Buying bitcoin at Wal-Mart

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  • Ant23
    Restricted User
    • 02-14-19
    • 492

    #1
    Buying bitcoin at Wal-Mart
    Any of you ever bought bitcoin via Wal-Mart to Wal-Mart method? I heard about PAXFUL website and you get introduced to different miners who sell bitcoin via Wal-Mart to Wal-Mart for .75-.93 cents per dollar.

    Any suggestions? Good or bad examples of anybody using this method?
  • Optional
    Administrator
    • 06-10-10
    • 60727

    #2
    Are you getting the bitcoin at 93 cents on the dollar?

    Or are you getting 93 cents on the dollar for money you walmart to them?
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    • themike78
      SBR MVP
      • 07-01-13
      • 4873

      #3
      Localbitcoins 10 times better than paxful. They have the same option. Paxful is ridiculous with fees. They also charge you .001 to send and they send with a much lower fee. I've bought with that method before but your going to pay like 1.20 for 1.0 of bitcoin. Not the other way around. But yeah fuk paxful once I saw how they were basically stealing money on send fees I stopped using them.
      Last edited by themike78; 07-02-19, 10:31 AM.
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      • Ant23
        Restricted User
        • 02-14-19
        • 492

        #4
        Would get. 93 cents per $1....sounds like there is better option.
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        • littlekona
          SBR Hall of Famer
          • 11-19-15
          • 5241

          #5
          Stay away from paxful like the mike said...local bitcoin cash deposit method is best for peer to peer....you can also negotiate a rate with some atm providers like mine is 6% no add fees or miners fees..I send direct from atm many times small amounts and esp when miners fees are high it’s great.....but cash app or Gemini are my main sources with best rates
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          • Ant23
            Restricted User
            • 02-14-19
            • 492

            #6
            Littlekona.....Where do I get instructions on how 2 send from atm like u mentioned?
            Comment
            • littlekona
              SBR Hall of Famer
              • 11-19-15
              • 5241

              #7
              Just scan the btc qr from where you want to send too at the atm....like me when sending to my wallet fairlay or nitro they have one listed so I scan right off sight or wallet .if I’m sending to heritage or AC88 I copy the btc address and put it into blockchain search and it generates qr and I scan that.....great way to save on miners fees..

              u can also take picture or screenshot of qr and scan that too
              Comment
              • trytrytry
                SBR Posting Legend
                • 03-13-06
                • 23649

                #8
                littlekona
                why does that save on miners fees
                Comment
                • littlekona
                  SBR Hall of Famer
                  • 11-19-15
                  • 5241

                  #9
                  Originally posted by trytrytry
                  littlekona
                  why does that save on miners fees

                  The atms are all different some charge service fees on top of the higher rate....the one I contracted rate with has flat 6% no added fees....so say I send direct from atm to heritage 50$ it send the 50$ minus the 6% I normally get credit of 47 or so...now If I send from my wallet $50 I have to pay the miners fee since I send so I get the 50$ but if I do priority send may cost me $3 In miners fees so it would cost me about 53 for 50....I use the atm like that to send small amounts to multiple books all the time

                  The atm pays the miners fee kind of like how Gemini does
                  Comment
                  • Ant23
                    Restricted User
                    • 02-14-19
                    • 492

                    #10
                    Littlekona you are the man!!! Never even thought to see if a bitcoin atm was in my area until your post. Thanks!!!!! Quick, fast, and easy to use
                    Comment
                    • Ant23
                      Restricted User
                      • 02-14-19
                      • 492

                      #11
                      If there is an easier way to send $$$ for bitcoin than the atm I am not aware of it. I was amazed at how simple it was to buy bitcoin & send it to offshore books. Much better than buying with debit card & totally takes the bank out of the deposit method!!! YAY!!!!
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