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Author Topic: Bitcoin ATM  (Read 4369 times)

Offline Munareal

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Bitcoin ATM
« on: August 24, 2018, 03:05:12 PM »
A Bitcoin ATM is a machine that buys or sells bitcoins for cash. Have you used the Bitcoin ATM ?

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Bitcoin ATM
« on: August 24, 2018, 03:05:12 PM »

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Offline Marryan

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Re: Bitcoin ATM
« Reply #1 on: August 24, 2018, 05:04:32 PM »
A Bitcoin ATM is a kiosk that allows a person to exchange Bitcoin and cash. It means you can use it both ways.
A Bitcoin ATM lets you buy bitcoin with cash. Similar to the way you insert a debit card into a traditional ATM and get cash, a Bitcoin ATM accepts cash and spits out bitcoins. Some Bitcoin ATMs also work the opposite way: you can send bitcoins to the machine and receive cash.

Anyway it's better to check before using it. Maybe there are different ones.

Offline Miftakhul2

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Re: Bitcoin ATM
« Reply #2 on: August 25, 2018, 07:34:27 AM »
During joining, I have never bought bitcoin through ATM, because I haven't found or seen a special ATM to buy and sell bitcoins, for example, it will be easier to buy and sell bitcoins
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Offline emma.lee1890

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Re: Bitcoin ATM
« Reply #3 on: August 25, 2018, 09:07:02 AM »
A Bitcoin ATM is a machine that buys or sells bitcoins for cash. Have you used the Bitcoin ATM ?
A Bitcoin ATM lets you buy bitcoin with cash. Similar to the way you insert a debit card into a traditional ATM and get cash, a Bitcoin ATM accepts cash and spits out bitcoins. Some Bitcoin ATMs also work the opposite way: you can send bitcoins to the machine and receive cash.

Offline emma.lee1890

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Re: Bitcoin ATM
« Reply #4 on: August 25, 2018, 09:09:01 AM »
A Bitcoin ATM is a kiosk that allows a person to exchange Bitcoin and cash. It means you can use it both ways.
A Bitcoin ATM lets you buy bitcoin with cash. Similar to the way you insert a debit card into a traditional ATM and get cash, a Bitcoin ATM accepts cash and spits out bitcoins. Some Bitcoin ATMs also work the opposite way: you can send bitcoins to the machine and receive cash.

Anyway it's better to check before using it. Maybe there are different ones.
The machine will then dispense the amount of cash requested, Kelley says. Other Bitcoin machines recently launched in New Mexico and Boston allow customers to get bitcoins for cash — but don't dispense cash for bitcoins, a key distinction between those machines and the Austin ATM,

Offline emma.lee1890

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Re: Bitcoin ATM
« Reply #5 on: August 25, 2018, 09:10:53 AM »
Bitcoin ATMs charge an average transaction fee of 8.93 percent, Coin ATM Radar said. Coinsource charges about 8 percent. Cryptocurrency ATMs typically charge a percentage rather than a flat fee, like bank ATMs
An industry that was nonexistent a year ago is flourishing and profitable today, according a news release from bitcoin ATM-maker Lamassu. Internal Lamassu surveys show that standard cash-to-bitcoin locations are averaging $20,000 in transactions per month, while prime locations are averaging $40,000–$60,000 per month.

Offline densuj

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Re: Bitcoin ATM
« Reply #6 on: October 03, 2018, 09:49:46 AM »
 Lamassu Launches New Line of Cryptocurrency ATMs
Lamassu, a Portuguese Bitcoin ATM manufacturer, has unveiled three new machines comprising its “next generation” of cryptocurrency ATMs. Also Read: https://news.bitcoin.com/lamassu-launches-new-cryptocurrency-atms/ bitcoin will be easy to be accessed by all of people around the world in the future.

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Re: Bitcoin ATM
« Reply #6 on: October 03, 2018, 09:49:46 AM »


Offline 88percent

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Re: Bitcoin ATM
« Reply #7 on: October 03, 2018, 10:14:10 AM »
I have never used bitcoin atm because there is only 1 bitcoin atm in my country. Besides that, the bitcoin atm is far from where I live. Unfortunately, I don't have the opportunity to trade with this bitcoin atm. Are there other features that can be used with this bitcoin ATM besides making bitcoin purchases and sales?

Offline wanggober

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Re: Bitcoin ATM
« Reply #8 on: October 03, 2018, 07:33:01 PM »
in my country Bitcoin ATMs already exist but I have never used them because the location of the Bitcoin ATM is very far from the area where I live, and I am very interested to visit it someday

Offline kamal420

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Re: Bitcoin ATM
« Reply #9 on: October 03, 2018, 08:46:16 PM »
Bitcoin atm is no longer new. It has been already for a year. One of the famous atm machine is the one located at Las Vegas and it was owned by the former Heavy Weight Boxing Chanpion of the World. He is no other than Mike Tyson the giant in the boxing ring has found a potention in bitcoin thus he set up bitcoin atm machine all across Las Vegas. In our country, Philippines, there is one bitcoin atm machine at Metro Manila and it is the first and only bitcoin atm machine in this country.
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Offline densuj

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Re: Bitcoin ATM
« Reply #10 on: October 05, 2018, 06:54:56 AM »
30 Bitcoin [BTC] ATMs to be launched in Argentina to slowdown aggravating inflation
Read Here - https://ambcrypto.com/30-bitcoin-btc-atms-to-be-launched-in-argentina-to-slowdown-aggravating-inflation/ it is good progress of bitcoin ATM around the world, in the future will many countries use bitcoin ATM.

Offline nagato

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Re: Bitcoin ATM
« Reply #11 on: October 05, 2018, 07:40:25 AM »
in my country is there still no regulation of bitcoin let alone having an ATM ??
maybe when there will be regulation for crypto currency

Offline Adp

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Re: Bitcoin ATM
« Reply #12 on: October 05, 2018, 08:57:23 AM »
there is bitcoin atm here
but never used it, i dont know how to use it actually
and how about the fee, better buying from account bank i think

Offline dominoes

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Re: Bitcoin ATM
« Reply #13 on: October 05, 2018, 10:01:10 AM »
I heard about ATM machines. For me this is good news for crypto users who are the number one beneficiaries in this progress. I also think that there are more process to be expected from bitcoin team. Maybe we can say wait there's more to come.
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Offline densuj

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Re: Bitcoin ATM
« Reply #14 on: October 08, 2018, 05:10:31 AM »
$50,000 Bitcoin ATM Scam Surfaces in Australia
In Melbourne’s West, scammers posing as debt collectors conned victims to deposit over $50,000 into a Bitcoin ATM. According to The Sydney Morning Herald’s article published on October 5, 2018, the four victims who were believed to be migrants. https://btcmanager.com/50000-bitcoin-atm-scam-surfaces-in-australia/ another interesting information about bitcoin ATM guys.

 

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