Used a Bitcoin ATM in a gas station today

[BitcoinBarrel]

Saw on the Bitcoin atm maps there was a new ATM at a gas station nearby.
http://bitcoinbarrel.com/bitcoin-atm-map/

So I went to check it out:


The clerk said they've only had it a week and I was the first person to use it.
I had to enter my phone number and get a confirmation code, and after that just insert cash.

It even printed out a receipt:


I've only used an ATM a few times with this being the first big ATM. Before that they were the smaller Skyhook machines which were still pretty cool.

Anyone else seen Bitcoin ATM in random places?

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[croutonhexagon]

For the first time i am seeing bitcoin ATM.  You are very fortunate that you have bitcoin atm in your country. But does it provide full secure transaction or data passes through third party. Because i am very conscious about my money and I first want to know how secure my transaction is. Well at least you had experienced bitcoin atm.

[Caladonian]

This is so cool mate eventhough i didnt see one yet i wanted to know if who developed this system do we have any relevant thread here regarding with btc atm? Hoping that in my country even we are in the third world we will able to have one too in coming years.

[buxlover]

Wow that's cool and nice to hear someone using ATM for bitcoins. I hope something like this will be implemented in our country, somewhere far future at least.

The Coinsource company has ATM machines at many place and in operation http://www.coinsource.net/locations. They too have mobile app, am gonna check that now

[OROBTC]

...

BitcoinBarrel

1) How much did they charge (premium) over "spot price"?  Around here, the BTC ATMs charge a very high 14% premium.  (In Vancouver (on a recent vacation) it was closer to 7%.)

2) Did you have to supply ID?  (Once in NYC I did not have to supply ID, I would guess that has changed.)

[Barbut]

Very pretty experience, I am envying you a bit. Closest bitcoin ATM machine is 240 kilometers from my city. I didn't saw ATM in live, I don't think there will be any in my city, maybe one day in far future.
Is there any minimum or maximum on this bitcoin ATM's? I never saw answer on that question, how much is minimum we can buy just to try bitcoin ATM, how much is maximum amount to buy? Anyone knows the answer on this question?

[Kakmakr]

OP, for the sake of the people, who had no experience of using Bitcoin ATM's or Vending machines, please explain in detail what you had to do, to get the BTC and how long it took. There are different types of ATM's, so the experience is different for each of them. ^smile^

The people in the 1st world countries are fortunate to have this, and we sometimes take that for granted. Some countries, only have 1 x ATM in a major city and then these machines sometimes have restrictions. "Buying only" for instance. ^hmmmm^

[Kotone]

This is really cool now you can use bitcoin to pay gas i want to experience that one hope that in my country there are going to made this one we already had panda atm machine for withdrawing our bitcoin i never tried it before. Is there minimum and then maximum to pay? How this really works i think you need to have bitcoin card also.

[Zadicar]

Actually i didnt see  bitcoin atm  personally  i do  rather  see them  only on  internet and those  people who see it personally are too lucky that  bitcoins  adoption  on their place is  high  which they could actually encounter  on this thing. I would really love to use  this atm for  once but sadly its  isnt   available here  in  my country.

[nara1892]

Saw on the Bitcoin atm maps there was a new ATM at a gas station nearby.
http://bitcoinbarrel.com/bitcoin-atm-map/

So I went to check it out:


The clerk said they've only had it a week and I was the first person to use it. I had to enter my phone number and get a confirmation code, and after that just insert cash. It even printed out a receipt.

I've only used an ATM a few times with this being the first big ATM. Before that they were the smaller Skyhook machines which were still pretty cool.

Anyone else seen Bitcoin ATM in random places?

that's pretty cool. I've never seen one in my city. how does it work? do we enter our bitcoin card or kind of thing, just like the other ATM? or we just can insert cash and it will be saved in our bitcoin wallet? can you give more detail information please?

[Invulner]

Nice! Just proves that bitcoin is spreading to the corners of every country right now.

But still wish there were more of them in my country hahaha.

[HatakeKakashi]

Wow amazing that's bitcoin . I hope my country like that have bitcoin ATM gas station  to become easily to full tank.
Bitcoin is now more powerful and someday bitcoin can use in supermarket to buy anything.

[shintosai]

if this spread around the globe more and more people will gather interest about btc i don't see one yet but i'm hoping that it will be adopted as well in my country so paying gas can be easily done bitcoin really amazed me from time to time many more feature will be deliver for us in this journey that we invest our money.

[abel1337]

Wow thats very cool. Your country is adopting bitcoin very good. Here in our country i need to convert it first into our local currency before i use it into gassing my vehicle. Every day im converting my bitcoin in to local currency to used it on my daily needs. Im hoping that my country adopts bitcoin very well like your. Just bitcoin atm machine is good enough

[BitcoinBarrel]

...

BitcoinBarrel

1) How much did they charge (premium) over "spot price"?  Around here, the BTC ATMs charge a very high 14% premium.  (In Vancouver (on a recent vacation) it was closer to 7%.)

2) Did you have to supply ID?  (Once in NYC I did not have to supply ID, I would guess that has changed.)

1. It is very convenient, only 5% to buy Bitcoins, %7 to sell I believe.

2. No ID was required, just text code confirmation.

[carlfebz2]

Very  glad to see this  kind  of  adoption news  into bitcoin which its already been considered  by  some countries  and  hope it would still continue   to progress  even further  and would able  to reach  in all  parts of the world  and  bitcoin atms  would  be already available  all over the world so that we could already use  it  for us  bitcoin  users   and    its  truly and advantage  for  us.

[traderethereum]

i hope in future this will be available in many places around the world so we can used that machine to buy and sell bitcoin with easy and not have difficulty to find that machine. i think its a good movement from government to agree with this and they will use bitcoin too so bitcoin can be accepted by more people.

[dunfida]

i hope in future this will be available in many places around the world so we can used that machine to buy and sell bitcoin with easy and not have difficulty to find that machine. i think its a good movement from government to agree with this and they will use bitcoin too so bitcoin can be accepted by more people.

Some  government  would adopt this  and some would not  for sure  because government  would  see this as a threat  or  not  on a particular  country , and  im  hoping that  it wont  happen  on majority  on  some countries because these thing  would surely stop  the adoption of bitcoin  and we could  rarely see this bitcoin atm machines  worldwide. Its very nice to see this  kind  of  machines on your place because   you could directly  purchase  bitcoin without any hassle.

[LoyceV]

I had to enter my phone number and get a confirmation code, and after that just insert cash.

Why do they need your phone number? Is that a legal requirement?

I was expecting you'd enter your bank pas like a normal ATM, and get Bitcoins instead of cash. But it makes sense to use cash, so it can go both ways directly.

It even printed out a receipt.

How did you get the Bitcoins? Printed on the same receipt?

The screen says "Withdraw Cash", if that means you have to wait for 1 (or 6?) confirmations, how does that work? Do you have to wait at the machine and guard it for minutes to hours until your money comes out? What if more people want to use it?

[jacafbiz]

Nice and another milestone for Bitcoin, hope we have them spread across. I think the next Bitcoin growth would be when Oil companies want to be paid in Bitcoin rather than Fiat