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Topic: How Can We Use Bitcoin's ATM? (Read 459 times)

full member
Activity: 658
Merit: 100
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January 29, 2019, 01:35:42 PM
#35
Each passing day, Bitcoin ATMs are established in different countries. More precisely, ATM for crypto money. How can we use it? We can only buy / sell BTC or Altcoin with Fiat? Or any of these has features interesting?
To use Bitcoin ATMs, you can see the tutorials on Bitcoin forums because most of them have tutorials for you to use. Also, you can watch videos on Youtube because many people have videotaped how to use ATMs to load or sell Bitcoin.
full member
Activity: 1177
Merit: 102
January 29, 2019, 01:30:29 PM
#34
This feature has step by step instructions Smiley
https://coinsutra.com/how-to-use-bitcoin-atm/
Needed,but Bitcoin will use for buy/sell form ATM it depends your country and government.if their will be added instructions ATM card then we can use it.even I know many countries people have been use Bitcoin for their bills paying,shopping,sports.so Bitcoin use facilities will do knock every Country,I hope so.
sr. member
Activity: 854
Merit: 252
January 29, 2019, 01:22:22 PM
#33
Each passing day, Bitcoin ATMs are established in different countries. More precisely, ATM for crypto money. How can we use it? We can only buy / sell BTC or Altcoin with Fiat? Or any of these has features interesting?

I think it depends on the country you belong and how they accept crypto or bitcoin currency.  Because the only things we can use bitcoin is for trading that's for sure. But here in my country I can used bitcoin for sending money, paying for my bills, and for my savings  too. 
member
Activity: 420
Merit: 18
January 29, 2019, 12:40:45 PM
#32
Crypto atm is similar to any bank atm the only difference is btc atm will have a QR code where we can fund and receive money
newbie
Activity: 90
Merit: 0
January 29, 2019, 10:19:51 AM
#31
I think that such ATMs, we need to conduct exchange, and so far no more! This is firstly very convenient, and secondly, it is a progress for such a currency.
sr. member
Activity: 826
Merit: 250
December 26, 2018, 09:00:59 AM
#30
in my country there is no bitcoin atm because bitcoin is strictly banned in my country so maybe in the future there will be enough time to set up a bitcoin atm so I can only buy bitcoin through the bitcoin market and sell it.

in my country there is not yet but I think next year my country has used a bank with bitcoin and that is so that we make it easier to access finance and others in the presence of bitcoin
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
December 26, 2018, 08:39:37 AM
#29
Each passing day, Bitcoin ATMs are established in different countries. More precisely, ATM for crypto money. How can we use it? We can only buy / sell BTC or Altcoin with Fiat? Or any of these has features interesting?

Actually, I do not know how to use bitcoin ATM machine and until now I still hoping that I can also use bitcoin ATM machine. I want to have experience with that ATM machine and I want to know on how can I withdraw my bitcoin in to fiat. I hope this kind of ATM machine will spread in all countries.
full member
Activity: 616
Merit: 100
December 26, 2018, 08:23:07 AM
#28
bitcoin atm is a good move right now to make bitcoin more popular, and i think we can do anything in the bitcoin ATM, like the withdraw money into ATM (selling bitcoin)or deposit money ( buying bitcoin)
jr. member
Activity: 182
Merit: 1
December 26, 2018, 06:04:21 AM
#27
I do not think that ATMs are needed for cryptocurrency. Cryptocurrency can be easily bought with a credit card and withdraw money to the same card then withdraw money at a regular ATM.
full member
Activity: 910
Merit: 100
December 26, 2018, 06:02:31 AM
#26
Yes, in my country as well. I can only buy  bitcoin at an ATM but I can't sell it. While this feature is not available. At the same time, here bitcoin is not officially recognized and legalized.
jr. member
Activity: 462
Merit: 1
December 26, 2018, 05:19:04 AM
#25
Each passing day, Bitcoin ATMs are established in different countries. More precisely, ATM for crypto money. How can we use it? We can only buy / sell BTC or Altcoin with Fiat? Or any of these has features interesting?
Of course, the main functions will be buying and selling bitcoins (or other cryptocurrencies). It is also possible to add some services or products for which you can pay using cryptocurrency.
member
Activity: 532
Merit: 17
December 26, 2018, 01:52:04 AM
#24
Each passing day, Bitcoin ATMs are established in different countries. More precisely, ATM for crypto money. How can we use it? We can only buy / sell BTC or Altcoin with Fiat? Or any of these has features interesting?

You can only buying bitcoin in bitcoin atm, that is on my country though, i guess it is the same for other countries.
Just deposit some fiat money on atm, and provide the address to receive bitcoin as much as your deposited money (depends on the rate of bitcoin).
If you want to sell back your btc, just use exchange which provide your local currency pair.
jr. member
Activity: 322
Merit: 1
December 24, 2018, 04:33:55 PM
#23
I think basically, the use or importance of bitcoin ATM is just to exchange one's fiat to bitcoin whenever needed and most time, bitcoin to fiat. And I think this is what's going to be the much use of the ATM.
full member
Activity: 392
Merit: 101
September 06, 2018, 07:20:56 AM
#22
Not all the countries have bitcoin’s ATM there are several selected countries because some of government are not accept bitcoin and the countries have bitcoin ATM used by scanning QR code.
full member
Activity: 476
Merit: 100
August 30, 2018, 02:14:10 AM
#21
in my country there is no bitcoin atm because bitcoin is strictly banned in my country so maybe in the future there will be enough time to set up a bitcoin atm so I can only buy bitcoin through the bitcoin market and sell it.
full member
Activity: 546
Merit: 100
August 30, 2018, 02:06:03 AM
#20
Bitcoin is good and if we hold it for the right time and bitcoin ATM will be not simple like other bans ATM because for it the online device will be necessary to access your detail and other information. As for as Crypto is concern so the ATM is useful for every one.
newbie
Activity: 41
Merit: 0
August 30, 2018, 02:03:28 AM
#19
So far I have not used bitcoin ATM yet.But I guess if we already have this, it is very easy for us to access our money using our atm.But banks will still need to study this and create another way of implementing this kind of transaction.
newbie
Activity: 128
Merit: 0
August 30, 2018, 01:46:29 AM
#18
Nothing more than buy or sell. There is one bitcoin ATM in my country, check https://www.youtube.com/watch?v=QFD9DQtiivs , and its located in bali. But looks like that ATM only have buy feature and don't have sell feature, i maybe wrong but usually in here, we sell bitcoin through exchanger.
ATMs in Ubud have been dismantled by the government, maybe only the remaining ones in Jakarta. that's the news I know.
can a bitcoin ATM be used to withdraw FIAT cash?
legendary
Activity: 3542
Merit: 1965
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August 30, 2018, 01:41:27 AM
#17
One thing people could do to bring down the transaction charges of these Bitcoin ATMs is to offer adverticement space on the display of these ATMs. So you give these ATMs a double feature, by displaying advertisements on the screen and it doubles as a ATM.

Obviously the screens will have to be a little bigger to make this more practical, but it would be a good income for the owner or person renting the ATM, because it will have a dual function.

You can even offer access to eCommerce sites via these machines, if these sites accept Bitcoin. A one-stop access point for people to buy Crypto currencies and also to use it on sites that accepts Bitcoin/Crypto currencies.
newbie
Activity: 19
Merit: 0
August 30, 2018, 01:33:34 AM
#16
This seems apparently straightforward. Are you suggesting some other utility for the machine? I would really like to know what else could be done at these machines. Of course, operations like mining are totally out of the equation. It is literally impossible. The truth however is that most countries don't even have this. So, the basic buying and selling still goes through a rigorous process. So, for me, in the country where I live, it would be a great luxury to even have these machines.
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