I know I can purchase bitcoins at a bitcoin ATM, but what do I do after I have the printed out receipt with the QR code on it?
I'm stumped here folks so any insight would be greatly appreciated.
I'm stumped here folks so any insight would be greatly appreciated.
Sweep the private key from the receipt into a wallet (like Electrum). Then send BTC as needed.
Some ATMs require you to set up a wallet before buying. In that case, you scan the QR code of your wallet at the ATM and the coins are deposited directly into your wallet.
I'm not trying to be difficult here, just trying to figure out if I can simply use a bitcoin ATM to send funds to someone without the hassle of linking my bank account.
Sure you can. You'll pay a hefty premium -- usually upwards of 8% -- but you can do it with cash.
Thank you kindly brother, most helpful
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
I think I got the jist of it now so next step is to look up my local bitcoin ATM's and see what's best suited for my needs. The extra ATM charge ain't no worry as I won't be doing this very often and for the peace of mind and extra $20-$30 is not a concern to me.
I know of people who use this bitcoin all the time and all I hear from them is how ridiculous the fees are when it comes to exchanging or transferring, like being charged a fee of $50 just to send $270 or what have you. I don't fully understand everything, but I'd rather skip all the hassle and just use an ATM and be done with it lol.
Again that you....... and btw your username has me curious, you lift the iron bro or you living rent free in disheveled buildings lol?