I just bought $600 USA bucks worth of bitcoin through RockitcoinX and as soon as it was bit in my wallet it was fucking worth $510!?!? Is it purchasing through that ATM like machine that is gouging me? Am I missing something?
Those of you in the USA who have had experience with bitcoin atms please explain how they work.example cashing out from exchsnges, from your phone, buying with cash, buying with credit card. Does the atm demand id info? Usa experience prefered but all appreciated. Thanks
Those of you in the USA who have had experience with bitcoin atms please explain how they work.example cashing out from exchsnges, from your phone, buying with cash, buying with credit card. Does the atm demand id info? Is tuere a cash in or out limit? Do all accept cash in and out? Is there a daily or total limit? Can ghey deposit to an address scaned from your phone screen or a paper wallet? USA experience prefered but all appreciated. Thanks Please mention atm brand / operator if known (do they say on them?) Also maybe approximate date or at least year because i think the rules are chsnging for these too. Thanks. This would really be helpful to those of us who dont have one nearby. I literally tell people in other places that do have them to find them and use them to buy coins and have no idea how they work in actual experience. Edit: found a video of a guy buying bitcoin from an atm in NY state in the USA which is pretty heavily regulated. https://m.youtube.com/watch?v=gHADeS9RPEE# the first half of the video is him driving for some reason. He goes to atm. It asks how much he wants to buy. There seem to be two categories. He chooses the lower category amount (i am guessing this means less id is required bit i dont know. Does anyone know?) . It asks for his phone number then texts him a 4 digit number code like a pin number. It asks for that code. He types it on the touchscreen. It asks whether he wants to let it scan his depositr address qr code (so he could have a wallet on his phone or a paper wallet), or have the atm print out a new paper wallet or let him type in the address.(must be hard as hell). It scans his phone wallets qr address. It asks him to deposit cash. He puts in $20 . It sends the bitcoin to his wallet. He gets a notice he is receiving coin on his phone from either his wallet or his text. Hard to tell but appears to be from his phone wallet software. He gets a paper receipt from the machine that appears to show thecash tendered, date and perhaps wallet receiving. Done. So thats buying. Now letsfind cashing out. Here is one of a woman getting cash from a foreign atm. Not usa. Still looking for usa.https://youtu.be/SaGWnKYEYsU
How do you start a bitcoin ATM business in WV, USA?
Can anybody point me in the right direction. I'm in West Virginia, and NOBODY has entered the market for bitcoin ATMs anywhere in the state, and I'm not sure why. Seems like anywhere off of an interstate that has millions of commuters per month would be a good place to have ATMs. Anybody have any information regarding this or what steps someone would need to take to figure out how to get into the business? I know every state is different. Wish I could just build/buy a BTM, bolt it down in a store and start selling Bitcoin, but it's not that easy.
Those of you in the USA who have had experience with bitcoin atms please explain how they work.example cashing out from exchsnges, from your phone, buying with cash, buying with credit card. Does the atm demand id info? Usa experience prefered but all appreciated. Thanks /r/Bitcoin
Bitcoin ATMs typically charge between 7-10% for buying/selling bitcoins, a fee worth paying for some of us. But to use a Bitcoin ATM, you need to find it first which is the tough part because of the low number of Bitcoin ATMs around the world. How To Locate A Bitcoin ATM Near You. You can find a Bitcoin ATM near you by using the Coin ATM Radar service that provides you the option of searching ... Some Bitcoin ATMs offer bi-directional functionality enabling both the purchase of Bitcoin as well as the sale of Bitcoin for cash. Bitcoin machines are not exactly the same as traditional ATMs but work in a similar fashion. Bitcoin ATM kiosks are machines which are connected to the Internet, allowing the insertion of cash or a credit card in exchange for Bitcoin. They look like traditional ... The map is provided by Google and shows the exact locations of the closest Bitcoin ATM’s to you. About Bitcoin ATM’s. Bitcoin is a growing digital currency and the interest around it is getting bigger and bigger, the bitcoin machine helps users and investors buy and sell cryptocurrency and exchange it with cash, you can use the ATM for bitcoins to get your own now. Bitcoin ATMs allow the purchase and sale of Bitcoin with cash and with relative anonymity. In this post, I’ll cover the different ATMs around, their pros and cons and also show you how to find a Bitcoin ATM near your home. Bitcoin ATM Summary. Bitcoin ATMs, also known as BTMs, are machines that accept cash and dispense Bitcoin in return. Some ATMs also buy Bitcoin from you and dispense cash ... Bitcoin ATM's provide customers with cryptocurrency immediately to purchase goods worldwide. A Growing Industry. Bitcoin and Cryptocurrency are growing at a phenomenal rate. In fact, experts believe the industry will see billions of dollars in investment during 2019. Amazon, Paypal, Ferrari, and many other international firms now accept Bitcoin ...
In this video, I do a live bitcoin purchase from a Bitcoin ATM Machine using cash. This machine is from Coinsource and is located at 3663 S Las Vegas Blvd #4... BITCOIN ETHEREUM PIVX LITECOIN DASH Hempstead Long Island Bitcoin ATM 4/6/2017 Video capturing a Bitcoin ATM and how to use it. Spend your Bitcoin on Amazon and save 20% off using www.bitcart.io Bitstop demonstrates the next generation Bitstop Bitcoin ATM. Find out more at Bitstop.co/franchise https://www.bitcoinofamerica.org/bitcoin-atm-locations/ The popularity of digital currencies is known to most at this point, one can easily see this for them...