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How to Use a Bitcoin ATM to Buy or Send Bitcoin (More than $1000) - Step by Step GuideA: The initial investment can range from $10, to $50, per machine, including purchase, installation, and operational expenses, depending on the type of. ?A: To use a Bitcoin ATM, first ensure you have a digital Bitcoin wallet. At the ATM, select the type of cryptocurrency you wish to purchase, scan the barcode. How to use a Bitcoin ATM � Step 1: Insert your phone number � Step 2: Verify your identity � Step 3: Scan your wallet QR code � Step 4: Insert your fiat currency.