Bitcoin ATMs - page 3. | Bitcointalksearch.org

Roboabhishek

hero member

Activity: 882

Merit: 528

Quote from: solopay669 on May 15, 2018, 07:20:53 AM

better see the review on YouTube)

lol, good one.

Quote from: cryptowritedu on May 15, 2018, 06:02:13 AM

How do botcoin ATMs work?

Bitcoin ATMs work like smart atm’s. Well, where I’m from we have smart atms these atms basically allow you to deposit and withdraw from them. The only difference is that you are depositing for bitcoin and withdrawing bitcoin. Although most of the atm’s fees are high so I would suggest using an exchange service in order to keep fees as low as possible to maximize the bitcoin you can get.

Tynovten_

full member

Activity: 420

Merit: 101

Generally, it's like every other atm, you make a crypto chip and then you send some of your assets there to make it easier for you to dilute into the currency that applies in your country, maybe like that.

kovpet11

jr. member

Activity: 55

Merit: 2

ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018

Bitcoin ATMs are a really good and useful tools, I have tried it once. I dont know the processes behind very well, but it is quite cool Cool

Ch01ce0N3

jr. member

Activity: 131

Merit: 1

It could be the same as other ATMs in general. But, if I do not understand exactly. Maybe you can get the information on the search engine, internet, and other technology pages.

Vertex_ICO

jr. member

Activity: 602

Merit: 8

I have never heard of this but will definitely go give it a look.

babarian

full member

Activity: 658

Merit: 100

in my country there are already cities that use ATM Bitcoin
state of Indonesia, precisely in Bali there are ATM bitcoin that can be used by the tourists who want to use bitcoin

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Here is a little video that details the use of a Lamassu machine, https://www.youtube.com/watch?v=ib8SvraeP0g ..Not all the different models of these machines work the same and on some of them you can only buy bitcoins and on some of the others you can buy and sell bitcoins.

It is easy and fast and very convenient and we need a lot more of them. Just make sure that you check how much fees they charge, because some fees are higher than others in a different location. Roll Eyes

theyRmose

newbie

Activity: 128

Merit: 0

The way it works is similar to ATMs in general, it's just that bitcoin ATMs do not require a credit card but the QR code is the coin purse of the phone.
In Indonesia there are also some bitcoin ATMs but not all the general public can use them, and not all stores or places in Indonesia can receive payments using bitcoins.

Atang Sulaeman

full member

Activity: 910

Merit: 101

ATM Bitcoin is one of the easiest and fastest ways to buy and sell bitcoins.
how bitcoin atm work is as direct sales and purchases at the atm,
we can directly send our bitcoin to our relatives or distant colleagues by directly using the bitcoin atm
and this kind of bitcoin atm is present

Genesis1 Machine from Genesis Coin
Satoshi1 or Satoshi2 from Genesis Coin
Lamassu
General Bytes BATMTwo (one way)
General Bytes BATMThree (two way)
BitAccess
Skyhook
Robocoin

yuzefa

newbie

Activity: 79

Merit: 0

You can see video on YouTube, many people made dedicated videos for this. However, these ATMs are not success because they give less cash than current rate.

Powerpuff

hero member

Activity: 839

Merit: 500

Bitcoin ATMs, also called Bitcoin Teller Machines (BTMs), aren’t really ATMs in the true sense of the term. Rather, these are physical centers where you can buy Bitcoins with fiat money and with some machines, sell Bitcoins too. Bitcoin ATMs are meant to offer access to Bitcoins to those who are not a part of the banking system.

Bitcoin ATMs also cater to the underbanked and the less tech-savvy people. Some just prefer the extra privacy that some BTMs offer when it comes to buying Bitcoin. Estimates peg the number of Bitcoin ATMs all over the world at around 1600, an exponential rise from just two years back when the number hovered around 450.

feonaka

newbie

Activity: 8

Merit: 0

Quote from: rose9696 on May 15, 2018, 06:08:24 AM

Quote from: cryptowritedu on May 15, 2018, 06:02:13 AM

How do botcoin ATMs work?

That would not be possible with Bitcoin. Because the founder and operator of bitcoin was anonymous and no one could know what he was doing. Therefore Bitcoin ATMs will not be available. But I believe in the revolution of Crypto, there will be altcoins doing this to beat the bank of the world.
I hope Hashcard and Credits can do this.

Bitcoin ATMs are already available in some countries. You can get cash fro bitcoins or deposit cash and get bitcoins through these easily.

arifin eky

newbie

Activity: 100

Merit: 0

ATM bitcoin can be an alternative tool for the long term because people need atm as well as the melting machine where mana.itu already become a secure financial aids in the present and future.

bennypagulayan

member

Activity: 280

Merit: 10

MEGATRON - THE RISE OF BLOCKCHAIN REVOLUTION

Bitcoin ATMs are good news for everyone entering the cryptocurrency market. It's very convenient and useful. I've seen some ATM Bitcoin trees in some places. In the future, I think there are a lot of Bitcoin ATMs coming out and making bitcoin as well as the cryptocurrency market more popular with everyone around the world.

OSEIBOATENG

member

Activity: 238

Merit: 15

I don't really know of the coin you are talking of but if it is BTC then what I know about BTC ATM's is it can be used the same way our Fiat currency ATM'S work.

Scripture

full member

Activity: 1303

Merit: 128

Is there existing Bitcoin ATM now ? Good Lord. I just hear this news now and if there are really Bitcoin ATMs, it is probably a bitcoin in exchange of fiat or vice versa. ATMs function is to withraw or deposit cash. But i think it doesnt need any cards like we do normally, just codes , address and password.

anhhungcolao

newbie

Activity: 28

Merit: 0

Bitcoin ATM will be built if Bitcoin is accepted as a means of payment or become international currency.

TepungBeras

jr. member

Activity: 176

Merit: 1

Presale is live: BitPenta.com

If in my area there is ATM bitcoin I think it is very fun and it is very practical with a simple way of working, we just simply send some bitcoin us by using the available code in ATM bitcoin available it.

saaayyyeeel

member

Activity: 198

Merit: 16

For RENT

Quote from: rose9696 on May 15, 2018, 06:08:24 AM

Quote from: cryptowritedu on May 15, 2018, 06:02:13 AM

How do botcoin ATMs work?

That would not be possible with Bitcoin. Because the founder and operator of bitcoin was anonymous and no one could know what he was doing. Therefore Bitcoin ATMs will not be available. But I believe in the revolution of Crypto, there will be altcoins doing this to beat the bank of the world.
I hope Hashcard and Credits can do this.

Did you read this post of yours? Are you just born yesterday? How could you say that it is not possible? Are you living underneath the sea where the news could not reach you? Bitcoin ATM is spreading and fully-operational in some areas in some countries of the world and here you are saying that it is not possible. Oh boy!

Anies_Sandi

sr. member

Activity: 700

Merit: 252

Quote from: cryptowritedu on May 15, 2018, 06:02:13 AM

How do botcoin ATMs work?

if for now I have never known if there is ATM bitcoin, so for the way of transaction I do not know, there may be other friends who can help, then help us to learn together.

Topic: Bitcoin ATMs - page 3. (Read 643 times)