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Started By
Message
C$sh to BTC
Posted on 1/13/22 at 1:25 pm
Posted on 1/13/22 at 1:25 pm
Is there any way to move cash to BTC without going through a bank?
6
Posted on 1/13/22 at 2:09 pm to DotBling
Huh?
Posted on 1/13/22 at 2:11 pm to DotBling
Yeah send me the cash. I’ll handle it
Posted on 1/13/22 at 2:31 pm to DotBling
Yes. Find a Bitcoin ATM machine. Google it. They’re all over.
I’ve never done it though.
I’ve never done it though.
Posted on 1/13/22 at 2:38 pm to DotBling
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
Posted on 1/13/22 at 3:14 pm to PhiTiger1764
quote:this
Yes. Find a Bitcoin ATM machine. Google it. They’re all over.
Posted on 1/13/22 at 5:46 pm to evil cockroach
So many people are clueless AF
Posted on 1/13/22 at 5:58 pm to nEVERhappy
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.
Posted on 1/13/22 at 10:44 pm to DotBling
man, the government will find it somehow and come down hard on you.
Posted on 1/15/22 at 2:42 pm to PhiTiger1764
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
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 1/15/22 at 2:45 pm
Posted on 1/15/22 at 2:46 pm to Pendulum
quote:Curious. Did the ATM take your picture or iris scan?
So out of curiosity, I used a bitcoin depot ATM near my house today.
Posted on 1/15/22 at 2:51 pm to tigerpawl
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.
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 1/15/22 at 3:00 pm
Posted on 1/15/22 at 3:04 pm to DotBling
(no message)
This post was edited on 1/15/22 at 3:16 pm
Posted on 1/15/22 at 3:24 pm to Pendulum
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?
Posted on 1/15/22 at 4:16 pm to Shankopotomus
Yes, I'm combining both the spread and fee together.
Posted on 1/15/22 at 4:33 pm to Pendulum
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
bet there's a site for that somewhere
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