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Author Topic: Bitcoin ATM  (Read 6534 times)
Hazir
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September 03, 2016, 07:40:44 AM
 #41

With current KYC policies and usually really high additional fee most of BTM has I would rather use standard bitcoin exchange than seek BTM.
They either need to make them easier to use or it will be dead end of bitcoin evolution. BTMs are currently more like more exotic billboards...


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September 03, 2016, 08:31:09 AM
 #42

With current KYC policies and usually really high additional fee most of BTM has I would rather use standard bitcoin exchange than seek BTM.
They either need to make them easier to use or it will be dead end of bitcoin evolution. BTMs are currently more like more exotic billboards...
more exotic billboards are still billboard and it is a good and constant reminder that bitcoin exists. we could use some more advertisement.
but i also see the problem with unusable bitcoin atms. maybe a limit of $50 per day and customer but without a high fee and KYC would be a good way to start it. it would be not much money but to play around and lean it would be enough. 

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September 03, 2016, 08:53:25 AM
 #43

One for sure, I tried looking these up in google maps and multiple other sides and couldn't find except one located in a high-density area, Went there just to try it and it was fun although the fees where a little bit high IMO, Would be better if it could exchange BTC to USD as well...
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September 03, 2016, 09:02:00 AM
 #44

We got 2 in Athens! yes we do need more! one in thessaloniki for sure and one in Heraklion(crete)! I think those are the hot spots in Greece that need an atm of btc!
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September 03, 2016, 05:04:06 PM
 #45

There are few around here, one being in the same site I live in, went there once and it was fun seeing a real-physical bitcoin ATM.. The good thing is that allot of new BTC ATM operators are no coming in and covering more areas with it, Definitely positive for bitcoin adoption.
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September 07, 2016, 02:26:33 PM
 #46

From what I know where I am from they do not have any Bitcoin ATM´s, why they do not exist where I am from is something I do not know.
Maybe that they will build some here in the future but to me it does not matter much.
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September 07, 2016, 02:37:30 PM
 #47

Some great news guys!
Deloitte, a multinational professional services, unveiled it's first Bitcoin ATM in Toronta, Canada.
The machine looks pretty nice by the way. Smiley

http://themerkle.com/deloitte-unveils-bitcoin-atm-in-their-toronto-office/

Quote
The Bitcoin world received a rather exciting surprise a few hours ago. As it turns out, the Deloitte office in Toronto now has its very own Bitcoin ATM. Albeit the company has been an active advocate of blockchain technology, their [public] involvement in Bitcoin has been minimal to non-existent so far.

Despite all of that, the Bitcoin ATM in questions is “powered by Deloitte”. For now, it is anybody’s guess as to what this means exactly, but it is possible the company issued their own user interface for this BitAccess device. Speaking of which, this is great publicity for BitAccess, as they compete against ATM manufacturers for market share right now.

For now, it is anybody’s guess as to what this means for Bitcoin in general. In a way, this is a clear vote of confidence for the future of this cryptocurrency. At the same time, it raises a lot of questions regarding Deloitte’s plans with Bitcoin in the future. Perhaps this ATM is just a promotional stunt, or it could mean bigger things that remain shrouded in mystery for now.

Having such a machine located at the Deloitte offices in Toronto is a big step for Bitcoin in general. For now, it remains unknown as to whether or not users can both buy or sell cryptocurrency through this device. An interesting development that may spur a new wave of interest in cryptocurrency.





Senor.Bla
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September 07, 2016, 03:41:07 PM
 #48

WOW Deloitte is quite a big name and they usually know what they are doing, so this is good news indeed.
do we know more about the ATM? Fees, Max amount, KYC?

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September 07, 2016, 03:52:00 PM
 #49

Never seen any bitcoin ATM around my country and also haven't heard about exsitence of any. I have used local bank visa ATM machine to withdraw my bitcoin through bitcoin debit cards but paid like 10% in fees to do so, which included low exchange rate, foreign currency exchange fee, atm service charge and withdraw charge from card. I think bitcoin ATMs have cheaper fee than using traditional ATM machines.

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September 07, 2016, 03:53:02 PM
 #50

Hello guys  Grin
How many bitcoin ATMs do you
have in your country?
Here in Portugal there's only one
in Lisbon!
Do you think there should be more in
your country or are sufficient?

Hiii there. for now i don't use bitcoin atms because i don't know how to use it im using security bank where i dn't need card where we can easily just type the 16 number and the 4 code and it can withdraw your money that easy . here in my country bitcoin are starting to become famous.

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September 07, 2016, 07:03:07 PM
 #51

One for sure, I tried looking these up in google maps and multiple other sides and couldn't find except one located in a high-density area, Went there just to try it and it was fun although the fees where a little bit high IMO, Would be better if it could exchange BTC to USD as well...
yeah i saw that there are some atms in other countries though unfortunately i have never seen one in my country and i have never used it

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September 07, 2016, 07:06:58 PM
 #52

in the whole African countries there is only one single ATM in South Africa. and it is only for buying. companies should have a look on this continent as there are a lot of remittance are sent to it
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September 07, 2016, 07:15:55 PM
 #53

Only one or two in Pakistan. Yes there should be more, at least it should be in every big city.



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September 07, 2016, 09:25:38 PM
 #54

We got 2 in Athens! yes we do need more! one in thessaloniki for sure and one in Heraklion(crete)! I think those are the hot spots in Greece that need an atm of btc!
well i guess my next travel destination is going to be greece then Cheesy it would be cool to have it in my country too though bitcoin is not popular here at all

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September 07, 2016, 10:54:29 PM
 #55

There are only 3 Bitcoin ATMs in Australia. One in Sydney, Canberra and Melbourne. I am lucky as I live close to the ATM in Sydney. I don’t use it that much. It has a 3% conversion fee. I think that this is quite little. However, Bitcoin ATMs are going to take a long time to spread everywhere. At the moment, I believe that there are only Bitcoin ATMs in the big cities.


Smiley
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September 08, 2016, 04:16:56 AM
 #56

Never seen any bitcoin ATM around my country and also haven't heard about exsitence of any. I have used local bank visa ATM machine to withdraw my bitcoin through bitcoin debit cards but paid like 10% in fees to do so, which included low exchange rate, foreign currency exchange fee, atm service charge and withdraw charge from card. I think bitcoin ATMs have cheaper fee than using traditional ATM machines.
Okay, that is the way I think better for retire from using bitcoin debit card and withdrawal in local atm because 10% is very high fees in this time comparing with using exchange site and withdrawal into my account it's will take a more little fee comparing with using a debit card at this time.

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malmoghetto
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September 08, 2016, 04:47:45 AM
 #57

I know one bitcoin ATM in Helsinki kamppi center, once I saw it, it is cool to see people buy and sell bitcoin in real life.

https://coinatmradar.com/bitcoin_atm/363/bitcoin-atm-bitxatm-helsinki-kamppi-center/

BTCChina also owns a bitcoin ATM, there is one in Philippines financial center-Makati, I have read a thread about it.

But their fees are very high. I prefer buying on exchanges, low trading fees, easy and safe to trade.

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September 08, 2016, 12:58:59 PM
 #58

With current KYC policies and usually really high additional fee most of BTM has I would rather use standard bitcoin exchange than seek BTM.
They either need to make them easier to use or it will be dead end of bitcoin evolution. BTMs are currently more like more exotic billboards...
more exotic billboards are still billboard and it is a good and constant reminder that bitcoin exists. we could use some more advertisement.
but i also see the problem with unusable bitcoin atms. maybe a limit of $50 per day and customer but without a high fee and KYC would be a good way to start it. it would be not much money but to play around and lean it would be enough. 
there are unusable atms in my opinion so you are right about that, i think that it is still really cool though and i would use it

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November 30, 2016, 11:47:48 AM
 #59

in my city there are no bitcoin ATM, and i doubt there are many bitcoin users, but in other city there are 2 or 3 ATM, but that city is in different island with my city, i think there should be 2 or 3 bitcoin ATM machine is in each city so it can boost user to be more active in using bitcoin and also it will be a good chance to introduce bitcoin to the one that still don't know what is bitcoin
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November 30, 2016, 11:51:55 AM
 #60

For now, I think in my country, not available ATM. In my country bitcoin not used in daily life because few people which know a bitcoin. If betcoin is famous in my country I think can make Bitcoin ATM to easy transaction with bitcoin.
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