Hi, this is my first bitcoin purchase, and I bought it from a bitcoin atm nearby, My bitcoins are in my wallet, but the transaction hasn't been confirmed and I cant spend them, its been 8 hours and its still at 0/3 confirmations. Why is this
Can anybody help, I need to set up a bitcoin wallet to send someone some cash. Due to marital situation I need to operate with cash only as we have a joint account. I live in the UK and have a bitcoin atm nearby. What do I do and how do I do it? Apologies I am a complete newbie.
I deposited $500 at a bitcoin atm nearby. Everything went smoothly and currently still have the receipt stating I deposited 500 dollars. However when I went to transfer the money to another wallet, It appears that I only have $291 available. Is this normal or did I just get screwed out of over 200 dollars?
Bitcoin ATM is an internet-connected kiosk that allows to buy bitcoin with deposited cash. It usually comes with a computer system and an ATM machine that looks similar to the traditional bank ATM. The kiosk connect the customers to an exchange in which bitcoin trading service is offered. Similar to the traditional bank, bitcoin ATM is mostly common seen in malls, coffee bars, grocery stores in US but from the global perspective, it’s still not widely used yet which is actually much seen in company offices. To search where to find Bitcoin ATM nearby, coinatmRadar would be the best website that connects all ATMs and displays on Google map. Unlike the traditional bank ATM that is usually owned by bank or some large financial institution, the bitcoin ATM or cryptocurrency ATM is mostly run by companies like exchange platform, e-wallet in blockchain or cryptocurrency industry. But more and more relevant companies starts ATM business for its high profit. Depending on the operators, customers would need to connect to their own digital wallet. Some ATM manufacturers/ATM operators even requires an exclusive digital wallet. To trading digital coins or deposit and top up might takes some service fees, too. Usually it ranges from 5%-10% as reported on coinatmRadar.
Almost all bticoin ATMs offer buying digital coins with cash. There are mainly two kinds Bitcoin ATM currently: one-way and two-way ATM. One way ATM usually only offers to buy bitcoin. Two way ATM offers buy bitcoin via cash and sell bitcoin for cash. This works as similarly to top up and withdraw cash as original bank ATM. YouTube video for reference:
I need someone to help me put a chain of BTC ATMs in the streets of NYC. I have a lot of connections to store owners. Where I am it's a hotspot. Tons of people would benefit from having a BTC machine nearby instead of going through middle men. /r/Bitcoin
Hi everyone! We're very excited to have just launched the only Bitcoin ATM in Queensland. We're here to answer any questions.
The only Bitcoin ATM currently in Queensland, Australia! Jackpot Dining West End After a few months of hard work, we've managed to get a Bitcoin ATM up and running in Brisbane, Queensland. It's currently the only one in the state! For those of you nearby, we think you'll find it's a super convenient way to buy crypto with cash! We're planning to add altcoins to the ATM soon, too! We know as well as anyone the frustrations of using online exchanges (hidden fees, lengthy verifications, slow deposits, slow withdrawals, etc.). If time is of the essence, there's no beating a Bitcoin ATM. Your Bitcoin can be visible in your wallet within one minute of arriving at the ATM. Location- It's located at Jackpot Dining West End, a trendy Chinese restaurant/takeaway place (the food is cheap and delicious btw!). The address is 100 Boundary Street, West End QLD 4101. There's plenty of on-street parking nearby. If you need to get cash out, there's a bunch of banks within a hundred meters (NAB, ANZ, Suncorp, BOQ, Bank Australia, Delphi). Operating hours- Jackpot Dining West End is open every day, from 11:00 am to 9:00 pm. Fees- The fees are currently 4% plus $5 (which contributes to the mining fee). Minimum transaction size- $20 Maximum transaction size- $8000 if you've used the ATM before, $500 if it's your first time using the ATM KYC- Like all exchanges and traders (including those on LocalBitcoins), the ATM complies with the Australian KYC laws introduced in 2018. You will need ID (driver's license or proof of age card) and a mobile phone (for SMS verification). Your privacy is taken very seriously. IDs may be verified with the document issuer, but customers' information is otherwise not routinely shared with anyone. We're here to answer any questions guys!
A while ago I used bitcoin ATMs for non-KYC buying. now there are a lot of new ATMs in my neighbourhood I dont know which ones are best. The Coinatmradar site is useful for finding nearby ATMs (loads now in London) but information is sketchy about fees and restrictions. I dont want to register with the company. Has anyone used a General Bytes machine for example?
My mom called me this morning in a panic. Her phone was stolen a few days back and the thief called her pretending to be the SSA (we have already reported this to the SSA). The thief asked her to withdraw her checking account funds and to deposit it at a nearby Bitcoin of America ATM. They didn't provide any information for her to enter so it was all her personal info. After she deposited the money they asked her to send a picture of the receipts and the QR codes. At that point she finally realized something was fishy, refused to send the pictures and decided to go to the police to file a report. We have a fraud case number and we've contacted banks, bills, etc to ensure nothing else happens moving forward. The issue is that neither myself nor my mother know a single thing about bitcoin. I've already tried calling and emailing Bitcoin of America but haven't heard back. Is any way to get the money back or to recover a portion of it? Any advice would be greatly appreciated!
With regards to getting or sending cash worldwide, paypal buy bitcoin is one of the quickest and most secure nearby installment administrations on the planet. Regardless of what kind of business you do on the web, Payoneer's worldwide installment administration makes it simple for you to get paid in all significant sorts of monetary forms. This installment administration permits you to get installments from global organizations enabling them to make a nearby bank move without any problem. Payoneer's Global Payment Service requires an appropriate record enlistment measure with your preferred bank, to get paid for any nearby or worldwide online work. Payoneer's worldwide installment administration makes it simple for you to make global virtual ledgers in various nations with your monetary standards, to effectively get cash from any of the worldwide organizations on the web or different pieces of the world. It gives an elective technique to pay individuals legitimately without including any outsider. You can undoubtedly send or get your installment around the world. Similarly, as though you need to move your installments from Japan to Pakistan, you just need to give the financial balance subtleties to the particular area you are in to get the sum. A Payoneer installment record can work in two different ways, one with a worldwide installment administration and the second is to demand an installment strategy. With regards to contemplating a bookkeeping technique for an installment move, the primary most significant need that individuals ought to consider is the most secure of all, and Payoneer's installment administration ends up being one of the most secure installment administrations. You can likewise utilize Payoneer to exchange your Bitcoins. It additionally permits you to sell, exchange, or purchase digital currencies. Bitcoincashout offers the most noteworthy potential rates for Bitcoin and you likewise have the alternative to pick Payoneer as your getting account. When your card is stacked, you will get your installments inside two hours or under two hours. You would then be able to pull back the sum through an ATM. Notwithstanding, you can apply the two strategies to get paid for any sort of work from different worldwide organizations or different spots on the planet. It is one of the quickest and least demanding exchanges. Many trade destinations permit clients to exchange or trade their computerized cash, Bitcoins, utilizing a btc to usd calc . It is dependable and secure. You can follow your exchanges with certainty.
Bitcoin champion Print ArticleShare this article on FacebookShare this article on TwitterShare this article on LinkedinShare this article on Delicious1Share this article on DiggShare this article on RedditShare this article on Pinterest1 Searching for a Bitcoin Buying Guide? Pondering where to begin? Individuals have a ton of misinterpretations about bitcoin - the absolute first generally known and acknowledged digital money around the world. https://preview.redd.it/8i4q0vbud1u51.jpg?width=1193&format=pjpg&auto=webp&s=400b5fcc3f8cfc424fdc3a03bf2e40c3950e9b9f Many individuals think for instance that lone programmers and obscure individuals use it. Anyway bitcoin is really going standard with everybody from TigerDirect to o Dell and even Subway tolerating installments in bitcoin now. Indeed, bitcoin has a ton of advantages over different monetary standards. For instance, you can send bitcoins to somebody as installment without experiencing the bank broker (and get hit with additional expenses). It's likewise a lot quicker than sending cash through a bank wire or move. You can send bitcoins to somebody and make them get the coins like a flash. B With the entirety of this present, it's nothing unexpected that numerous individuals are currently attempting to purchase bitcoin unexpectedly. Anyway it's not as simple as setting off to your bank and pulling back bitcoins - or heading off to a store and plunking down some well deserved money for The framework works a piece uniquely in contrast to that. This Bitcoin Buying Guide will go over a couple of things you have to know before you purchase - so you can purchase securely and safely. Above all else, while the cost may be over $2000 us per coin, you don't need to purchase a whole bitcoin. Most places will let you purchase parts of a bitcoin for as meager as $20. So you can begin little and go from that point as you get more OK with the manner in which things work. Besides, this article is for general purposes just and not to be taken as money related exhortation. Bitcoin can be hazardous and before making any buy you ought to talk with your money related guide to check whether it's appropriate for you. The primary activity before you purchase your coins is to get a virtual wallet to store your coins. This wallet is a line of text that individuals can use to send you bitcoins. There are various kinds of wallets including ones you download to your telephone or PC, online wallets and even disconnected, cold stockpiling wallets. A great many people want to get a wallet on their telephone or PC. Mainstream wallets incorporate Blockchain, Armory, Bitgo MyCelium and Xapo. Generally it's as basic as downloading the wallet to your telephone as an application or downloading the product to your PC from the wallet's principle site. There are a few kinds of spots to purchase and every one is somewhat unique. There are online merchants that will sell you bitcoins straightforwardly for money (or bank wire or charge card). There are trades where you can purchase and sell bitcoins from others - like a securities exchange. There are likewise nearby trades that connect you up with venders in your general vicinity hoping to sell. Bitcoin champion There are additionally ATMs where you go to buy with money and get your coins conveyed to your wallet in minutes. Each bitcoin merchant has their advantages and downsides. For instance ATMs are extraordinary for security, however they'll energize you to 20% on head of the current value, which is absurd. (On a BTC cost of $2000, that $400! So you're paying $2400 rather than $2000). https://preview.redd.it/6vfnhrlvd1u51.jpg?width=2560&format=pjpg&auto=webp&s=f00d6b2c52ba69f5f10bf22273a8eff3298b1ba8 Regardless of where you choose to purchase, make sure to do your exploration and go with a believed merchant with a decent notoriety and solid client support. First time purchasers will particularly have questions and may require the additional help to assist them with their first exchange. Take as much time as necessary and examination the better places to purchase before you choose. Elements to consider incorporate coin costs, additional charges, strategy for installment and client assistance. Whenever you've discovered a spot to purchase, prepare your assets (for example you may send a wire move or utilize your Visa to finance your record). At that point sit tight at a decent cost. (Bitcoin costs are continually fluctuating 24 hours, 7 days every week). At that point put in your request when you're prepared. When your request is filled and you have your coins, you'll need to send them to your wallet. Just enter your bitcoin address and get the vender to send you your bitcoins. You should see them appear in your wallet inside minutes to 60 minutes (contingent upon how quick the vender sends them out). Presto, you are presently a bitcoin proprietor. You would now be able to send coins to pay for different merchandise and enterprises, or hold tight to them for a blustery. https://preview.redd.it/5a9jjoxmd1u51.png?width=333&format=png&auto=webp&s=04e1d18d92c6d4a5fc7d192703b02ba29748940a
Just wanted to say thank you for this sub, because today you kept my MIL from getting scammed out of thousands of dollars. Background: my MIL’s older brother is an expat living in Southeast Asia and married to a woman from that country, whose first language is not English. Their primary source of communication with my MIL is through email due to us being in the US. My MIL’s brother is also career ex-military and often times rather gruff. The story: This morning, my MIL (who lives with us) received an email from her brother requesting she help him pay a bill. He owed someone money and forgotten about it until the day. The problem was, the guy he owed money to requested to get paid in bitcoin, and her brother doesn’t trust their country’s internet to pay him himself. Now, all of these things I’ve explained are all fully in keeping with what could happen with her brother. The gruff form of the email was also explained. And occasionally SIL writes emails on behalf of brother, which explains any spelling mistakes. So my MIL enlisted my husband, who spent the better part of the morning going back and forth from his actual job to helping her figure out how to set up a bitcoin wallet and other things. Something about this whole thing isn’t sitting right with me, and I’m trying to brush it off as worrying about the inherent “shadiness” of bitcoin. Logically, I know a couple people who deal in bitcoin in totally legit ways, but as I hear so many horror stories about it being shady, I’m doubtful. But I don’t say anything. My MIL is clearly stressed worrying about her brother, and my husband is worried about getting it to work, not a potential scam. As the morning goes on, they keep having difficulties, and while talking to my MIL, she mentions things like “he said I can just send him the money with my debit card at an ATM nearby”, and things like that. They’re sending constant emails to each other. Eventually, my husband comes back into the office where I’m working to say his uncle sent a very stern email that said “I expect results. Just let me know when it’s done,” and lamented how his uncle is kind of a jerk sometimes. It’s at this point that I bring up my concerns. He thinks about it, and when his mom comes up to check in shortly afterwards, he says “Are you sure this isn’t a scam?” She also thinks about it too, and agrees to look into it further. Keep in mind, with the time difference between our location and theirs, it’s somewhere in the neighborhood of 3 a.m. their time. About an hour later, my MIL comes back up and tells us she pretended to be having more trouble and couldn’t get the bitcoin to work. Her “brother” then told her she should just buy some ebay gift cards, send him the numbers, and he’d do it himself. DING DING DING! We have a scam! Needless to say, we shut that down immediately and found another way to let her brother know his email had been hacked. BUT it was reading this sub and trusting my gut that saved my MIL from dropping thousands of dollars into this scam. My family is very grateful to all of you!
BTM, allows you to cash out bitcoins and buy cryptocurrency. Most ATMs have purchase restrictions, and some even require mandatory verification (KYC).
Bitcoin ATM acts as a physical way to exchange the cache for Bitcoin or vice versa. The device includes a scanner, a cash dispenser, and a computer for managing transactions. Digital money is withdrawn to a Bitcoin wallet or a paper wallet of a buyer, for this a special QR code is intended on a mobile device or on a paper wallet itself, generated during the operation and printed out in a separate check. This service is paid and additional commission is charged for it. Most ATMs only work on the purchase of crypto. All ATMs have a common purchase process:
Verification phase (optional, may vary significantly depending on the type of ATM);
Obtaining a bitcoin address for making a deposit (it can be generated and printed / sent by e-mail, but it is better to have it with you before using the device);
Cash deposit to ATM;
Confirmation of the operation (Bitcoin sent to your address).
This process may vary for each ATM.
The average commission at most ATMs is about 9%. It is worth noting that, while abroad, the buyer may encounter an increased commission due to the exchange from the country’s currency to the dollar / euro, then to the local currency.
Advantages and disadvantages
Among the advantages of Bitcoin ATMs are the following:
the opportunity to discover a completely new method of payment; speed of transactions.
However, BTM has a few more shortcomings, so the use of ATMs may not always be convenient for customers:
High commission. The difference in fees is due to the need to maintain physical devices, and it is also possible to levy additional fees.
The risk of ordinary wallets. These risks are associated with the insecurity of this method of withdrawing funds / buying Bitcoin, since you can lose access to the wallet simply by forgetting the mnemonic phrase. Weak tech support. Failure to contact specialists in case of problems will be very difficult.
Physical accessibility. Since Bitcoin ATMs are an innovation, far from every city they are present. Often finding such an ATM nearby is simply not possible.
Weak tech support. Failure to contact specialists in case of problems will be very difficult.
Often, the purchase and withdrawal of funds through exchanges is a priority option. The Bitniex exchange offers an incredibly simple, convenient and high-quality service, all you need to do is go through the easy registration process and start trading on the exchange now.
I'm a 16F runaway who ran at 12 from foster care and does lots of crypto invest for a living. Ask me anything about life as a legally homeless teen and my crypto aswell. I also draw furries lol.
I ran away from foster care at 12 due to an abusive foster home, social worker and police didn't believe me because the family were prominent people in the community and no one would listen to a child. I haven't come back to them or caught since, I have actually escaped from police officers on my runaway warrant. My family abused me physically, verbally, and emotionally aswell, they made sexist comments at me for getting better grades or being physically active. I ran away from them after their family began physically slapping and harassing me and trying to say I was a horrible person. Dad tried to beat me, I shoved him back down the stairs with my body and backpack and jumped out the window and off the roof with what I had already packed. I left with two phones, my notebook laptop, necessary feminine things, thick jackets, and anything I ever had in shitty foster care. I was done with the system, and I still pretty much am. How I got into crypto was by a nearby Bitcoin ATM near my school, and I used it to stop my abusive golden child siblings from taking my money allowance I was receiving from foster care. At 12 I began investing in crypto shortly before running away. A local bank had a special savings account + debit that 13 and up could open without an adult co-signer, so I signed up for one on my 13th birthday. After the Bitcoin ATM near me shut down and was taken away, I used my savings and debit to purchase bitcoin, and even learned about ethereum. My toxic foster parents found my bank account and shut it down, they basically scared the bank employees to do so, because they were rich and very prominent. Fortunately I lost only the 5$ minimum needed for the account to stay open, but I had to wait another year until I could get another bank account of my own. Eventually I left the county I was supposed to be in after I had a few close calls and being chased by police a few times. I went to another part of my state, one with less conservative values to settle in a few shelters and monitor my crypto. My day to day life consists of being in a shelter and monitoring my crypto, where I live, shelters are allowed to hold runaways without ID and without notifying any law enforcement or CPS as long as they want to. I leave every few weeks-few months to avoid detection by occasional police officers outside and social workers. I dye my hair and change the color, zipper, and edges of my jacket to look different. I wear different colored headphones and sometimes glasses to throw off anyone on me. Where I am, there's a low crime rate, so police and people are nicer and they usually ignore or don't detect me. Ask me anything else I didn't mention or curious about what I do and how I do it. Disclaimer: My memory of anything before I ran away is extremely foggy due to some trauma I must've sustained, I am definitely aware my mental strength is far higher than what a normal 16yo female would be. I don't remember much before 11 or 12, as such it kind of feels like I've been practically a runaway for entire life rather than just four years. I also typed this with a VPN and on a library computer far from where I'm staying, don't try to track my IP address. I don't have a sim card either.
Amongst these, Bitcoin is by far the. Photo: Shutterstock Use of cryptocurrencies on a regular basis is increasing around the world. Amongst these, Bitcoin is by far the most popular cryptocurrency. With such a rapid increase in popularity, more and more people want to get their hands on these digital currencies. Whenever we want to buy some cryptocurrency, we need to transfer […] Contact Us ... History of Bitcoin ATMs. The first Bitcoin ATM installed in Waves Coffee House in Vancouver, Canada, in 2013 by a Robocoin company. This machine only supported Bitcoin at the time, and you need to provide your identity by scanning your palm. A total of 81 people used the ATM on the same day and more than $10,000 exchanged. The first machine in the United States went online in February 2014 in ... The map is provided by Google and shows the exact locations of the closest Bitcoin ATM’s to you. About Bitcoin ATM’s. Bitcoin is a growing digital currency and the interest around it is getting bigger and bigger, the bitcoin machine helps users and investors buy and sell cryptocurrency and exchange it with cash, you can use the ATM for bitcoins to get your own now. Remittances via bitcoin ATMs. You can send cash-to-cash payments to your relatives or friends in other countries by using two bitcoin ATMs. From country: To country: How to start a bitcoin ATM business. Bitcoin ATM industry is relatively new, join it and start your business on the cutting edge of technology. Check-list for running a bitcoin ATM Revenue and Costs of operating a bitcoin ATM Real ... Some Bitcoin ATMs also let you sell bitcoins, so you would send bitcoins to the machine and the Bitcoin ATMs would spit out cash. Why Use a Bitcoin ATM? Bitcoin ATMs are a good way to buy bitcoins if you have one near you. You can use Coin ATM Radar's map to find locations. Delivery of bitcoins with Bitcoin ATMs is instant, so you get your coins fast. Buying bitcoins with ATMs is also private ...
Do Not Use a Bitcoin ATM (BTC ATM Review) - YouTube
MY ALL-ENCOMPASSING GUIDE TO GETTING STARTED WITH BITCOIN: https://www.btcsessions.ca/post/how-to-buy-sell-and-use-bitcoin-in-canada Today I check out anothe... How to Find the bitcoin atm machine near me? Find the Bitcoin atm locations open now all located in neighborhoods near you. -----... Bitcoin ATMs are a very commonly discussed methods of buying Bitcoin with money/cash. But what's it like to use one? And are they easy/difficult to use? In t... How do you use a Bitcoin ATM machine and why would you even want to? Watch me perform an actual BitcoinDepot ATM transaction live! 👇 Visit https://bitcoindep... Just a video for fun, sharing my experience with the Bitcoin ATM at OutPost Gamecenter in Ghent. They put the ATM at the darkest place possible, so it's real...