Sell bitcoins step by step
This is the main page
We select to Sell Bitcoins, the selling price is shown on the screen. The price is updated every X seconds (configured by the operator).
The quantity selector, it calculates the corresponding bitcoin price live.
The selected FIAT amount and its equivalent bitcoin price.
The freshly generated bitcoin address to make the payment to.
From the mobile device the QR is scanned. The QR already includes the price so the mobile user don’t has to write it.
The system detects that the transfer has been done and prints a “Redeem coupon”. If the transfer has not been done a coupon can be printed anyway and send the bitcoins later. The user is asked a PIN for safety (in the case that the coupon is recorded/lost).
The redeem coupon is printed
The seller click on “Redeem” button on the bottom right
The seller inserts the PIN
The blockchain is checked to find the necessary confirmations (default to 3 but configurable)
The transaction is confirmed and the ATM spawns the bank notes