Bitcoin ATM

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  • Miyagiturbo
    SBR Hustler
    • 08-05-09
    • 64

    #1
    Bitcoin ATM
    Anyone ever use one of these? That you can use without the debit card and just get cash?
  • raiders72001
    Senior Member
    • 08-10-05
    • 11144

    #2
    Originally posted by Miyagiturbo
    Anyone ever use one of these? That you can use without the debit card and just get cash?
    Bitpay. They will send you a card that can be used at ATMs or to purchase items. It's a debit card.
    Comment
    • Miyagiturbo
      SBR Hustler
      • 08-05-09
      • 64

      #3
      Originally posted by raiders72001
      Bitpay. They will send you a card that can be used at ATMs or to purchase items. It's a debit card.
      I am probably going to order one of those but might take like a week to come. I was trying to see if anyone used one of the ones you can find on this site


      I think you can get cash without the card at these
      Comment
      • SharpAngles
        SBR Hall of Famer
        • 04-15-14
        • 9467

        #4
        Real simple. Fund wallet. Go to ATM and it will generate a QR code you scan with the wallets app. Longest I've waited to confirm is maybe 5 minutes but the other times I've tried it less than 1. GL
        Comment
        • Miyagiturbo
          SBR Hustler
          • 08-05-09
          • 64

          #5
          Perfect. Thanks for the reply
          Comment
          • littlekona
            SBR Hall of Famer
            • 11-19-15
            • 5242

            #6
            I've got quite a few in my area some are 2 way and allow withdrawls..easy process both deposit and withdrawl like previous comment...on withdrawls it prints a receipt with qr and then texts you when confirmation is complete normally takes 20 to 1 hour and u just go back and scan qr and it then pays like any ATM would....deposits normally hit my wallet in seconds very nice...I'd suggest you contact the btc provider and negotiate a better rate though which at least mine did..
            Comment
            • gauchojake
              BARRELED IN @ SBR!
              • 09-17-10
              • 34116

              #7
              Yes, used one a few weeks ago. Transaction was instant. Fees were steep. Like Angles said, you scan the qr code from the wallet app and ship the coins to the address provided and it returns cash. It's pretty cool.
              Comment
              • pattymayo
                SBR Posting Legend
                • 05-19-09
                • 10221

                #8
                Originally posted by SharpAngles
                Real simple. Fund wallet. Go to ATM and it will generate a QR code you scan with the wallets app. Longest I've waited to confirm is maybe 5 minutes but the other times I've tried it less than 1. GL
                Yes, I've done the same thing using a bitcoin ATM in NYC that I found on coinatmradar. Actually have done this twice in the past week.. one time took about 45 minutes to confirm, the other took about 15 minutes. 2% fees, really can't beat it if you have an ATM near you. Though most of them (at least in NYC) only let you buy bitcoin, not withdraw.
                Comment
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