Bitcoin: Buying from a Bitcoin ATM Machine using cash.
ฝัง
- เผยแพร่เมื่อ 3 ก.ย. 2017
- In this video, I do a live bitcoin purchase from a Bitcoin ATM Machine using cash. This machine is from Coinsource and is located at 3663 S Las Vegas Blvd 410, Las Vegas, NV 89109 inside of a restaurant call Hamburger Ketchup in a mall.
You can also buy Bitcoin from your phone or computer, via Coinbase or Gemini.
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#bitcoin
Thank you Sir.. That was really helpful how you demonstrate it to use Bitcoin ATM. I never used it before. I watch others there weren't to helpful watching the video..
Really introductory. You all join the market that is green 80% of the time.
now you have $500
Thank you for making it easy to understand how to do this. I was totally confused and thought I had to set up a digital wallet. It looks like the machine essentially does that for you. As long as you have the receipt when you’re ready to make a withdrawal.
Thank you i wish every one was as smart and make it easy as you. Thank u I was paying a girl 35.00 to do it for me cus i did not no about it .thank you
It's so easy
imazing 👍⭐⭐
Good
I created a new wallet with the machine and deposited $850 to it, now I want to transfer the bitcoin from my wallet I created with the machine to another wallet how can I do that please
As long as you don't mind giving the ATM owner most of your money. The service charges are f'ing outragous.
interesting! i never knew about btc atm until now!
I'm just finding out
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I do a bitcoin on my cell phone?
Good video! Do you need to already have a crypto wallet before doing this?
Download the app blockchain app is one of the most secure
You can create a new wallet from the ATM.
Why would you? He said it said to create a new wallet it asked.
Bitcoin
Wonderful
If I make a purchase using this method would the seller receiving the payment know that it's from me?
No, you would need to tell them.
Hi. Do you need to use your ID for first time customers?
Yes
Yes you will
I hope he held his bitcoins!
He did, ;)!
Why not directly to your phone’s Bitcoin wallet? The ATM can scan your phone’s wallet QR code and send it there directly. But with paper wallet also can.
So I cannot buy BTc with it if I don't have a Sim card of that country since I'm a tourist
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Hello how can I buy bitcoin to a friend wallet using the bitcoin teller mechine
You would need to get your friend Bitcoin address, and then tell the machine you want to send funds to an existing address, and not create a new wallet.
Can you use the same paper wallet every month?
For depositing, yes, but you should avoid spending from the same wallet every month.
Hello
Hello
Who takes the cash out of the machine? What do they do with the cash?
i don't have a phone, how do i get a code so i can access the atm? someone PLEASE help me!!!
Text app
Can I buy bitcoin in florida
Do I need a credit card or can I just put cash like paper Bill's in the machine never used one of these before
Just use cash to be anonymous no cc needed
Can anyone explain what do I do once I buy bitcoin
Now you know..
The wisest thing that should be on everyone mind currently should be on investing into different stream of income that doesn't depend on the govt especially at this time of this pandemic.
What you got invested in?
So on my phone via text i can get that paper with the scanner thing?
Im confused i want to buy something online but need bitcoins.
Do i need a app to use these atms?
You dont need an app to use the ATM (to receive bitcoin on an address), but you will need an app to send bitcoin. You could also use computer software like exodus.io or a web service like coinbase.com .
went to a coinsource atm and had to open coinsource acount to get bitcoin so it all depends what atm ur using
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Iam sure you go much less then 20 $ in Bitcoin .. those atm ‘a charge to much .. I ‘ve seen as much as 20 percent charge for buying Bitcoin from those atm’s😬😬😬😬
Vēl nemēģināju
how do I access the newly created wallet
Bitcoin is the future only few can see that , just made $3100
sir quickx coin future plzz halp me
Please how do i consume this paper wallet?? Or send to my bitcoin wallet?
You will need to use bitcoin software. Exodus wallet for PC, Mac, and Linux can do this.
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@@angelinaiker3680 you can sweep the paper wallet qr code private key into an android wallet on your phone (be sure to sweep the full amount into the new android wallet))
Angelina Iker teach me
Vous avez prix notre argent sur bit-atm pour créer des giche bitcoin ATM et nous on gagne, koi en retour
That $20 has become $400
But how can you buy stuff
Hi Carlos. Good question. For spending BTC and buying things, its better to send the BTC to a smart phone app. Then you can use the camera phone to take a picutre of the persons address you want to send too, and select the amount to send on your phone.
So I can put 20 dollars in a bitcoin machine and get way more money to buy stuff online with a app in my phone ?
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I think you just got ripped off with ATM probe fee. You do not have $20 in BTC, it will be less. Don't use a BTC ATM machines.... much better ways in buying BTC.
There are other ways of buying BTC in a "knowledgeable" way that is not on an ATM. They are just ripping you off. My intention is not to be a jerk. All the ATMs are in the business of making money off of all of you that are using them.... and most charge a ridiculous fee now that BTC is getting much more into the main media. There are other ways of buying BTC that is not on an ATM. THat's all I'm saying. Knowledgeable and like Spock would say... "logical"
Alex G then rather than be a know it all share these “better ways”
I went to a bitcoin machine but asked me for ID and to be scanned
Yes, there is a lot of regulation around money exchange & transmission, at least in the US and EU.
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In my country it doesn't even require phone verification.
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please i need some one to help me answer this question if i dont have wallet before , how do i get one
How much limit per month for cash out selling
Non
Hello
Do i need to have an account with coinsource @letsdocrypto
Spongebob
Thing is not all bitcoin machine are the same
Ain’t no bitcoin machines near me lol this is bullshit
interesting
Hello
This is BS they want your phone number and photo ID
That made NO SENSE, and I am very smart. So what that tiny piece of paper is how you claim your money later? What is the point of buying if you cannot get to it later? CAN SOMEONE PLEASE EXPLAIN THE ENTIRE PROCESS? We know how to follow prompts, but lets say I put $1000.00 in, the ONLY thing I get is a tiny piece of paper? What happens if I lose it, am I out?
Beginners do not buy Bitcoin because people do not know how to explain it, if adequate explanations were given I bet it would shoot up in value, at present it is just too difficult. When I deposit dollars in a bank I get an account number and a debit card, but with Bitcoin I just get a tiny piece of paper? Seriously? This is BS, no wonder no one I know buys Bitcoin.
Hi Michael. The paper from this Bitcoin ATM contains the information about where the value has been stored on the Bitcoin blockchain as well as permission to transfer the funds for whoever has access to this piece of paper. There is a learning curve to understanding this form of value, and I didn't attempt to cover it all in this video, but I do plan to make a series of videos in the future to do exactly this.
Any where you see this atm mafia don't deposit $to this atm
You just lost 12.00
Those atm charges high a$$ fees. Give or take . Sample Like get 22 worth of btc for 40 or they won’t give what btc is worth. Can’t refund once you decide to back out. Ohhhhh you give all your info and money before you know what you getting.
Search bitcoin atm scam
toan Nguyen it's not a scam coinsource is regulated. However you are correct about fees. If you need to buy Bitcoin in a hurry this is the best option and most secure
So I cannot buy BTc with it if I don't have a Sim card of that country since I'm a tourist
Of course lol they need to have as much control and tracking as possible. USA :D