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Author Topic: Terminal for buying bitcoin.  (Read 378 times)
Musstang (OP)
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June 19, 2018, 05:52:10 PM
 #1

In Kiev (Ukraine) I saw a terminal for buying bitcoin! I did not expect this, and none of my friends have ever seen this.
I did not think that we have it legally.
What do you think about it?

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June 19, 2018, 06:02:04 PM
 #2

In Kiev (Ukraine) I saw a terminal for buying bitcoin! I did not expect this, and none of my friends have ever seen this.
I did not think that we have it legally.
What do you think about it?


If bitcoin is legal in your country.Then you had made it legally.No one will ask you it is illegal activity.If you want means you can get the licence for that.Then it will be purely legal one.If bitcoin is legal ,the crypto currency related business is legal in your country

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June 19, 2018, 07:05:25 PM
 #3

If you take a look onto https://coinatmradar.com/ you'll actually see 2 Bitcoin ATM in Ukraine. Which of the two you've met? Smiley
However, you are lucky. I didn't see any of those beauties "live".

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CODE200
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June 19, 2018, 07:25:22 PM
 #4

In Kiev (Ukraine) I saw a terminal for buying bitcoin! I did not expect this, and none of my friends have ever seen this.
I did not think that we have it legally.
What do you think about it?

Well, it's good to know that there are already the machine of bitcoin. It's not surprisingly to saw that kind of machine especially to those county's that already adapting and legalizing bitcoin. Nothing to be possible to happen I think that there are lot of people who has an involvement to this system that are very happy to know that there are the machines like that. I believe that is legit and legal because bitcoin system are already legal into your respective country and for sure that's have a permission came from the government in your country.
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June 19, 2018, 07:30:36 PM
 #5

In Kiev (Ukraine) I saw a terminal for buying bitcoin! I did not expect this, and none of my friends have ever seen this.
I did not think that we have it legally.
What do you think about it?

Wow, that is good news specially to those bitcoin holders or investors. It's really unexpectedly but nothing will be impossible. Maybe this things has a permission to the government in your country which is bitcoin are already legalized. New machine that use for buying bitcoin is very nice and I think it is legal there in your country.
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June 19, 2018, 07:58:19 PM
 #6

In Kiev (Ukraine) I saw a terminal for buying bitcoin! I did not expect this, and none of my friends have ever seen this.
I did not think that we have it legally.
What do you think about it?
https://image.ibb.co/hY3PXy/photo_2018_06_19_20_50_53.jpg
It's a very welcome development.  It will make alot of people to have more confidence in bitcoin and invest in it. 
Eternu
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June 19, 2018, 07:58:59 PM
 #7

I don't see why wouldn't it be legal? I suppose that firm which owns that ATM pats taxes and all, just like any other exchange office that deals with foreign fiat currencies. So its legal exchange, because part of that money goes to government. There are few ATMs like that in my country, and like in Ukraine Bitcoin is not proclaimed as legal currency, but still its not forbidden to use it as way of paying... as long as taxes are paid.
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June 19, 2018, 08:32:31 PM
 #8

it is very interesting to get my attention and my heart to use the tool, but very unfortunate in my country (Indonesian) very far away hope existence of machine tool like that.
To trade here alone almost excludes illegal.
Musstang (OP)
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June 20, 2018, 09:40:12 AM
 #9

If you take a look onto https://coinatmradar.com/ you'll actually see 2 Bitcoin ATM in Ukraine. Which of the two you've met? Smiley
However, you are lucky. I didn't see any of those beauties "live".
I understand that he is alone in Kiev, apparently he met him. But it was not expected, just left the store and there is such beauty

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Musstang (OP)
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June 21, 2018, 07:15:20 PM
 #10

Today I met another surprise. We obviously began to raise the crypto currency

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June 21, 2018, 07:16:08 PM
 #11

Bitcoin is the leader of the market of crypto currency. It is now the most reputed coin in this market. It is now accepted by different countries as well as by the different governmental agencies. Now it has added another dimension by such in imitative. This will make bitcoin more popular. This will make transaction easy also.
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June 21, 2018, 07:18:01 PM
 #12

It's a good way for newbs to get started with crypto but those bitcoin atms have ridiculously high fees compared to other sources.  I haven't seen any of these around my hometown yet, hopefully that will change though.
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June 21, 2018, 07:26:29 PM
 #13

In Kiev (Ukraine) I saw a terminal for buying bitcoin! I did not expect this, and none of my friends have ever seen this.
I did not think that we have it legally.
What do you think about it?
https://image.ibb.co/hY3PXy/photo_2018_06_19_20_50_53.jpg

hahah, cool! and does it really sells bitcoins? It seems like it's fake  Roll Eyes
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June 21, 2018, 07:35:04 PM
 #14

Really guys, do you have to quote that image 5 times on the first page of this thread?
Thanks for giving me a sore index finger from all the scrolling.

OP, can you also use the ATM for selling or is it just for buying?

Here in Belgium another ATM was just installed by a shop owner, was publicized by many mainstream news papers.
Source: https://www.hln.be/nieuws/binnenland/met-deze-machine-kan-je-bitcoins-verkopen-een-primeur-voor-ons-land~aa5e6f6b/ (Dutch)

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June 21, 2018, 07:45:58 PM
 #15

That's interesting but I'm not sure about why people would use it instead of using a cryptocurrency exchange or localbitcoins. That is not useful for me for now.
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June 21, 2018, 08:12:08 PM
 #16

The number of such terminals is increasing at an alarming rate. In Poland, you can see the same machine at the main railway station in Cracow. This is a great convenience for those who want to overcome their Bitcoins at some point. Thanks to these machines, the user doesn't have to wait a lot of time to confirm the transfer by any service or doesn't need to use the cryptocurrency exchange. This solution is very convenient.

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June 21, 2018, 08:19:46 PM
 #17

If you take a look onto https://coinatmradar.com/ you'll actually see 2 Bitcoin ATM in Ukraine. Which of the two you've met? Smiley
However, you are lucky. I didn't see any of those beauties "live".

Dam man thats awesome machine I have ever seen. Why the hell its not in my country.

Man if it is already in place and working fine then surely the owner of that machine has taken permission from the government to create an ATM hub like that. Just go ahead and make your purchases and get your local currency if it is able to dispense it both the ways.

Im just wondering when the world will freely see these kind of machines everywhere. we can just fly to any country and use these machine to have the local currency. That will be easy one.

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June 21, 2018, 08:28:30 PM
 #18

hahah, cool! and does it really sells bitcoins? It seems like it's fake  Roll Eyes

Why would it be fake? Don't tell me that you've never heard about Bitcoin ATMs. I remember they were a huge thing in 2014 when people were actually spotting them in bars and stores. The first BTC ATM appeared in 2013 in Canada.
The one that OP found was actually in the news 6 months ago.

Approximately 20-30 Cryptomat Bitcoin ATMs (BTMs) will be installed in Kiev by the end of the summer, Michael Chobanian, founder of Kuna Bitcoin Agency and Kuna Cryptocurrency Exchange, told UBR this week.
https://news.bitcoin.com/150-bitcoin-atms-ukraine/
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June 21, 2018, 08:36:08 PM
 #19

In Kiev (Ukraine) I saw a terminal for buying bitcoin! I did not expect this, and none of my friends have ever seen this.
I did not think that we have it legally.
What do you think about it?


hahah, cool! and does it really sells bitcoins? It seems like it's fake  Roll Eyes
I do not understand why this seems like a fake to you?
Unfortunately, I have not used it yet, I think that this opportunity will still be provided to me

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June 21, 2018, 09:13:31 PM
 #20

I don't see why wouldn't it be legal? I suppose that firm which owns that ATM pats taxes and all, just like any other exchange office that deals with foreign fiat currencies. So its legal exchange, because part of that money goes to government. There are few ATMs like that in my country, and like in Ukraine Bitcoin is not proclaimed as legal currency, but still its not forbidden to use it as way of paying... as long as taxes are paid.

The problem is that governments usually impose restrictions like Know Your Customer norms and Anti Money Laundering requirements on companies like these. If you have an ATM where you can transact anonymously, then you might be technically breaking some law.
I am sure the operators of these ATMs would have considered all this....


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