Just an off-topic comment before I talk about the bitcoin ATM:  I did finally purchase an e-bike last month, though I wasn’t able to buy it with bitcoin—there was just no easy way to do it, so I plunked down almost more money than I could afford in cash and took possession of the bad-ass machine.  And the reason I mention this here is because that bike was the only reason I was able to get to the second-nearest ATM which is about 15 miles away (I don’t have a car).  I wrote in a previous post a few months back that there’s a bitcoin ATM in my town, but when I tried to use it I wasn’t able to get it to work.

Anyway, the weather was pretty good today and my motivation was high, so I pedaled the 15 miles to the gas station in which the ATM is located.  I wasn’t really thinking of documenting my experience with video (or even photos, really), so I only took a few pics.  
I found it interesting that there was a sign on the storefront window advertising the fact that there was a bitcoin ATM inside—bigger than the Zig Zag rolling papers advert, too! (lol)





Compared to the previous machine that I tried to use, this one was extremely simple.  You basically agree to the fees, enter your mobile number to receive an SMS for verification, and then scan your wallet QR code.  I kinda had some difficulty doing that last step correctly, but that was probably my own ineptitude in trying to position my QR code correctly rather than a fault of the machine.  But as soon as it captured the image, it prompted me to insert cash.  

My budget as of late has been kind of tight, so I only fed the machine $50, two $20 bills and a $10.  After telling the machine I was done, I got this message:
I didn’t see the funds showing up on the network, but I took a chance and exited the convenience store and departed on my excellent e-bike.  About 10 minutes into my ride home, I got an alert that the bitcoin was received in my wallet.  

All in all, this was a pretty neat experience and I don’t regret spending my time, physical energy pedaling, or cash in order to finally try out a bitcoin ATM.  I’m relieved that it was an easy process, as opposed to my last experience.  Would I continue to buy bitcoin this way?  No, absolutely not.  I paid $50 for exactly $40 of bitcoin, and that just isn’t worth it, since I never have a dire need for crypto such that I’d pay that markup.  It’s too bad the fees were that high, and I think the future of bitcoin ATMs is going to hinge on those fees being lowered.  I can’t imagine there are many people who frequently need bitcoin so urgently that they’d continue to use ATMs at the present conversion rates.  

That’s a bitcoin sticker on the top tube of my bike, BTW, which I think I got from minerjones.  If I had more stickers I’d plaster them all over it.

So anyway, I wanted to share my pretty cool experience with the community.  Sorry if there aren't enough pics, but I'm not the best photographer and there was a terrible glare on the screen.  Feel free to share your own experiences buying bitcoin with ATMs.

Edit:  Hey, my images aren't displaying properly!  Can someone help me out?

Leo, you rock as usual.  Thanks for the image tips; it's been years since I posted images on this forum and even though I searched out how to do it, obviously I mucked it up.

Yes.

Like I said, I had to receive an SMS text from them in order to proceed so a cell phone was definitely required.  I'm sure you could figure out ways to get that confirmation text without disclosing your own number (like using someone else's phone), but I wasn't concerned about that. 

Alas, I was tired and perspiring heavily from my 25km ride and I just didn't have the gumption to linger and read everything--so no, I don't know what the limits are.  But you know, I have a feeling that I might use that ATM again since it was so easy and motivated me to go for a decent bike ride.  Maybe next time I'm there I'll get some more details.

I got from their faq that;
They also stated in their faq that transactions would usually take up to 10-15 minutes to be confirmed, so that should settle the fears of most users of their service.

Congratz @The Pharmacist you're not BTM virgin anymore  Coincloud has one of the higher fees btw.
@o_e_l_e_o with this issuer the limit is up to $2000 you need a phone number. For anything above (and up to $10k per day) you need to scan your ID. To compare, with Shitcoins.club they can buy up to €10k without ID

I have not used bitcoin atm before but I have watched several videos, while selling bitcoin to receive money may require you to input your phone number or email to get a message when you will be able to withdraw the money and a QR code is printed out. But when using it to sell bitcoin, no phone number is not needed for anything. The videos I watched was way back in 2019 and I think bitcoin atm is being modified.

I think, bitcoin atms are getting modified in a way to reduce privacy. After the high transaction fee, you still have to use phone number for verification, and the atm needs to verify you for higher transaction amount. I even watched a video now because the phone number verification for buying is strange.

https://m.youtube.com/watch?v=xajKjxxRL04

I think the process look very simple for anyone to adopt and I think the adoption of the ATM will grow fast across all continent as year passes. I only think purchase of bitcoin with fiat will be appropriate than spending your crypto on daily need, it is a better way to save fast in asset, I wish the transaction fee was mentioned and the period from purchase and deposit was observed.

This is a very good experience. I have first time listened the real and practical experience of using bitcoin ATM. This is surely one of the great advancement of bitcoin exploration. Though this access is very limited, it will help others to spread this opportunity all over the world.  Very few countries have permitted such facilities and very few people are enjoying it still now. But we expect, one day we will be able to use Bitcoin for all types of transaction and this facility will be available for us.   

Congrats for your first BTM use. Feeling excited, but fortunately I don't have, such as an opportunity. I am curious about how you input USD into the machine (sorry if I am missing something on the OP). I mean, did you used a credit / debit card to buy bitcoin? And is there required credit/debit card if you want to sell your bitcoin?

Sadly fee is quite high, but at least there is an opportunity buy/sell your bitcoin in emergency case. Wondering you paid fee $10 to buy $50. Is it will increase if you buy $2K comparatively? Or its fixed fee for a single transaction? If its fixed for a single transaction, then likely it would reasonable when someone buy higher amount. Otherwise really fees are high.

I often saw OP's thread about buying this kind of bike through bitcoin, I am happy for you even though you haven't bought it directly from bitcoin.

I just want to share, we also have a convenient way of buying bitcoin. I guess we cannot really escape from huge convenience/transaction fee, or whatever the fee is when converting fiat to bitcoin. The process is like this:

You open up your mobile wallet app Coins ph.
Click cash in and type how much you like.
Show the receipt to 7/11.
pay it.

Then you have your bitcoins already. If they could make this process purely automated, it will be a big business to start with. More people are now engaging to bitcoin and having bitcoin ATM will give you tons of cash.

Well, it's the experience that counts I suppose. He didn't deposit that much so I suppose the transaction fees aren't that much of a problem. But really, based on price for when I checked right now, can I assume that the fee for the transaction is around ~20%? Damn, Crypto-ATM's are really there to suck the money out of your wallets. Congrats on that 15mile travel that costed you around $20 I think?