list Bitcoin traders available in your region:
You will then see a list of advertisements published by bitcoin sellers, choose one from a seller with a good reputation, score and a high amount of trades. Also, you can take a look of the seller’s profile by clicking the ‘Buy’ button to view more information and select the best option for you:
Since there’s a payment window to complete the trades, make sure to read the terms of trade that the seller specifies and the recommendations made by the platform. Once you’re sure to start the trade, type in the blue box how much you wish to buy and click the ‘Send trade request’ button to start buying:
* If you don't pay before the payment window is over, the trade will be automatically cancelled.
Next, the seller will reply to your request by sending the bank credentials of where to send funds to and once you have made the payment you must provide a screenshot of the confirmation. Once the trader has verified that your payment has been received your Bitcoin will be released.
Step 3: Fund your AirTM account
Now that you have Bitcoin available in your LocalBitcoins wallet, you must go to your AirTM Dashboard and copy the address where you send the Bitcoin you purchased.
Go to your LocalBitcoins wallet and paste the address, enter the amount of USD you want to send and finally click ‘continue’:
And that's all there is to it! Funds may take between 50 and 70 minutes to arrive to your AirTM USD balance.
Any questions? Don’t hesitate to reach out to our support team by emailing email@example.com o via the dashboard chat in the bottom right while logged in.