Today I found a BTC ATM so i decided to give it a try, here is a video/picture montage on how it went. The end of the video shows the cash being withdrawn :) Being that most in FL only allow you to buy I had to try this!
the exchange rate was high $2440.02
So I called the number on the side of the machine and had it adjusted to nothing!!!
In Broward County Florida USA.
If you have any questions let me know! Pretty much all the ATMs like Genesis, Athena, RocketCoin work the same way!
I skipped the part where I converted my Steem Dollars to BTC with Bittrex because a lot of People here have made those videos for reference. BTC-FIAT lol
I hope you enjoyed. Please Upvote, Resteem, and Follow me @road2wisdom
My local bitcoin ATM is paying like $2800 per bitcoin sold to it.. much premium existing
WOW!! Very much a premium!
This vid brought a big smile to my face when I got in the door :) I resteemed it at at the airport, but I couldn't view the vid as the wi-fi was so crappy!! I'm just in the door the noo ... best get this Daily Dose uploaded I did in the car soon ... and the washing done!! LOL! Great to be home again :))
Welcome back 😀 Glad it made you smile
I loved watching it whilst piling my dirty washing into the washing machine! LOL! Thanks for the 2 RS's yest. too!! I really liked that Krakow pic with Magda - I'm really happy that one did well :)
This post received a 49% upvote from @randowhale thanks to @road2wisdom! For more information, click here!
You do some great posts, Upvoted and followed.
Thanks @ cryptohustlin I appreciate it, you do great work too. Following you as well. :) are you in the chat or discord at all?
Sounds awesome. We are so closer to reach Mars 🤤
awesome video. The nearest bitcoin ATM is in the city, which is about an hour away from my town. I've been wanting to take the train up there. Hopefully soon
lol make sure you can withdraw most are buy only
I plan on buying BTC :D
cool!
Note that the premium will be 15% or more.
that's quite the premium
What was the exchange fee
High $2440.02 but I called the number on the machine and had it adjusted to nothing lol
At what point of the process did you call them?
the hour I waited for the redemption code.
How many % do they take off the transaction? Last I heard, Bitcoin ATMs do take a huge chunk!
yes it's high but I got lucky today because the blockchain took a while to mine my block, so I called the number on the machine and they readjusted it for me. It's normally 5-10% I was told, I got charged 1% today. It also depends on the priority your wallet is set to. But the exchange rate was high $2440.02
I think perhaps you could find a better deal through localbitcoins.com but i guess that's entirely where you're doing this. Thanks for the video showing others how all of this is real :)
Thanks, a lot of people don't even know what Bitcoins is lol, The gas station that had this BTC-ATM didn't even know what it did! I'm sure you know that a lot of people are skeptical of crypto, they just don't get it! Maybe it's better for us! ha but you are right I wanted to show how Steemit is the real deal and bring awareness to the ATM :) Crypto to Fiat!
Thanks for your input @kevinwong
True localbitcoins.com may offer better price for BTC...
why where are you located and have you used localbitcoins.com?
great idea.
Thanks :)
Jeff Berwick knew what he was doing when he started investing in these machines. Wish we had a few in San Diego. I just buy silver with my BTC through JMBullion. That way i don't spend the money right away, and if i do need the cash I can just go down the street to the coin shop and sell my silver. Not the best method if you're needing fiat right away, but like i said we don't have any BC ATMs around here.
Im sure they will be coming there soon
I surely hope so!
I really hope they start putting them in my area soon.
Before you know it they will be everywhere :)
Very cool post!! Thank you @road2wisdom!!
You are very welcome @paradise-found :)
Really? How convenient is that. Which country do you reside. I do not think that this has appeared in Canada yet. If your Canadian and are reading this and know if we have them please do share. Thanks
USA in Florida
Gonna guess near Miami, because there isn't very many of those around here yet
Broward county actually.
Well I was right. I've heard they have them down that way
yes most just allow you to buy its rare to find one that lets you withdraw
I'm in Polk
Thank you. I travel to Florida at least once per year, oh you know Canadian who loves the sun oh about mid January. LOL I will be on the hunt for this machine when I get back down there. Thanks
snow birds lol
We have the instacoin ATMs in some locations, depends on where u r in Canada. Never tried them though.
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Thank you.
Your welcome, had a photo of them somewhere, will try to look for it, also here's their website :
https://www.instacoinatm.com/index-en.html
Thanks
Anytime :)
Great video and can't wait till those machines are in every store in North America
Thanks, I think they are in NYC now
Awesome. Let them machines spread like wildfire.
yes, wooo lol
:)
This made me happy for some reason. STEEM turns into fiat... I like it. I like it a lot.
Are those ATMs specially located or I can find them anywhere in Fl?
they are hard to find, most only let you buy glad it made you happy
Wow amazing. I wish this BTC ATM's will be available in my country soon.
what country are you in?
Philippines
nice
How is America today?
Good, nice and warm in FL lol
Warm? Is it summer there?
Slowly but surely it will get easier. Great share :)
yes it will, thanks @bitcoinparadise
This is so cool. I wish it was this easy where I live. Lucky you!
Thanks
Awesome. Thanks!
:)
hi,
nice to meet you~! i'm korea(kwak) , i want to fellowHi @kwak nice to meet you too! Thank you I will follow you back! I hope you enjoy :))
thank you,
see again^^ok! see you later :)
I use my paypal to get my bitcoins in fiat. Steem to coinbase via changelly. bitcoin to my paypal via coinbase and I got a paypal debit card. instant money. :)
Nice!
Hi road2wisdom,
Which company ran your atm? I tried to use one run by Byte Federal, and to BUY, they were asking $3300. That was a live 20% premium, and this is after their website claims "low fees" and "price based on Coinbase live feed".
You really called and got the fee dropped? Can you elaborate?
Hi @lexiconical It was Rocketcoin I have also used ones by, genesis, Athena and they all look they same with the exception of one thing, you can buy and sell on this machine. Always check to see on they website if the say BTC->fiat. Because here in FL, They are mostly BUY. That's crazy $3300!
I called because the transaction was taking too long and I was tired, I got the rep on the phone and I gave him my receipt code and the exact amount I wanted to take out. When I say he charged me nothing I mean It was $1.02 for 60$ instead of $73.02! He even told me on the phone I was lucky i caught him because on a normal day I would pay the normal rate. So always try calling first and see if they can lower the fee, they have the ability to lower it, they want to make the transaction with their BTC machines because not to many poeple know about them! They want them used up even if it means lowering fees. :))
Thanks @road2wisdom . I called the one near me and they confirmed they charge 15% over Coin base with possible additional fees depending on the location. Too rich for my blood.
Oh hell no! See if you can find or have Rocketcoin machines in your area, the guy who answers is very cool and he will work with you. I wouldnt pay those fees even if i was rich lol
I had no idea these existed! Thanks.
Cool RIght?!???!?!
very!
That is so cool! I have always wanted to try out one of these ATM's. Thanks for this post! Cheers mate
Hi @robertdurst10, I'm Happy you liked it :)
Thanks for the post.
Few know its this easy.
Thanks @madhatt
I like those silver bars! I collect ampex(better deal sometimes), Pamp Suisse, Maple leafs and kruger coins and bars. Both in silver and Gold I mention this because I saw some of your post! My favorite is Perth Mint! You have a new follower :) Ciao
Good luck sneaking that little lot through the customs at Athens airport! LOL! #thebigdream - my tip - Bitcoin the lot before arrival :)
P.S. Pamp Suisse is my favorite too!
https://steemit.com/travel/@mindhunter/a-perfect-day-in-the-life-of-mindhunter-in-geneva-switzerland
HAHA Trust me Greece and Italy are so corrupt! One pay out and I can bring ten of them there. HAHA Especially now, most of the people there are so hungry for money.
Dam you really do get around the world. Crazy! Very nice pictures. DO you ever plan on settling down?!?! Where do you see yourself in 5 years?
Italy, once your inside, yes. But coming from outside the EU the Italian border control is a nightmare! They've not had any terrorist attacks there yet and they are are proud of that and their strict borders!
To answer your questions, maybe, and coming to visit you on your on your Greek Island #thebigdream Ha ha! :)
Hey I can't be hated on because I was made this way! Intelligent ;) I don't use my assets to take advantage and you know that about me. I never have and never will. HAHA like Onassis uh?
No hatey, just lovey I promise <3 ... with laughy too!
Yeah! ... just like Onassis!
I love the map shaped series, and was quite fond of the dice.
Left you a follow too :D
I like them! The colors and the shape is great!
Thanks for sharing :)
I like it!!
Upvoted and resteemed. Good job!
Thank you @tzimis very much appreciated :) Following you! I will return the favor back soon :)
Very elegant process.
Thanks :)