Bitcoin ATM’s

[pilebuck13]

Anyone have experience with drawling from them in the US? And how much can you withdrawal? I’d also like to hear from some people doing large volumes of bitcoin transfers and what method they used to convert it to USD any help appreciated btw I have Gemini and coinbase and know how to sell it and have it deposited to my bank account but this is not what I’m asking. Thanks

[eaglesfan371]

Considering the amounts I’ve seen you play, atms likely won’t get you too far. Typically 2% fee, $1k or less phone verify, $1k or more ID required. 3k max per day.

Also subject to if the atm has enough cash on hand to purchase your bitcoin.

[ehp6737]

Considering the amounts I’ve seen you play, atms likely won’t get you too far. Typically 2% fee, $1k or less phone verify, $1k or more ID required. 3k max per day.

Also subject to if the atm has enough cash on hand to purchase your bitcoin.

2%?? I wish.

All the bitcoin atm in my area are atleast 3-5%, if not higher. Have to assume its like this all over. As you mentioned though, another issue is the atm having cash on hand.

Stick with coinbase or gemini. Or get the MCO or Bitpay card.

[DroopyDog]

expect to pay around 5%, some charge as much as 15%

as for amounts, it all depends on each individual atm and how much cash they have in it at the moment

youd be better off looking on paxful or localbitcoins for an in person cash trade

[TonyPhizzle]

Open cash app card and just transfer and convert

[DroopyDog]

Open cash app card and just transfer and convert

good luck not getting banned almost immediately for withdrawing any significant amount

[pilebuck13]

expect to pay around 5%, some charge as much as 15%

as for amounts, it all depends on each individual atm and how much cash they have in it at the moment

youd be better off looking on paxful or localbitcoins for an in person cash trade

What’s the local bitcoin thing?

[mrpapageorgio]

good luck not getting banned almost immediately for withdrawing any significant amount

Define significant amount. If you're constantly doing 4-5 figures, then wire transfers into Coinbase Pro would be a better option.

[pattymayo]

I’ve withdrawn from bitcoin atms here in NYC.. never over 1k so didn’t need ID or anything. Easy process but i remember paying at least a 9% fee

And there’s really not that many here that let you sell.. plenty that let you buy but only a few (in neighborhoods you want to go to) that let you sell

[littlekona]

I use all the time and have negotiated rate of 6% ...Never an issue and I send direct to books most of the time. In my area the fees are normally 8-12% plus some even charge a one time 99 cent fee. Local bitcoins is good but with the fees I am always around 5-6% anyway and ATM is just so easy and fast. I am verified and they have my ID info on my negotiated site

Cash App was the best but they boot fast with no reason or communication if you use too much or big amounts

[ThaWoj]

I use all the time and have negotiated rate of 6% ...Never an issue and I send direct to books most of the time. In my area the fees are normally 8-12% plus some even charge a one time 99 cent fee. Local bitcoins is good but with the fees I am always around 5-6% anyway and ATM is just so easy and fast. I am verified and they have my ID info on my negotiated site

Cash App was the best but they boot fast with no reason or communication if you use too much or big amounts

I guess I've been lucky with cash app as ive used it daily for months buying on avg ~$500. I only withdrew a few times as I've used other methods to cashout so maybe that's the trick.

[pilebuck13]

Why can’t some fuker meet me in the states with a suitcase this shit is annoying as fuk

[Optional]

I guess I've been lucky with cash app as ive used it daily for months buying on avg ~$500. I only withdrew a few times as I've used other methods to cashout so maybe that's the trick.

That is the trick. Only buy at CashApp and cash out elsewhere.

Why can’t some fuker meet me in the states with a suitcase this shit is annoying as fuk

You can call your local ATM owner and tell them you want to sell large amounts and most will arrange to have the cash in the machine for you ASAP.

[pilebuck13]

All the ones in wa state require ID and selfie that’s out. Anyone know of any sites I can purchase **** gift cards or likewise with bitcoin then just hit atm w those?