Cryptocurrencies have revolutionized the financial landscape, offering individuals unprecedented control over their funds and investments. Among the myriad of tools available to crypto enthusiasts, the NFC (Near Field Communication) card stands out as a convenient and secure method for managing digital assets, as it is a compact and easy-to-make cold wallet. In this article, we delve into purchasing cryptocurrencies with an NFC card, outlining the steps from selecting your preferred digital currency to storing it securely on your card.
Previously, we explained the benefits of the crypto NFC card as a cold wallet and how to get it. Moving on to the applications of the card, we would like to tell you how to buy cryptocurrency with cash and store it on your NFC card.
1. Find a Kvakomat: Using our ATM map, locate the nearest Kvakomat.
2. Choose a Cryptocurrency: The first step in purchasing cryptocurrencies with an NFC card is selecting the digital asset you wish to acquire. Whether it is Bitcoin, Ethereum, or any other cryptocurrency supported by the Kvakomat, ensure you choose the one that aligns with your goals and preferences.
3. Initiating the Purchase: Once you have decided on the cryptocurrency, proceed to the purchase by pressing the «Buy» option on the ATM screen.
4. Answering Verification Questions: Following the prompt on the screen, choose «No» if you are not a politically significant person.
5. Agreeing to Terms and Conditions: Carefully read the terms and conditions on the ATM screen. Once you've reviewed and understood the terms, press the «Agree» button to proceed with the purchase.
6. Selecting Transaction Amount: Choose the transaction amount based on your preferences. You have the option to select an amount more or less than €990, depending on your desired transaction size.
7. If your transaction is above €990, you will need to complete verification.
See How to Confirm Your Identity on Transactions Above €990
8. Attaching the NFC Card to the Reader: Attach your NFC card to the reader on the ATM. Ensure proper alignment and contact between the card and the reader to facilitate a smooth transaction.
9. Depositing Cash: Deposit the desired amount of cash into the machine.
10. Confirming the Purchase: Press the «Buy» button on the ATM interface to confirm the purchase of the cryptocurrency. Once confirmed, the transaction will be processed, and the purchased cryptocurrency will be securely stored on your NFC card.
Purchasing cryptocurrencies with an NFC card offers a convenient and secure way to enter the digital asset market. By following the outlined steps, crypto enthusiasts can easily acquire cryptocurrencies and store them on their NFC cards for future use. Read our Blog to learn about other possibilities and be updated about the latest news!
FAQ
What is the advantage of purchasing cryptocurrencies with an NFC card?
Purchasing cryptocurrencies with an NFC card offers a convenient and secure method for managing digital assets. The NFC card acts as a cold wallet, allowing users to securely store their purchased cryptocurrencies for future use.
Can users select the desired cryptocurrency for purchase when using an NFC card?
Yes, users can choose the desired cryptocurrency for purchase when using an NFC card at a Kvakomat ATM. Whether it's Bitcoin, Ethereum, or any other supported cryptocurrency, users can select their preferred digital asset for purchase.
What steps are involved in the process of purchasing cryptocurrencies with an NFC card?
The process of purchasing cryptocurrencies with an NFC card involves several steps, including selecting a nearby Kvakomat, choosing the desired cryptocurrency, initiating the purchase, answering verification questions, agreeing to terms and conditions, attaching the NFC card to the reader, depositing cash, and confirming the purchase.