Topic: Bitcoin ATM's (Read 1077 times)
ATM machine were installed in my country about 2 years ago and many of these ATMS are majorly for purchase purposes because they aren't meant for Bitcoin dispense. Though we are looking out for bitcoin dispense machine(ATM) in the nearest future when Bitcoin will be accepted and adopted globally as a currency.
In fact, I have little experience with bitcoin ATM which I easily convert my bitcoin in fiat. But, I prefer to use my online wallet which I can also convert bitcoin into fiat. This kind of machine will help all people who have bitcoin so if they need to have fiat they can use this machine.
It's helpful if you are travelling in different countries, but since I don't love to travel, ATM is not really that important to me as I can directly transfer my money from my local exchange to my bank account. With the increasing no. of ATM, this would help to attract the curiosity of the people, eventually they'll learn about crypto currency.
Also with the new bi-directional machines, people will be able to deposit cash where ever there is a BTM and send those money world-wide. Who knows how many people have wanted that to be an option through the years.
A few years ago when you could get 0.06 for £20 I tried one out just for the experience, It was smooth and very quick although the 6% charge was a bit much. There are many more options nowadays to get some bitcoin, I would like to try the reverse btc to fiat but I guess the fee will be quite high?
A good idea. Bitcoin ATM, that would be Bitcoin's future. When it is recognized by the world, of course this will happen without any thought.
Everyone can withdraw cash at ATMs that use credit cards with BTC to trade, which is really convenient, useful for life. I believe this will become a reality.
Everyone can withdraw cash at ATMs that use credit cards with BTC to trade, which is really convenient, useful for life. I believe this will become a reality.
Agree. Making cryptocurrency connected with real paper money is the first step in making it global.
Psychical money is here to stay for several years to come, might as well make it compatible with crypto to kickstart the takeover.
In Bucuresti, Romania, there are 9 or 10 Bitcoin ATMs, in Romania there are 30 Bitcoin ATMs.
In Bucuresti you can buy Bitcoin in about every food store, every Supermarket.
One can pay with his NFC smartphone on every Food Store and Supermarket in Bucuresti.
In Bucuresti you can buy Bitcoin in about every food store, every Supermarket.
One can pay with his NFC smartphone on every Food Store and Supermarket in Bucuresti.
In fact, I have little experience with bitcoin ATM which I easily convert my bitcoin in fiat. But, I prefer to use my online wallet which I can also convert bitcoin into fiat. This kind of machine will help all people who have bitcoin so if they need to have fiat they can use this machine.
It's helpful if you are travelling in different countries, but since I don't love to travel, ATM is not really that important to me as I can directly transfer my money from my local exchange to my bank account. With the increasing no. of ATM, this would help to attract the curiosity of the people, eventually they'll learn about crypto currency.
In fact, I have little experience with bitcoin ATM which I easily convert my bitcoin in fiat. But, I prefer to use my online wallet which I can also convert bitcoin into fiat. This kind of machine will help all people who have bitcoin so if they need to have fiat they can use this machine.
yes ,i saw the first bitcoin ATM of india in Bangalore airport ..which i felt good seeing that and it will spread the importance of the cryptocurrency to the whole country ... and now it is useful for the people to withdraw there money easily. 
it could be this is the first step that indeed needs to be expanded in every country where some people use bitcoin as a search for additional income or in terms of investing which indeed can make it easier for users to process their currency unit of common currency - each of their respective countries - .
At my place we still have no bitcoin atm. Im very support this effort so bitcoin will be famous again by it user. This way more and more peoples will know bitcoin and would try to invest in bitcoin.
In my country there was attempt of btc atm installation in bengaluru,india by a famous exchange unocoin but it was seized by police as there is no legal framework in the constitution. Btc atm will only be allowed where government have approved it or have rules or regulation regarding virtual currencies.but i think as blockchain and crypto knowledge is spreading, in future we will see crypto atm at work but i think it would be crypto to fiat just like we have different crypto cards rather than solely atm for crypto.
I have seen many Bitcoin ATMs posted on social media and to be honest it is really a good effort to the community that wanted to make a mass adaption to all and it helps promote bitcoin to all. I love to see actual bitcoin ATMs in my own eyes in actual form and really hoping it will be available in Asian countries so that everyone will be more interested joining the train and embracing bitcoin craze.
In Czech Republic we have our Bitcoin ATM by Arbolet.net - check video how it work: https://www.youtube.com/watch?v=u_XVKM1VfB4
What fee do you take when a person buys bitcoins?
In Czech Republic we have our Bitcoin ATM by Arbolet.net - check video how it work: https://www.youtube.com/watch?v=u_XVKM1VfB4
These are being deployed everywhere in south america now, it is easier and cheaper to use these atms than western union etc. even though their atm fees are ridiculously high.
Bitcoin ATM machine of the most impressive things that has happened to crypto world space because it has it's own advantages for it users to those countries that has already gotten it.
And again, for the banks to be using and managing there own ATM machines for there own customers, I don't see a problem with it's management and security for crypto users as well.
And again, for the banks to be using and managing there own ATM machines for there own customers, I don't see a problem with it's management and security for crypto users as well.
I have not used bitcoin ATMs as there are none in my country. In fact, when an exchange tried to start bitcoin ATM in my country, the founders where jailed.
However, there are certain problems associated with bitcoin ATMs in my opinion. The primary being the wait time which means that for withdrawing cash with bitcoin, you will have to wait for some time till the transaction gets confirmed.
However, there are certain problems associated with bitcoin ATMs in my opinion. The primary being the wait time which means that for withdrawing cash with bitcoin, you will have to wait for some time till the transaction gets confirmed.
maybe or even not possible if bitcoin has an ATM, it will certainly make it easier for us to use bitcoin
We hear a lot on Bitcoin ATM's. It is widely being installed across the world and people started using it which is helpful for people to convert their currencies to btc and vice versa in ATM. This will be helpful for people and already countries like USA,Europe, Japan and south Korean has installed ATM's in their big cities.
We dont have any bitcoin ATMs here in my country but our crypto application can function the same. We can convert our crypto earnings into fiat and withdraw it into whatever local atm or banks we like. I didnt bother about the security since i trust my third party app and our local banks.
bitcoin ATM will be very popular in the future, why? i think in the future there are many people that use bitcoin and cryptocurrency, if they want to change their money into bitcoin or change their bitcoin to money, they can use the bitcoin ATM that will available in all country in the world. so in the future, there are no exchanger right now
it seems that ATM does not provide bitcoin, I think the type is different if bitcoin is used as access in ATM, I don't think it is right if I use debit money Jump to: