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Author Topic: Bitcoin ATMs  (Read 3674 times)
Slark
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August 18, 2016, 10:34:01 PM
 #41

as i know, when was economic crisis in Greece, there were standing Bitcoin ATM
I only wonder who did provide the BTC atm when there was a high crisis in Greece.
If you want to know more about that Greek BTC then this Reddit thread can shed some light on it.
One cool feature - apparently this BTM has no KYC capabilities build it.

https://www.reddit.com/r/Bitcoin/comments/3ayjug/first_btm_bitcoin_atm_in_greecejust_in_time_for/
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August 18, 2016, 11:41:47 PM
 #42

In fact, I am not entirely sure. However, I believe that a city like Sydney should have a Bitcoin ATM somewhere if it is in Croatia.

It would be nice to have a Bitcoin ATM around. And a meagre 3% fee is pretty good. In fact, it is one of the best that I have heard about.

 Smiley
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August 18, 2016, 11:43:55 PM
 #43

We do have some around the area (United States). BitAccess from Canada makes great and reliable machines, and their customer service are top notch. The fees, depending on the company deploying the machines, can be high. 3% is quite good!
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August 18, 2016, 11:56:05 PM
 #44

I was actually surprised to find that there is actually Bitcoin ATM here in Philippines. lol. And I found it because of this thread.(I was curious so I googled it)  Grin  It's in Sunette Towers, Makati .

It says "only in minutes", does this mean that you have to verify yourself with your ID first, or don't you know that because you haven't tried it out yet?
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August 19, 2016, 12:21:37 AM
 #45

Thats good. Here in my country, bitcoin is not that popular so i can withdraw bitcoin in a money transfer center only. Hope i can see that also in my country and many company will accept bitcoin in the future. I cant believe there is such thing like bitcoin atm. This is a covinient way to withdraw your bitcoin to money.
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August 19, 2016, 02:42:36 PM
 #46

I was actually surprised to find that there is actually Bitcoin ATM here in Philippines. lol. And I found it because of this thread.(I was curious so I googled it)  Grin  It's in Sunette Towers, Makati .


its nice to see that there are such things though i have never seen something like that in my country

 
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neochiny
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August 19, 2016, 06:16:58 PM
 #47

I was actually surprised to find that there is actually Bitcoin ATM here in Philippines. lol. And I found it because of this thread.(I was curious so I googled it)  Grin  It's in Sunette Towers, Makati .

It says "only in minutes", does this mean that you have to verify yourself with your ID first, or don't you know that because you haven't tried it out yet?

Not your ID, rather, it has to be verified through your phone and Bitcoin Mobile App.
I haven't personally tried it yet, but according to the machine developer, the time varies:
   For Buying: Estimated Time : 3 - 10 minutes
        

   For Selling or Getting Cash from your Bitcoin Mobile App : Estimated Time : 5 - 30 minutes
        
        

     * It mainly depends on how long the confirmation takes from your Bitcoin Mobile App
     * Some needs two confirmations for the transaction to be validated and accepted by the machine

Here:  
Buying :  https://www.youtube.com/watch?v=19tVcU4rZrU
Selling :  https://www.youtube.com/watch?v=KCSgLZQGu1E

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jak3
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August 19, 2016, 06:24:19 PM
 #48

no any part of our country do not have any bitcoin atm tillnow but we have requested localbitcoin site for it but they said that our government are not permitting for it.stupid governments :/
Tacalt
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August 19, 2016, 06:37:19 PM
 #49

Because of the KYC involved with Bitcoin ATMs, personally I want nothing to do with them. I'd rather us Local Bitcoins.
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August 19, 2016, 06:38:25 PM
 #50

They are everywhere you can imagine now. Cheesy
I think there is even one in the bath room somewhere in Europe.
Their is some freaky sh1t going on there all the time.  Undecided

streazight
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August 19, 2016, 07:42:20 PM
 #51

Does your country or city have a Bitcoin ATM?
The answer is no, we don’t have even a single bitcoin ATM in my city although it is the biggest city and the largest financial centre in my country. We only have some small coffee shops that accept bitcoin as payment in the foreigners area and honestly, I’ve never tried those shops as well as the bitcoin ATMs so I’m so curious about how bitcoin ATMs work and I really want to experience these extraordinary machines at least once in my life.
The Sceptical Chymist
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August 19, 2016, 09:15:05 PM
 #52

Croatia, eh?  That's great, it's nice to hear there's bitcoin action across the world.  I'm in the US and I have yet to see anything like a bitcoin ATM.  I don't exactly live in a hick town in a hick state either.  Sometimes I think the hicks use bitcoin more so than the urban stylers like myself. 

I still don't think they're necessary, though.  You can buy bitcoin just as fast and with lower fees right on your cell phone through Circle or any of the other exchanges.

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August 19, 2016, 09:19:31 PM
 #53

Wow, 3% fee is really low. $200 has $6 in fees only! Awesome to know. I thought all ATMs got high fees Cheesy

I don't have any ATM nearby. I have to drive over 8 hours to get to one ATM which is too much. I will plan visiting one this winter though Cheesy
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August 19, 2016, 09:19:53 PM
 #54

Hey guys. Just a conversation here Tongue

Does your country or city have a Bitcoin ATM?

In Croatia (where I am) we have only one Bitcoin ATM in Zagreb. It's in Tkalčićevoj 68, Zagreb if anyone wants to sell/buy some Bitcoin there.

http://crobitcoin.com/wp-content/uploads/2014/09/batm.jpg

When you buy, there's only a 3% fee! That's pretty great to be honest because usually, on forums, the fees are 10-20%.

So do you have a local Bitcoin ATM?
My country doesn't have a bitcoin atm only exchangers
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August 19, 2016, 09:24:20 PM
 #55

Here in my country still there is no ATM for bitcoin but we have a company here that we can exchange money to bitcoin associated with banks.. we can easily withdraw and deposit in there company.. I heard singapore too has ATM for bitcoin i just heard in news before last year..

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August 19, 2016, 10:31:52 PM
 #56

no any part of our country do not have any bitcoin atm tillnow but we have requested localbitcoin site for it but they said that our government are not permitting for it.stupid governments :/
That's like it's just there any bitcoin atm in my country and it's so far, but maybe for the substitution of bitcoin atm, we can use bitcoin debit card the fees is very high and very very not worthed for using it in my country. bitcoins need a lot of bitcoin atm is available in every part of the country. Roll Eyes

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August 19, 2016, 10:47:16 PM
 #57

I was actually surprised to find that there is actually Bitcoin ATM here in Philippines. lol. And I found it because of this thread.(I was curious so I googled it)  Grin  It's in Sunette Towers, Makati .


What i surprise to that there is a bitcoin atm here in our country philippines.. I thought that next year they will release those atm.
I am happy to here that but the problem its too far in my place it takes a long time before i can withdraw there or deposit.

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August 19, 2016, 10:57:28 PM
 #58

I was actually surprised to find that there is actually Bitcoin ATM here in Philippines. lol. And I found it because of this thread.(I was curious so I googled it)  Grin  It's in Sunette Towers, Makati .



I also see that in an article that Philippines have an ATM for BTC however I can't use it, it is so far away in my city, however yes it will increase the transaction here if I ever find that one I will try it and see for myself how it is wonderful.
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August 21, 2016, 06:42:57 PM
Last edit: August 23, 2016, 08:10:28 PM by Fragbait
 #59

We do have some around the area (United States). BitAccess from Canada makes great and reliable machines, and their customer service are top notch. The fees, depending on the company deploying the machines, can be high. 3% is quite good!

Yep there are a few where I live and the fees are 10%. But the one who asks is not the stupid one... until competition arrives.

I haven't bought or sold myself and won't with that kind of markup.
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August 21, 2016, 06:58:56 PM
 #60

We do have some around the area (United States). BitAccess from Canada makes great and reliable machines, and their customer service are top notch. The fees, depending on the company deploying the machines, can be high. 3% is quite good!

Yep there are a few where I live and the fees are 10%. But the one who asks is not the stupid one... until competition arrives.

Yeah but a low initial volume can force them to have high fees, later they will lower their fees not because of competition but because there will be a high number of txs and they will get more money even with a lower fee.
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