How Not To Sell BTC On Crypto ATM! - page 2.

Sanugarid

full member

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I've never use a bitcoin ATM machine yet but hell yeah, I agree that would cost a lot of fee.

Is it too ironic? We have been using bitcoin as a safe currency in the internet then we are going to withdraw it like a normal currency. The atm owner could have put it in a lot safer places like malls, schools and airports not just in the subway where people can just enter. And the money dispensing, omg, it looks like a high school project, the company should have done it nicely like a supreme cash gun Grin

FanatMonet

hero member

Activity: 742

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Oh, these underground millionaires Grin

. According to the behavior of the dude, you might think that every day he goes to ATMs and takes such amounts, the situation for him is not at all something too emotional. I could just keep the bag at the very place where the notes were issued, and such chaos would not have happened.

Lucius

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Buying and selling crypto via ATM is very popular, even though it's probably the most expensive way considering fees. But other than that you need to make sure that ATM is legitimate and that some hacker did not mess it with the software, you should be aware that some crypto ATMs only have small notes, like 20 EUR or similar.

What happened to one man who apparently sold a large amount of BTC or some other coin is that ATM had a lot of trouble paying off the amount. So if you want to do something similar, be sure to bring a big bag and have a security guard nearby Grin

I know its old news, but I didn't find it posted on the forum.

Topic: How Not To Sell BTC On Crypto ATM! - page 2. (Read 241 times)