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Topic: Buying a Bitcoin paper wallet from a train ticket dispenser - page 2. (Read 248 times)

hero member
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I like that they give you a wallet with private keys with Bitcoins on its balance. It reminds me of a famous old Bitcoin mixer that was giving you the private keys of an address with coins. I like it, there might be a moment when you don't have access to your Bitcoin wallet or don't want to use device where you have your coins, so you buy a wallet that is filled with coins, it's like prepaid visa cards.
I personally support the idea but 7% is too much to charge for this service. I don't know who uses ATMs with extremely high fees and terrible exchange rates. My friend has one Bitcoin ATM in his restaurant but no one uses it because rates are inappropriate.
legendary
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This is not really any different from a lot of the BTMs (Bitcoin ATMs) out there. They print you a private key which you can later scan. Although I don't see why would this attract any users at all? Especially for someone who lives there since exchanges are easily accessible, and much cheaper.
Yea this is true but don`t forget people also may just try things like this just for the experience especially when it fosters crypto adoption and this is still the reason few still use these Bitcoin ATMs.

I've used a Bitcoin ATM many times before and still do from time to time, but honestly I've never used one that prints a private key. Instead, they send cryptocurrency directly to your wallet address.

OmegaStarScream is right. Exchanges are generally cheaper and easier to use, especially if you're already comfortable with them. But, this "kiosk" thing does have some advantages. Anonymity is one, for example. You don't need to go through KYC (Know Your Customer) procedures for smaller purchases, at least where I live. And, some companies offer promotional periods with fee discounts, so buying or selling can sometimes be even cheaper than on online exchanges. For instance, Bitomat.com (formerly Shitcoins.club) currently has a 0% commission promotion for sales in Bulgaria, Croatia, and Slovenia. link to Bitomat blog
sr. member
Activity: 700
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Hope Jeremiah 17vs7
This is not really any different from a lot of the BTMs (Bitcoin ATMs) out there. They print you a private key which you can later scan. Although I don't see why would this attract any users at all? Especially for someone who lives there since exchanges are easily accessible, and much cheaper.
Yea this is true but don`t forget people also may just try things like this just for the experience especially when it fosters crypto adoption and this is still the reason few still use these Bitcoin ATMs.
staff
Activity: 3500
Merit: 6152
This is not really any different from a lot of the BTMs (Bitcoin ATMs) out there. They print you a private key which you can later scan. Although I don't see why would this attract any users at all? Especially for someone who lives there since exchanges are easily accessible, and much cheaper. As for the complaints of users finding the private keys empty, then I would imagine that could be solved easily since it's easy to prove if the address had any funds, and when did the buy transaction occured. (assuming the company has no intention of scamming people of course).
sr. member
Activity: 700
Merit: 470
Hope Jeremiah 17vs7
 In Switzerland, you can buy a Bitcoin paper wallet from a train ticket dispenser, saw this online  https://x.com/CRYPTO_JOKKER/status/1801252432523235550

Though I had to check another video about YouTube that gives a more detailed information how it works, though it seems like it can only be bought through their fiat currency and not master card with a fee of about 7%. https://youtube.com/shorts/HkelOCD4GUY?si=iB66KZU-WWvoH4gt

The YouTube comments got me perplexed, since they claimed they had 0btc when they load it though it's a few comment.
My question is has anyone here ever use it ?
Is there any other countries were this is available?
I will like to ask if anyone has ever tried it or are there other countries were this is done.
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