Topic: Would you use a Bitcoin ATM? - page 2. (Read 3502 times)
Definitely going to try if i can found one, but there is no bitcoin ATM near my place the people in my city not really know what is bitcoin, I heard from other people that the fee is very high, so if there is an ATM around here I will limit myself to used it
As I know, there are only one bitcoin ATM in my country and it's 80 kilometres away from my city. If in my city would be bitcoin ATM, I don't think that I would use it. These ATM's charges too big fees. Maybe they will lower their fees in future, but now it's not worth to use it. Now I prefer to exchange btc on local exchange and get money to my bank account or sell it to one trusted person.
Same as here in my country and i think we are living in the same place where only 1 BTC ATM. I am hoping honestly that They can increase the amount of BTC atm here in my country because sometimes its hard to withdraw bitcoin in some banks.
There is no fees when i am withdrawing but the place where i am withdrawing sometimes is close or temporary. the other alteranative withdraw method it takes more hours or day before you can receive. instant withdraw is always my priority when i am withdrawing..
As I know, there are only one bitcoin ATM in my country and it's 80 kilometres away from my city. If in my city would be bitcoin ATM, I don't think that I would use it. These ATM's charges too big fees. Maybe they will lower their fees in future, but now it's not worth to use it. Now I prefer to exchange btc on local exchange and get money to my bank account or sell it to one trusted person.
It will be fun to use bitcoin ATM's here in my country since most of the people here are using fiat and credit cards. It will be unique if I'm the only guy or we are few to use that bitcoin ATM. But too bad that I haven't seen around that ATM here in my place and if that happens I will be the first one who is going to try it.
Yes of course I will be happy to use one with conditions though, if the cost of collecting the card is not much, if the amount of withdrawal fess is not too killing, if the amount of withdrawal is not limited with unnecessary conditions, and finally if my fund is secured and the ATM card can be used for online transactions with all this being fulfilled, I am using the ATM fully without reservations...
As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
We don't have Bitcoin ATMs in our country and very few online stores are accepting this currency. It would be great if there could be a bitcoin ATM that would convert the currency at the real-time price and not charge any fee but most ATMs do charge conversion fee which is too high to pay and afford. Till the acceptance is not wide, it's not worth using a Bitcoin ATM.
I will use it.
As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
Yeah, Bitcoin ATM's are really getting more use these days. I would be really careful by using an ATM though because there's plenty of people putting in ATM card skimmers and keylogging software into the systems and they use the information later just so that they could do a withdrawal later on the week. Bitcoin ATM's are really good for purchasing Bitcoins on the go if you don't have an issue of the transaction fees and having people walking around you.
I haven't used one and I am skeptical about it now. Since bitcoin ATMs have not yet gained enough popularity, for sure their security has not enough funding t really support their operations. For sure there would be people that would be able to hack into these ATMs and steal everyone's money. Even banks get hacked and they spend millions of dollars just to protect their ATMs from such attacks.
As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
Yeah, Bitcoin ATM's are really getting more use these days. I would be really careful by using an ATM though because there's plenty of people putting in ATM card skimmers and keylogging software into the systems and they use the information later just so that they could do a withdrawal later on the week. Bitcoin ATM's are really good for purchasing Bitcoins on the go if you don't have an issue of the transaction fees and having people walking around you.
I heard the are about two of such ATM in rome but, i never use them.
I alway's use exchanger online because i think police may keep an eye on people coming to withdraw money from BATM.
Thanks
Bitcseo
I alway's use exchanger online because i think police may keep an eye on people coming to withdraw money from BATM.
Thanks
Bitcseo
Don't look for bitcoin atm around you, instead of the you can simply buy a bitcoin debit card and use it in a regular ATM machines around your location. These plastic card contains a Unified chip and 16 digit numbers like all debit or credit cards. This company will cost some dollars as a monthly maintenance charge and some fees like banks. I suggest you to try with spectrocoin to get this card and use it.
I heard the are about two of such ATM in rome but, i never use them.
I alway's use exchanger online because i think police may keep an eye on people coming to withdraw money from BATM.
Thanks
Bitcseo
I alway's use exchanger online because i think police may keep an eye on people coming to withdraw money from BATM.
Thanks
Bitcseo
If bitcoin ATM easier us bitcoin holder for transaction need, I'm definitely will use it as we know bitcoin ATM is something new and surely it must have secure just same as bitcoin security system for hacking attempt. The advantage of bitcoin ATM, there will be no physical money will be keep on ATM
As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
Mostly depends on the price and distance from my house. IF the ATM just down my street and is selling BTC for about the same price as localbitcoin, then why not I would definitely give it try. But unfortunately, I don't think there is any bitcoin ATM in my country, but in the past few months my country has become more aware fo bitcoin and more people are adopting BTC here so probably by next year we would see a BTC ATM here. With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
I am sure there will be bitcoin ATM in your country soon as more people have adopted bitcoin nowadays but those Bitcoin ATM charge current money exchange price if you withdraw bitcoin in form of fiat which is much higher than the transaction fee in localbitcoin so we need to wait for some more year i guess.
I would love to see bitcoin ATMs all around the world in major cities but if it is costly to buy bitcoins from an ATM than an exchange, I don't see much people using it. Maybe it can get some volume but I don't feel that it would be successful. It might, however, be a good idea to promote bitcoin to the general public and help them get their first bitcoin.
I will use a bitcoin ATM if theres an BITCOIN ATM machine here in my city, but as of now there's no Bitcoin ATM here. May I know how it works? do we need to have an Bitcoin ATM card to use that ATM machine? or We just need to send bitcoin to Bitcoin wallet in ATM Machine?
You have to apply for Bitcoin Debit card, and you will receive the card within few weeks. And no need to deposit bitcoin and there is no separate Bitcoin ATM I think. We can withdraw money to just insert card in any ATM, as for how we withdraw money through our normal Debit card. But the transaction fee will be high to compare exchangers. This is easy and safe no cheating and nothing you can withdraw your money at any time.hmmm, So how much I need to get that Bitcoin Debit Card? Of course there's an fee for that Card. And I want to know if what sites offer Bitcoin Debit Card? Thanks For response. I really want to know more about this topic.
If you are asking my personal opinion i don't need as i don't have much bitcoins so as to have an ATM to withdraw them.
And btw how can you even withdraw them there are no such paper currency for bitcoin.
If there is some method then it is good for people having more bitcoins. As they might need a bank to store
And need an ATM to withdraw
And btw how can you even withdraw them there are no such paper currency for bitcoin.
If there is some method then it is good for people having more bitcoins. As they might need a bank to store
And need an ATM to withdraw
Closest bitcoin ATM where I can go is 300 km far. I didn't have need to go there for years, last time I was there I didn't know about bitcoins. Next time I will try bitcoin ATM, I saw couple times on YouTube how it's easy, and I wish to try that.
Even they have higher fee then some other ways yo purchase bitcoin, I find that ATM's are good thing for people to get some bitcoins easy and anonymous, and without much bothering.
Even they have higher fee then some other ways yo purchase bitcoin, I find that ATM's are good thing for people to get some bitcoins easy and anonymous, and without much bothering.
You're lucky u have bitcoin ATM in your country although its 300 KM far away
We do not have yet this facility in our country . I hope our government also take steps to start a BTC ATM in our country. 
Closest bitcoin ATM where I can go is 300 km far. I didn't have need to go there for years, last time I was there I didn't know about bitcoins. Next time I will try bitcoin ATM, I saw couple times on YouTube how it's easy, and I wish to try that.
Even they have higher fee then some other ways yo purchase bitcoin, I find that ATM's are good thing for people to get some bitcoins easy and anonymous, and without much bothering.
Even they have higher fee then some other ways yo purchase bitcoin, I find that ATM's are good thing for people to get some bitcoins easy and anonymous, and without much bothering.
Well it always depends upon the situation if theres no way out on how we can convert or exchange our coins into fiat then i would preferred to use bitcoin atm if theres one but if theres none well i will always the safe one. I always sold out my coins into our bitcoin based wallet where they will easily deposit your money directly into your banks with in 8 hours.
I am like you, my country is not very popular about bitcoin, so there are not any atm. I regularly sell bitcoin on reputable sites and transfer money to my bank account. It's not really convenient if we need speed. I really hope my country can access bitcoin quickly, and such ATMs will spring up, and I use it, it's easy and convenient. Hopefully that will happen soon. Where I can see ToS of these BTM service?
Here is a list of all BTM suppliers http://www.coindesk.com/bitcoin-atm-map/ from there you can click on every BTM supplier where it will direct you to their site. From my past experiences I know that in 90% cases if you can buy bitcoin from regular exchange it is better to do so.
Of course it's better to buy from an exchange directly, but what if you quickly need to have some coins and you only have cash? Then you will surely not mind to pay the steep fees.most of them require your documents and will record your face.
It all depends on how the regulations in a certain country are, because every country has different rules regarding exchanges, services, etc. In some cases you "only" need to have your ID barcode scanned in order to complete the verification process. Scanning the ID barcode will give them all your personal information, and from there you have to trust them to not abuse any of your details. Jump to: