tiggytomb
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Activity: 1848
Merit: 1000
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October 26, 2016, 04:39:59 PM |
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A couple of times to buy bitcoin, the whole process was very quick and straight forward, the fee though has pushed me away, it was 10% and now there a lot of other ways to get coins without having to pay a fee as high as that, overall though it was a good experience and people in the shop were wondering what I was doing.
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OrangeII
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October 26, 2016, 04:47:10 PM |
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in fact I always hear something related to bitcoin atm, but I've never seen, much less use it. however, if the engine has been circulated, I think it would be very good, and the public may also be interested in using the machine. but if it really exists in my city, I think it would be really cool
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xIIImaL
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Activity: 1372
Merit: 1005
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October 26, 2016, 05:17:10 PM |
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in fact I always hear something related to bitcoin atm, but I've never seen, much less use it. however, if the engine has been circulated, I think it would be very good, and the public may also be interested in using the machine. but if it really exists in my city, I think it would be really cool
I have there is an bitcoin ATM in UK and morraco but I am not sure about that buddy. By xapo debit card we can easily access bitcoin debit card in regular ATM machine. Monthly charges for usage is there. If you need to access that buy and do it. |
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crazyivan
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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October 26, 2016, 08:05:20 PM |
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I use BTC debit card and this is something I recommend. BTC ATM re not that convenient, usually high fees and low accessibility. With the card, you can use any ATM and turn it into BTC ATM.
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neochiny
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October 26, 2016, 09:27:05 PM |
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Haven't used one yet, but will do so once there's a machine near my place. The current one I know of available in my country is about 3 hours travel from my place. So, no go.
Currently, I'm using a service from my local exchange where I convert bitcoins to my currency and I can then send the fiat to a bank atm, where I can do a cardless atm withdrawal. Doesn't require me to have an existing account with the bank, don't need cards, and there are lots of machines available around. Really convenient. No added fees. Just the currency conversion.
Oh, I'm also currently waiting for my BTC debit card to arrive. But, it would cost more on fees when used in atms. Could be handy as I won't have to look for a specific bank's machine. Still, Mainly for online purchases.
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Doamader
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October 26, 2016, 11:05:58 PM |
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Well now i do know that the fee to purchase at the machine its 10% above the bitcoin price, and about the cashout, its possible to cashout instant or there is a waiting period because the confirmations?
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DOGE12321
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October 26, 2016, 11:18:05 PM |
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Yeah, I have used one. There are a couple in city that I have gone to. In fact there is one in the main train station that I go through. They don't charge that much as a fee. I have only used them when I was in need for money quickly and couldn't be bothered to fin a bank ATM. Other than that I don't use it often.
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shinratensei_
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Activity: 3276
Merit: 1031
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October 26, 2016, 11:28:57 PM |
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I never used one and I was wandering if you guys have.
Tell me your experience
Never and just for yo know if a lot of real bitcoin atm are receiving for withdrawing your money just there in the foreign place , and totally the another atm in the around the world excepts the foreign place are just can for depositing the fiat into bitcoin and that's also very difficult for search them, in a country just there a one atm. |
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Hazir
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Activity: 1596
Merit: 1005
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October 26, 2016, 11:29:36 PM |
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So, after reading some comments of people who encountered bitcoin ATMs, I see that negative comments about these machines are dominant.
It seems that BTM is a dead end end of Bitcoin evolution - high fees, limited access, KYC all this is making BTMs nothing more than glorified banner ads with Bitcoin logo.
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SourThunder
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Activity: 196
Merit: 100
:)
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October 27, 2016, 12:26:56 AM |
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As of now I've not tired to withdraw and deposit in the bitcoin ATM but in my country have bitcoin ATM. Many people suggest Me not use bitcoin ATM because of the fee is high than the other and bitcoin ATM need I'd and finger print that was my friend said. So I withdraw and deposit bitcoin in coins.ph and rebit.ph
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carlisle1
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October 27, 2016, 06:29:05 AM |
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i haven't tried to use bitcoin ATM yet because there are no btc ATM here in my country as of now but of course i will try it if there's one . it would be more convenient because i don't have to convert to fiat online and go to some remittance center just to cash out .
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noictib
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October 27, 2016, 06:58:37 AM |
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I never used one and I was wandering if you guys have.
Tell me your experience
still i have not use this type of service . when i was very new to the bi then i was thinking that " is there any type of bitcoin atm" . i made search at google and find se blog and sites where it was mentioned that only in Singapore some atm booth are available . but now after see this post i want again to know " may be is it possible for my country " . |
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arransiv
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October 27, 2016, 08:07:10 AM |
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No, I haven't, and I doubt I will ever. I live in a relatively small city regarding the outer world standards, and the closest big city is at a few hours of drive from here.
Same here, I doubt I'll find a ATM next to me... Plus, I don't know about the taxes, maybe it will be high if it's anonnymous... How many BTC ATM have in the world? |
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abel1337
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Activity: 2492
Merit: 1145
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October 27, 2016, 08:11:55 AM |
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I know we have a bitcoin atm here at our country but It is too far from us. My friends have used it. They said that they will only enter their online wallet and withdraw the choosen withdrawals.
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mindrust
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Activity: 3430
Merit: 2539
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October 27, 2016, 08:15:52 AM |
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I heard some of those ATM's are charging its users with ridiculous fees. I won't use an ATM for the first time when i really need it. I will try it first and see if its functioning properly then i can use it in my daily life.
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btvGainer
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Activity: 854
Merit: 1000
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October 27, 2016, 09:03:22 AM |
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I never used one and I was wandering if you guys have.
Tell me your experience
There is no Bitcoin ATM or BTM in my country yet so there is no question of me using it.Even if there were ATM,I wouldn't have probably used.I think bitcoin ATM is a crap idea |
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rinhunter
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October 27, 2016, 09:13:49 AM |
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I heard some of those ATM's are charging its users with ridiculous fees. I won't use an ATM for the first time when i really need it. I will try it first and see if its functioning properly then i can use it in my daily life.
Yes for fiat ATM, but fee charges for Bitcoin atm not too much, I think it's fair, you can receive money directly from the machine rather than to convert through the exchanger. |
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apoorvlathey
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October 27, 2016, 04:10:01 PM |
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I haven't even heard about bitcoins from some other person in physical world in my country though i can see them online. I have not seen any btc atm in my country. But i have seen some atm locations on google maps but haven't went there.
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rosablu (OP)
Newbie
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Activity: 30
Merit: 0
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October 28, 2016, 08:01:05 AM |
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So, high fees and ID requirement are the biggest problems (beside ATM machine availability)!
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The_prodigy
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October 28, 2016, 02:28:56 PM |
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I don't think that bitcoin atm machine could build and then how they gonna link it into our bitcoin wallet? is this posible like but ? if there's an atm bitcoin machine then i would give a try i want to experience this and easy to buy in some online shop to and it can be link into our banks
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