[2014-01-22] - Wanted : Bitcoin ATM in Paris

[bryant.coleman]

i remember that one guy was arrested in France because he was talking about bitcoin with his friend. Did they change policy

Talking about this?

https://thebitcoinnews.co.uk/2014/05/05/french-customs-arrested-me-for-saying-the-word-bitcoin/

lol... that was horrible.

[boumalo]

A bitcoin ATM may be available in Paris at La Maison du Bitcoin ; grand opening on May 13th

I'm very glad! I will be in Paris next week so I hope I can try out new ATM  

Come back telling us your experience here

3800 new bitcoins everyday, only a fraction arrive on the exchanges but Bitcoin needs to grow for the price to grow, ATMs can help tremendously

[EricKennedy]

Lamassu Bitcoin ATM is live and operating in Paris, at La Maison du Bitcoin (35 rue du Caire, 75002 Paris).
Fees are 10%-6%, depending on cumulated volume.
More details --> http://lamaisondubitcoin.fr/change

Video of the ATM and the premises
http://www.lepoint.fr/video/video-le-distributeur-de-bitcoins-28-05-2014-1828813_738.php

[freedomno1]

Lamassu Bitcoin ATM is live and operating in Paris, at La Maison du Bitcoin (35 rue du Caire, 75002 Paris).
Fees are 10%-6%, depending on cumulated volume.
More details --> http://lamaisondubitcoin.fr/change

Video of the ATM and the premises
http://www.lepoint.fr/video/video-le-distributeur-de-bitcoins-28-05-2014-1828813_738.php

That's great news to hear and glad to hear a request was filled
Vive French ATM's

[boumalo]

Lamassu Bitcoin ATM is live and operating in Paris, at La Maison du Bitcoin (35 rue du Caire, 75002 Paris).
Fees are 10%-6%, depending on cumulated volume.
More details --> http://lamaisondubitcoin.fr/change

Video of the ATM and the premises
http://www.lepoint.fr/video/video-le-distributeur-de-bitcoins-28-05-2014-1828813_738.php

It is a live desk and here are the fees for cumulative 12months volume :

de 0 à 500 € : 10%
de 500 € à 1,500 € : 9%
de 1,500 € à 3,000 € : 8%
de 3,000 € à 5,000 € : 7%
de 5,000 € à 10,000 € : 6.5%
plus de 10,000 € : 6%

You need a valid ID to purchase

[bryant.coleman]

A 10% fee is extremely high. May be the EU tax rates kicked in, on top of the French taxes. Bulk buyers might better travel to some other country (such as Switzerland) to buy their coins. 

[EricKennedy]

A 10% fee is extremely high. May be the EU tax rates kicked in, on top of the French taxes. Bulk buyers might better travel to some other country (such as Switzerland) to buy their coins. 

The commission includes a 20% VAT, so 10% is in fact 8% net.

A physical desk service is not to be compared to an online market place, the service is not the same. It is more like Local Bitcoin, where fees are usually 10%, but in a secure facility and without the hassle of having to organize meetings with strangers.

[boumalo]

A 10% fee is extremely high. May be the EU tax rates kicked in, on top of the French taxes. Bulk buyers might better travel to some other country (such as Switzerland) to buy their coins. 

The commission includes a 20% VAT, so 10% is in fact 8% net.

A physical desk service is not to be compared to an online market place, the service is not the same. It is more like Local Bitcoin, where fees are usually 10%, but in a secure facility and without the hassle of having to organize meetings with strangers.

If you buy 500euros then you buy 500euros again, the second time your fee will be 9%

You have a service : coming with cash and getting bitcoins easily and you have to compare it with the fees you pay when you use an exchange and the hassle to be verified : on bitstamp you will pay a fee of 0.5% rounded up to the nearest second decimal in bitcoins so if you buy 0.3BTC you will pay 0.01BTC fee which is 3.3% and you will lose some money during the exchange from Euro to Dollar

You will obviously save a lot of money using an exchange compared to buying at a desk service or ATM

[bryant.coleman]

The commission includes a 20% VAT, so 10% is in fact 8% net.

A physical desk service is not to be compared to an online market place, the service is not the same. It is more like Local Bitcoin, where fees are usually 10%, but in a secure facility and without the hassle of having to organize meetings with strangers.

But even 8% is much higher when compared to the fees charged by the other ATMs. For example, Quadriga CX charges just 3% on their Skyhook ATMs, which are installed in various Canadian cities.

[boumalo]

The commission includes a 20% VAT, so 10% is in fact 8% net.

A physical desk service is not to be compared to an online market place, the service is not the same. It is more like Local Bitcoin, where fees are usually 10%, but in a secure facility and without the hassle of having to organize meetings with strangers.

But even 8% is much higher when compared to the fees charged by the other ATMs. For example, Quadriga CX charges just 3% on their Skyhook ATMs, which are installed in various Canadian cities.

The fee is 6-10% and it is a desk service not an ATM

3% no matter how much is exchanged? It seems very competitive, what exchange are they using?

[open-mind]

It is interesting  this ATM will be available  for 24 hours a day?

[lovegood]

It is great news! IMO, Paris is one of the best city for start spreading of the Bitcoin ATM through the country

[SSOMM]

Still no bitcoin atm in paris atm, anyone know of a project close to opening one in paris?

I have imported a RobcoinKiosk to Paris. It's an ATM that allows for two-way transactions (https://roboco.in/).
Right now it's sitting in a garage.

I m looking to sell it or rent it out. So if anyone's interested hit me up..