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DotBling
USA Fan
Member since Oct 2019
962 posts

C$sh to BTC

Is there any way to move cash to BTC without going through a bank?


Snoopy04
LSU Fan
Republic of Texas
Member since Aug 2015
2763 posts

re: C$sh to BTC
Huh?


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21
horsesandbulls
LSU Fan
Destin, FL
Member since Jun 2008
4363 posts
 Online 

re: C$sh to BTC
Yeah send me the cash. I’ll handle it


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90
PhiTiger1764
LSU Fan
Lurker since Aug 2003
Member since Oct 2009
12625 posts

re: C$sh to BTC
Yes. Find a Bitcoin ATM machine. Google it. They’re all over.

I’ve never done it though.


TigerTatorTots
LSU Fan
The Safeshore
Member since Jul 2009
78923 posts

re: C$sh to BTC
You could have someone else send funds to a Cash App account and then buy BTC that way. Otherwise, I don't see many efficient ways to do this wiothout a bank


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evil cockroach
LSU Fan
27.98N // 86.92E
Member since Nov 2007
5976 posts

re: C$sh to BTC
quote:


Yes. Find a Bitcoin ATM machine. Google it. They’re all over.

this


nEVERhappy
LSU Fan
Geismar
Member since Sep 2009
321 posts

re: C$sh to BTC
So many people are clueless AF


go ta hell ole miss
New York Yankees Fan
Member since Jan 2007
11526 posts

re: C$sh to BTC
quote:

So many people are clueless AF


It seems like he’s trying to learn. There was a time when you did not know anything about crypto, too.


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210
TD SponsorTD Fan
USA
Member since 2001
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AndyJ
Member since Jul 2008
2279 posts

re: C$sh to BTC
man, the government will find it somehow and come down hard on you.


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02
Pendulum
New Orleans Pelicans Fan
Member since Jan 2009
6089 posts

re: C$sh to BTC
So out of curiosity, I used a bitcoin depot ATM near my house today.

Bought $200 of bitcoin. It discloses a $3 fee....I'm cool with that. The transaction goes through, receipt comes out and the current exchange rate used is about 52,100.... that's scam worthy, it didn't disclose this until after the transaction. Thankful I didn't buy more. Hit my wallet at like $132 bucks.

So yea, be careful with those btc atms
This post was edited on 1/15 at 2:45 pm


tigerpawl
LSU Fan
Can't get there from here.
Member since Dec 2003
19103 posts

re: C$sh to BTC
quote:

So out of curiosity, I used a bitcoin depot ATM near my house today.
Curious. Did the ATM take your picture or iris scan?


Pendulum
New Orleans Pelicans Fan
Member since Jan 2009
6089 posts

re: C$sh to BTC
No, I only bought $200 because at 250, you have to scan your ID.

I had to input a phone number for verification and they ask your name, i put in my real name, but they don't do anything to verify it, so you could put in anything you want. I believe the deposit limit resets everyday so you could go multiple times and just not exceed $250, but a 20-25% fee? Doesn't make any sense to use the service.
This post was edited on 1/15 at 3:00 pm


fallguy_1978
LSU Fan
Half mile from St George
Member since Feb 2018
37618 posts

re: C$sh to BTC
(no message)
This post was edited on 1/15 at 3:16 pm


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01
Shankopotomus
USA Fan
Social Distanced
Member since Feb 2009
20102 posts

re: C$sh to BTC
quote:

Bought $200 of bitcoin. It discloses a $3 fee


assuming when you said 20-25% fee you are talking about the spot price spread vs. what you got it for as well?


Pendulum
New Orleans Pelicans Fan
Member since Jan 2009
6089 posts

re: C$sh to BTC
Yes, I'm combining both the spread and fee together.


Shankopotomus
USA Fan
Social Distanced
Member since Feb 2009
20102 posts

re: C$sh to BTC
gotya -- wonder if it varies by brand or location where you might be able to grab better deals

bet there's a site for that somewhere



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