BITCOINS ATM
- Thread starter copcvcj
- Start date
-
- Tags
- crytocurrency
leadingsmm
Banned - Shitlisted and did not do the right thing
- Feb 4, 2019
- 507
- 128
Interested to know too~
dotc0m
Elite Member
- Aug 24, 2010
- 2,734
- 2,043
EXTREMELY HIGH FEES
They are very popular now in California.
But charge around 7%-10% to buy/sell
They are independently owned. So if issues arise you are in direct contact with the owner.
I have had an issue a couple of time where I go to make a withdrawal and no cash is dispensed. Nerve racking but it usually is because the BTM runs out of moolah. Owner either put cash for me the next day or sent back the coins initial value.
Would not use on a regular basis only for those “Rare occasions”
Also does not require any identification. Only tied to phone number. But most machines have cameras or are in heavily surveyed areas.
They are very popular now in California.
But charge around 7%-10% to buy/sell
They are independently owned. So if issues arise you are in direct contact with the owner.
I have had an issue a couple of time where I go to make a withdrawal and no cash is dispensed. Nerve racking but it usually is because the BTM runs out of moolah. Owner either put cash for me the next day or sent back the coins initial value.
Would not use on a regular basis only for those “Rare occasions”
Also does not require any identification. Only tied to phone number. But most machines have cameras or are in heavily surveyed areas.
It's pretty straight forward. Whatever cash you have, you put it in the machine. After it will ask for your address where you want to send or withdraw from. After it confirms, you get your money or you deposit it. It's like a regular atm.