How Do I Sell Bitcoin For Cash? You can exchange your bitcoin for cash at one of our two-way (sell) machines. Currently, we have two locations where you can trade your bitcoin for cash and they are located in Dearborn, MI and Detroit, MI. You may go to our sell locations page to see location addresses. To sell your bitcoin for cash, visit the ATM and follow the outlined steps below. For detailed steps, visit the “how to sell bitcoin” page. Select the cryptocurrency you want to sell Choose “Sell“ Agree to the terms & conditions on the screen Define the amount of transaction to sell (depending on the amount different verification procedures might apply, e.g. SMS verification, ID scan & Selfie. Enter phone number Type in a one-time passcode that was sent via text to you. Choose the amount you want to sell. ALWAYS choose an amount less than what you have because of backend fees. Take receipt The receipt will contain a wallet address whereto a particular amount of bitcoins to be sent. KEEP this receipt, you will redeem your cash with the same receipt. Send bitcoin by scanning the QR code. Open your mobile app where your bitcoin is stored and select SEND. Look for a QR code icon and/or SEND button and scan the QR code on the receipt. It should automatically fill out the amount and the destination. BE SURE you have enough funds and the amount matches exactly what is stated on the receipt. Redeem Cash at ATM You will receive a text message once your cash is ready. Select “Redeem ticket” on the ATM and scan the same QR code from receipt, you will be given cash immediately.