Just found out that my city of 50k people had a tiny badass Bitcoin ATM machine installed 3 months ago in the mall (7AM-11PM restaurant). Tried it, so simple and cheap. $10 bill -> $9.47 in bitcoin. No SMS verification or anything. Coinatmradar.com tells you the closest ones for you.


Comments


[100 Points] moshe1:

as clickbait shill this sounded i discovered 2 atms within a 5 minute drive for me so fuck it upvotes lmoa

they are at 10%, and 7.5% and one says unkown?


[42 Points] NilesCraneFeelsGood:

HOLY FUCK! Thank you so much. I just discovered one like 45 minutes away! Holy hell! This is amazing. for opsec reasons I cant give details but this is in fact not a minor miracle but a full blown Xmas miracle and I fucking hate xmas.


[11 Points] Derrick4Real:

Jesus Christmas...I have almost 4 ATMs in a 3 block radius of my office. This is fantastic news!

19.7% markup on the other hand...meh.

Good looking out though! Now I have a plan B.


[7 Points] Unknown_60:

That exchange rate seems to good to be true, probably is too


[7 Points] DooshNozzzle:

smells shilly in here


[3 Points] None:

[deleted]


[4 Points] Tex402:

Does anyone know how much it would cost to set up one of these ATMs? Maybe I will set one up and make profit


[3 Points] IllSuckYourDickMan:

The link is https://coinatmradar.com/bitcoin-atm-near-me/

Manually enter the name of your city instead of using the "Share location" function of your browser, it's more precise.


[3 Points] pfcashington:

The atm machines around me be taxin


[2 Points] my_dn_account:

Has anyone done research on what it might take for an individual to acquire and manage a bitcoin ATM?


[2 Points] Trinklefat:

What do you actually get? I don't understand. You put 10 bucks in, what does it spit out? A paper wallet?


[2 Points] Ketsa:

All the train ticket machines in my hometown are also bitcoin ATMs.

Geneva, Switzerland.


[2 Points] Hes_a_Goodboy:

So the BTM charges you 5.3% and has no KYC? Hard to beleive but if true you are doing very well as far as mitigating markups. Keep that machine a secret.


[2 Points] car_racer09:

My closest one is over 1000 miles away. #alaskanproblems


[1 Points] None:

[deleted]


[1 Points] incog0002:

apparently there is one in the mall close to me as well, Im gonna feel really retarded when i see it and realize ive been walking past it forever.

Does this get deposited into a separate wallet? How does the direct cash to BTC work when you get it done where does it go?


[1 Points] banksnsons:

5% fee hmm


[1 Points] basinko:

Found one 29 miles away, but only 4 miles from my job.


[1 Points] frones:

Could you ever just deposit directly to a vendors wallet? Like hypothetically if there was a vendor I trusted, would that be viable?


[1 Points] None:

Holy shit! Thank you, found one a couple miles from me!


[1 Points] TheCheeseConspiracy:

Most of these have KYC/AML rules built in. $10 bucks requires no verification, but if you're buying 10k a week the machine is going to want id scan/sms/etc. I think the rules can be set by the operator, but they come with default settings that the manufacturers recommend.


[1 Points] ZeQueenZ:

I don't understand why this is something to be excited about. Please ETMLIA5


[1 Points] koolbus:

Thank you 😍


[1 Points] TrippyPanda47:

This actually might be useful, thank you.


[1 Points] mad87645:

Thanks OP. I only ever knew of 1 ATM in my city beforehand that had a 25% markup on it, but I just found 3 with a less than 10% markup


[1 Points] battle:

Would have been nice to know this before bitcoin spiked recently.


[1 Points] BattleOfReflexPoint:

Every time someone posts about how they can't get bitcoins has made me feel blessed that I have an ATM less than a block away, theres actually 3 more just a few streets over. They are all buy only, but thats fine for me.


[1 Points] LBNorris219:

Haha I thought this was a joke. Looked it up and found out there's actually 20 within an eight-mile radius and one is a five-minute walk away.


[1 Points] Dextril:

Except I'm not buying $10 worth of bitcoin. There's a 14% fee and I'd rather use circle who charges me nothing.


[1 Points] Kingofhash:

Game changer! Have at least ten in my city! Dope to try them out


[1 Points] schwillynelson89:

nice there are some in charltte as well. Tired of dealing with the LibertyX corner store idiots.


[1 Points] magroobz:

I used an app called liberty x