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Author Topic: Just bought Bitcoin from a train ticket machine in Switzerland for a trip abroad  (Read 2105 times)
687_2 (OP)
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November 11, 2016, 09:38:38 AM
 #1

I posted this in /r/bitcoin, but someone removed it immediately?  Huh

Whatever, I still think the experience is worth sharing.

Flying from Zürich to Amsterdam today, and I'm expecting to be able to use XBT when I arrive. I'm also excited to get in on the SBB's new offer. So I'll get rid of some CHF cash so I don't have to deal with two paper currencies. This isn't a comprehensive review, just some highlights.

The machines at my first two train stations were pretty busy and it was stressful trying to figure out what to do for the first time. I ran out of time at both stations, but I tried again at the airport where there were a lot of machines available and I had a lot more time to mess with it. During my train ride I read on the SBB's website how to get through this process, and that helped a lot.

You have to go through a "Prepaid/top up Bitcoin" option, which wasn't really intuitive for me. Then it asks for your QR code, so I showed it mine, and then you get to this screen!



I had CHF 80 in my pocket, so I chose "other".
You are shown the exchange rate/fee, which I don't really care about at this point, so I just move quickly through:


Next it asks for your phone number. This takes the most time, especially if you're not used to a Swiss number (put a 0 in front of your number, don't include the +4X or whatever)


It sends you a 4 digit code via SMS, you enter it and continue. Then it asks for your cash, you put the bills in here:


Success! It spits out a receipt where the paper tickets usually come out:


I put in CHF 80 and received CHF 72.61 worth of XBT, which I think is about the same as if I changed for EUR. The future is awesome!  Grin

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November 11, 2016, 09:42:45 AM
 #2

Thanks for sharing your experience, I read about Switzerland adding the option to purchase bitcoin at their stations recently and was wondering how it would all work in practice.  A bit more time consuming it seems than your usual bitcoin ATM but a great step forward.
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November 11, 2016, 09:52:36 AM
 #3

Thanks for sharing your experience, I read about Switzerland adding the option to purchase bitcoin at their stations recently and was wondering how it would all work in practice.  A bit more time consuming it seems than your usual bitcoin ATM but a great step forward.
Yup adoption all the way, easier, harder, more annoying  but its still move forward.
Thanks for sharing, its good to see real life experiences with bitcoin.
687_2 (OP)
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November 11, 2016, 09:55:07 AM
 #4

Thanks for sharing your experience, I read about Switzerland adding the option to purchase bitcoin at their stations recently and was wondering how it would all work in practice.  A bit more time consuming it seems than your usual bitcoin ATM but a great step forward.

I had to read the instructions to figure out how to get through this process so it's not completely ready for takeoff. The process is stressful with lots of other people around wanting to use the machines etc. but eventually you find a situation where you don't inconvenience anyone else and you can focus.

Once you figure out how to do it it's certainly much easier and faster than changing cash CHF/EUR/USD/etc and about the same cost or even a bit cheaper than a kiosk with a person operating it. I think those exchange kiosks you see in airports are going to disappear soon, replaced by these type of integrations Cool

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November 11, 2016, 12:01:04 PM
 #5

Thanks for sharing your experience, I read about Switzerland adding the option to purchase bitcoin at their stations recently and was wondering how it would all work in practice.  A bit more time consuming it seems than your usual bitcoin ATM but a great step forward.

I had to read the instructions to figure out how to get through this process so it's not completely ready for takeoff. The process is stressful with lots of other people around wanting to use the machines etc. but eventually you find a situation where you don't inconvenience anyone else and you can focus.

Once you figure out how to do it it's certainly much easier and faster than changing cash CHF/EUR/USD/etc and about the same cost or even a bit cheaper than a kiosk with a person operating it. I think those exchange kiosks you see in airports are going to disappear soon, replaced by these type of integrations Cool
Indeed and that's so amazing, it's showing if bitcoin are can be the convenience method for paying anything in this time, such a useful information for me and thanks for this, just waiting about the another experience with this cool machine.  Wink

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November 11, 2016, 12:28:29 PM
 #6

Last month I saw the news and just refreshed my memories. First day of sale is... today, so you are most likely among the first (if not the first?) who used it. Smiley

http://www.sbb.ch/en/station-services/services/further-services/bitcoin.html

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November 11, 2016, 12:36:51 PM
 #7

Why stuff like this always gets thrown off reddit's bitcoin section ? I guess we need a bitcoin off-topic subredit for that.

Glad you actually took your time out to snap all those pictures.What were the service charges anyway ? Did you pay extra for using the service ?Honestly,not worth it if you actually paid more than the original price of the ticket.
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November 11, 2016, 01:20:25 PM
 #8

Why stuff like this always gets thrown off reddit's bitcoin section ? I guess we need a bitcoin off-topic subredit for that.

it is not about the stuff, but it is mostly about how reddit works. for example if you are a brand new account or an account with low karma most subreddits remove your posts as spam but the mods see it and can recover if you send them a message which i think is not required on r/bitcoin since they do it themselves.

anyways, thanks to OP i now have one more reason for wanting to live in Switzerland Smiley

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November 11, 2016, 01:22:41 PM
 #9

Interesting thread, I was just looking for feedback on this new system... Looks like it is really great, but fees seem to be a little stiff. I wonder how easy was it to implement this. This is most likely a very nice cost saving versus Bitcoin ATM's.
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November 11, 2016, 01:27:59 PM
 #10

Do you specifically need a Swiss mobile phone number for this or any foreign phone number with the roaming feature enabled would work as well? I guess the Swiss authorities made it so only people who sourced a Swiss sim card from somewhere could work with these Bitcoin machines for identification purposes if something goes wrong, right? And thank you for showing us an in-depth review of how these new machines function  Wink

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November 11, 2016, 01:40:30 PM
 #11

Thank you for sharing your experience and documenting the process!

I have a few questions regarding the machine:

Do you need to have a Swiss mobile number or can you use any mobile number? (Would be great for international travelers.)

If a Swiss SIM is required, how can a foreigner obtain an activated one at low cost?

Does the machine accept Swiss Franc coins as well? (Would be outstanding to get rid of chump change when leaving Switzerland, as coins can't be exchanged at banks.)

ya.ya.yo!

.
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November 11, 2016, 02:06:28 PM
 #12

Very cool, thanks for sharing. Since the invention of money those damn Swiss always have to be on top of everything financial.  Smiley

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November 11, 2016, 02:14:57 PM
 #13

Hope, SBB can share us some sales. It would be interesting to see some charts of the next months. This would be a huge indicator for the Bitcoin-World.

Greetz
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November 11, 2016, 02:30:57 PM
 #14

Thank you for sharing your experience and documenting the process!

I have a few questions regarding the machine:

Do you need to have a Swiss mobile number or can you use any mobile number? (Would be great for international travelers.)

If a Swiss SIM is required, how can a foreigner obtain an activated one at low cost?

Does the machine accept Swiss Franc coins as well? (Would be outstanding to get rid of chump change when leaving Switzerland, as coins can't be exchanged at banks.)

ya.ya.yo!

Looks like a swiss mobile phone number is required: http://www.sbb.ch/en/station-services/services/further-services/bitcoin.html

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November 11, 2016, 03:00:28 PM
 #15

I've been seeing more and more bitcoin atm around the world and this is really a great feeling.
 So far here are the list of atm bitcoin that i saw being posted in this forum
Probably USA and UK
-jakarta Indonesia
-makati philippines
-china
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November 11, 2016, 03:12:39 PM
 #16

Wow that is a very purposeful implementation of Bitcoin. Seems like it was a great experience using BTC in the real world. Thanks for sharing!



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November 11, 2016, 03:15:14 PM
 #17

Very cool that you were able to do this. I hope more European countries follow suit and put these things in railway stations.
In my country, Belgium, I feel we're still a bit behind on the physical Bitcoin applications.

687_2 (OP)
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November 11, 2016, 03:26:03 PM
 #18

Last month I saw the news and just refreshed my memories. First day of sale is... today, so you are most likely among the first (if not the first?) who used it. Smiley

http://www.sbb.ch/en/station-services/services/further-services/bitcoin.html

I think there were some crazy guys that bought just after midnight, I'm a little more relaxed though and can take care of it after I have my morning coffee  Grin

Buy the dip with the security and privacy of your own wallet: use cross chain atomic swaps to trade Bitcoin, USDT, and Ether. Trades are secured and settled on-chain. https://sibex.io
687_2 (OP)
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November 11, 2016, 03:37:53 PM
 #19

Why stuff like this always gets thrown off reddit's bitcoin section ? I guess we need a bitcoin off-topic subredit for that.

Glad you actually took your time out to snap all those pictures.What were the service charges anyway ? Did you pay extra for using the service ?Honestly,not worth it if you actually paid more than the original price of the ticket.

I didn't have a problem with the pricing, I think it's a fair deal all things considered and I'll keep using the system to get rid of small/old bank notes. I paid about 4CHF to get 75CHF worth of XBT, so I find it's about the same to change into other major currencies (EUR/USD). It's really valuable when you start to deal with less known currencies like Forint, there the exchange rates get really bad.

You can't buy tickets with this system, you can only give the machine cash notes and it sends Bitcoin to the wallet that you show using your mobile wallet (Mycellium/Breadwallet/etc.).

Buy the dip with the security and privacy of your own wallet: use cross chain atomic swaps to trade Bitcoin, USDT, and Ether. Trades are secured and settled on-chain. https://sibex.io
687_2 (OP)
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November 11, 2016, 03:50:48 PM
 #20

Thank you for sharing your experience and documenting the process!

I have a few questions regarding the machine:

Do you need to have a Swiss mobile number or can you use any mobile number? (Would be great for international travelers.)

If a Swiss SIM is required, how can a foreigner obtain an activated one at low cost?

Does the machine accept Swiss Franc coins as well? (Would be outstanding to get rid of chump change when leaving Switzerland, as coins can't be exchanged at banks.)

ya.ya.yo!

Yes you do need a swiss number, it sends you a confirmation code via SMS.

The machines do accept coins and I'm going to try using them next time. I agree with you, I hate having coins laying around and this would be the perfect way to get rid of them and turn them into something productive and portable.

Buy the dip with the security and privacy of your own wallet: use cross chain atomic swaps to trade Bitcoin, USDT, and Ether. Trades are secured and settled on-chain. https://sibex.io
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