anybody here use a bitcoin ATM? - GoFuckYourself.com

carolwebb · 05-12-2020, 01:53 AM

anybody here use a bitcoin ATM?

Brit in Cambodia · 05-12-2020, 02:07 AM

To buy or sell bitcoin.

A lot of bitcoin arms in the UK where you can buy it very few you can cash out from and all are heavily monitored.

Go to a couple of Chinese run casinos in Cambodia and you can cash out as much as you wan't. I was once in a bank branch in Cambodia and a Khmer was complaining it was taking 45 minutes to pay in $750,000 in cash!!! If you tried paying in $750k in a local branch in the UK I'd be arrested on the spot of money laundering!

jamezon · 05-12-2020, 03:16 AM

yeah they work fine , if your not trusting them at the beginning ,just start with a small amount to get used to the handling

faxxaff · 05-12-2020, 03:24 AM

These ATMs are a ripoff. They charge around 10% in fees, sometimes more.

jscott · 05-12-2020, 03:41 AM

Quote:

Originally Posted by faxxaff

These ATMs are a ripoff. They charge around 10% in fees, sometimes more.

Then use an exchange like Coinbase, with extreme gov regulation, same as a bank.

10% fee is what you pay for no KYC, pose with passport selfies and anal swabs

k0nr4d · 05-12-2020, 04:07 AM

We have bitcoin ATMs in Poland. You can buy or withdrawal. No limits on them. No ID required.

jamezon · 05-12-2020, 04:54 AM

Quote:

Originally Posted by faxxaff

These ATMs are a ripoff. They charge around 10% in fees, sometimes more.

not every atm, you can check fees online before using them, the ones i used charged between 2,5% and 4% in eu

Klen · 05-12-2020, 05:58 AM

There is a lot of them in my neighbourhood , but no need for it yet - i have zero fee bank withdraw on e-wallet which i use so no point to bother with it.

fuzebox · 05-12-2020, 12:28 PM

Have been using them for years, the local ones just started requiring ID this year though. Also 11% fee.

adultchatpay · 05-12-2020, 07:03 PM

Quote:

Originally Posted by fuzebox

Have been using them for years, the local ones just started requiring ID this year though. Also 11% fee.

that fee is on the high end though.

Klen · 05-12-2020, 11:29 PM

Quote:

Originally Posted by fuzebox

Have been using them for years, the local ones just started requiring ID this year though. Also 11% fee.

Same almost happened here (ID requirement) but owners of ATM's told government to fuck off so they gave up from that requirement . And it is kind a absurd, you can spend millions in cash and nobody bats and eye, spend a dollar in BTC and suddenly you are terrorist/money laundry operator lol

lock · 05-13-2020, 01:23 AM

I have a friend with an atm business he is making way into it. I have a bunch of tools for bitcoin. Bitcoin Tools Suite

ruff · 05-14-2020, 06:01 PM

Pretty steep fees for ATM's. Other options are better if you have them. Otherwise any port in a storm.

fuzebox · 05-14-2020, 06:55 PM

Quote:

Originally Posted by ruff

Pretty steep fees for ATM's. Other options are better if you have them. Otherwise any port in a storm.

Yeah obviously it's not ideal, but hey, you can buy and sell with cash in minutes.

05-12-2020, 01:53 AM	#1
carolwebb Confirmed User Industry Role: Join Date: Jan 2020 Posts: 221	anybody here use a bitcoin ATM? anybody here use a bitcoin ATM? __________________ BCams : hard core redditor

05-12-2020, 03:24 AM	#4
faxxaff Confirmed User Industry Role: Join Date: Dec 2002 Location: Marina Hemingway Posts: 2,134	These ATMs are a ripoff. They charge around 10% in fees, sometimes more. __________________ Asian Babes

05-12-2020, 04:07 AM	#6
k0nr4d Confirmed User Industry Role: Join Date: Aug 2006 Location: Poland Posts: 9,229	We have bitcoin ATMs in Poland. You can buy or withdrawal. No limits on them. No ID required. __________________ Mechanical Bunny Media Mechbunny Tube Script \| Mechbunny Webcam Aggregator Script \| Custom Web Development

05-13-2020, 01:23 AM	#12
lock Confirmed User Industry Role: Join Date: Jul 2003 Location: Australia Posts: 5,065	I have a friend with an atm business he is making way into it. I have a bunch of tools for bitcoin. Bitcoin Tools Suite __________________ Traffic.Tools - 40+ Free Tools Free.Marketing - 150+ Free Tools Submission.Tools - 20+ Free Tools

05-14-2020, 06:01 PM	#13
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,506	Pretty steep fees for ATM's. Other options are better if you have them. Otherwise any port in a storm. __________________ CryptoFeeds

05-12-2020, 02:07 AM	#2
Brit in Cambodia Confirmed User Industry Role: Join Date: Nov 2019 Posts: 117	To buy or sell bitcoin. A lot of bitcoin arms in the UK where you can buy it very few you can cash out from and all are heavily monitored. Go to a couple of Chinese run casinos in Cambodia and you can cash out as much as you wan't. I was once in a bank branch in Cambodia and a Khmer was complaining it was taking 45 minutes to pay in $750,000 in cash!!! If you tried paying in $750k in a local branch in the UK I'd be arrested on the spot of money laundering!

05-12-2020, 03:16 AM	#3
jamezon Confirmed User Industry Role: Join Date: Apr 2019 Posts: 126	yeah they work fine , if your not trusting them at the beginning ,just start with a small amount to get used to the handling

05-12-2020, 05:58 AM	#8
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	There is a lot of them in my neighbourhood , but no need for it yet - i have zero fee bank withdraw on e-wallet which i use so no point to bother with it.

05-12-2020, 12:28 PM	#9
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,141	Have been using them for years, the local ones just started requiring ID this year though. Also 11% fee.