BTC atm question

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  • capitalist pig
    SBR MVP
    • 01-25-07
    • 4998

    #1
    BTC atm question
    Ok I’ve finally got a couple different buy/sell btc atms where I live so I’d like to eliminate using coin base from everything if possible. The coin flip atm is what I’ll be using, it seems to have the lowest fees

    I think I get how to use the machine. My question is can I just use a Heritage or Bookmaker receiving QR code at the machine ? Or is there a reason I should still use my electrum wallet before sending to book?

    Thanks
  • icon
    SBR MVP
    • 01-09-18
    • 3492

    #2
    Originally posted by capitalist pig
    Ok I’ve finally got a couple different buy/sell btc atms where I live so I’d like to eliminate using coin base from everything if possible. The coin flip atm is what I’ll be using, it seems to have the lowest fees

    I think I get how to use the machine. My question is can I just use a Heritage or Bookmaker receiving QR code at the machine ? Or is there a reason I should still use my electrum wallet before sending to book?

    Thanks
    For sending to a book your method should be fine. Just scan the code.
    Comment
    • littlekona
      SBR Hall of Famer
      • 11-19-15
      • 5250

      #3
      they will send you a message from compliance if they catch your sending to gambling. They do this prior to banning you so you can send u until you get the text and then after make sure you send to middle wallet. Coin Flip sends very fast almost instant the BTC but they do charge a fee per tranaction on top of the % they take and it varies based on miners fees. I use another company the most and negotiaed a 6% flat rate. They did catch me too after hundreds of trasactions and warned about gambling.
      Comment
      • capitalist pig
        SBR MVP
        • 01-25-07
        • 4998

        #4
        Thanks for the info
        Comment
        • littlekona
          SBR Hall of Famer
          • 11-19-15
          • 5250

          #5
          Originally posted by capitalist pig
          Thanks for the info
          if you have CVS Pharmacy in your area the best and way the cheapest is libertyX $500 for $4.95 plus like $3 in miners fees
          Comment
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