ATM

Additional_Ability47

Has anyone seen that Instagram account where it shows a guy in every video depositing money into an ATM from his car, buying BTC on Robinhood and refreshing to show the balance? He would buy like $25 every day.

RicoBelled

Only a fool would use a BTC ATM. The spread on any good exchange is quite low, and I;m not taking about paying tax on the sale, but having to keep track of a private sale that's not on-chain. Plus dealing with lots of cash etc. etc. Unless we're talking LARGE amounts of BTC, 2% is not even going to cover the gas to get to the place where you would MAKE the transaction. You want to have KYC free BTC, but your offer is insultingly low, not worth anyone's time.

Ambitious_Use_9578

In LA, do they have bitcoin ATM machines? Where I'm at, you can feed cash into the machine and buy bitcoin among other cryptos. Google "bitcoin ATM" to find something near your location.

npink1981

There is no loan. The Prefs generate money to pay dividends. ATM on common strategy stock is used to pay dividends for the Prefs. They have enough cash to pay the dividends for a couple of years at least without harvesting more cash

fudelnotze

Thats not possible in all countries. In germany there is NO possibility. There are some ATM but all of them are shutted down after some months. They state that there are ATM but they are not usable. You can buy giftcards with hardmoney (no KYC) but you can get the crypto only if you make a KYC then. Or you can register to a msrketplace like nonKYC but the payment methods require a KYC. So its definetively no way. ONLY way is to meet with someone to buy crypto from a person and give hard money. But then you dont know where the crypto is from. So it can happen that you become coins from a blacklisted (criminal?) Walletadress and if you transfer it to an exchange they will lock it.

Ghost_In_The_Ape

In my example above I was mostly referring to assets (stocks, etc). Things that require assigning ownership for dividends, record date, corporate actions. Strictly cash? Crypto is fast if you stay inside crypto. The moment you touch fiat, it’s not magically faster than modern banking, it's often worse. Exchanges, KYC/AML - on ramp / off ramp - jurisdiction rules for those exchanges. Or for example if you are in Japan, you can use an American Bank debit card and withdraw cash instantly from USD->JPY as in seconds at any ATM albeit subject to exchange rate fluctuations. The banks do the heavy lifting here. Or for same curreny across borders SWIFT gpi is same day - near real time tracking, minutes usually with UETR tx reference. So probably modern SWIFT is often faster than BTC, I imagine only transaction size (over 10k) would slow it down due to some sort of compliance check. For large cash transfers (over 100k USD) I think generally you WOULD want a compliance heavy middle man (bank) to save you from loss of funds or prevent theft and serious crime when something goes wrong

xxxx69420xx

Show me on the personal ATM were the trump family touched you

ProgramLow8782

MSTR's preferred STRC just bought a billion dollars worth of BTC through it's ATM issuance. They've been gobbling up all supply over the past month and a half and it's starting to consistently trade over 100 (on par) so the excess is used to buy BTC. check out [strc.live](http://strc.live)

ripple_mcgee

I hate recommending this, but maybe a crypto ATM is what you want...its quick and relatively painless. You just need your relatives receiving address on Tron and you can use a credit card to buy a limited amount. Just google map it, I saw one in my local post office the other day, they're everywhere. The downside, you will be getting ripped off. Like, 10% fee sort of ripped off. Also, some credit cards won't allow it.

mickalawl

Isnt the entire US government and US tax payers acting as Trumps personel ATM ? He wanted $10B for his board of peace slush fund and just took it no questions asked. And thats thr tip of the iceberg of massive corruption, looting and enrichment of the Trump family.

Defiant_Ad_7189

People are so fucking brainwashed. I use cash for everything. Well, I use bitcoin for some things also, but I pay for the bitcoin at the ATM in cash.

Defiant_Ad_7189

I use it as a tool, for transactions. I don’t have any bank accounts or regular credit cards to pay for my email and for my VPN using bitcoin. The company is based in Switzerland, and the disposable prepaid credit cards don’t work outside of the United States. So, I go to a bitcoin ATM, add bitcoin to my wallet, and pay my bills.

KCiDe

Bitcoin ATM's (Kurant) und Bitcoinbon in Trafik etc. gibt es alles leider nicht mehr -> KYC, MiCAR... Aus "Sicherheitsgründen", als wäre es besser bei einen "in person" p2p geschäft ausgeräumt zu werden🙄

AutoModerator

Post is by: MadSL1m and the url/text [ ](https://goo.gl/GP6ppk)is: /r/defi/comments/1sgzuj8/i_analyzed_fx_fees_across_139_crypto_cards_the_0/ Over the past few months I've been maintaining a database of every crypto debit/credit card I could find — 139 of them now, from major exchanges to obscure neobank wrappers. I kept running into the same problem: every card advertises "0% FX fees" on its landing page, but the actual cost of spending abroad is wildly different. So I went through the fee disclosure docs of all 139 and tried to extract the real, total cost of a foreign transaction. Here's what I found. **TL;DR** * Median FX fee across 139 cards: **1.00%** * Average: **1.18%** * Range: **0% to 8%** * 30 cards advertise "0% FX" but **17 of those bury a conversion/spread/stabilization fee** somewhere else * Cheapest cards with no hidden markup: Kraken, MetaMask, Bitpanda, BitPay, Gemini, Deblock * Worst offenders: Kemy (8%), MaxSwap (5%), SolCard Mastercard tier (5% top-up + 2% FX) **The "0% FX" trap — the thing nobody talks about** The dirty trick is that "FX fee" is only one line item. Issuers route the cost through other names: |Card|Advertised|Actual cost per foreign transaction| |:-|:-|:-| |Gnosis Pay / Rebind / Zeal|"0% FX"|\~1.5% stabilization fee on every tx| |1inch Card|"0% FX"|2% "card spend fee" per purchase| |[Crypto.com](http://Crypto.com) Visa|"0% FX markup"|\~0.5% conversion spread on crypto → fiat| |Wayex|"0% FX"|1% crypto-to-AUD on every purchase/ATM| |Bitrefill|"0% on EUR"|1.99% conversion if you fund with crypto| |Avici|"0% Avici fee"|Visa's 0.4-1% cross-border fee still applies| |Wirex|"0% FX all tiers"|Spread on crypto-to-fiat conversion| |Bybit|"0.5% in EEA"|**7% in Argentina**, 2% APAC, 1.5% Brazil| That last one is important — Bybit's "0.5%" headline only applies to EEA / Switzerland / Mexico. If you live in Argentina, you pay 7%. Same card, same issuer, 14x the fee based on your passport. The landing page doesn't tell you this. **Cards that actually charge \~0% (as far as I can verify)** These have no hidden spread, no "conversion" euphemism, no regional gotcha I could find: 1. **Kraken Card** — 0% FX, 0% annual. Only cost is the crypto conversion spread at checkout, which is visible before you tap. 2. **MetaMask Card** — 0% foreign, Mastercard standard rates only. 3. **Bitpanda Card** — 0% markup, pure Visa network rates. 4. **Gemini Credit Card** — 0% foreign (2.49% only applies to crypto purchases on the card, not fiat transactions). 5. **Deblock Card** — 0% advertised, no bank charge, instant exchange built-in. 6. **BitPay Card** — 0% foreign, standard Mastercard conversion. 7. **Pyra Card** — genuinely zero on everything (no spend/top-up/signup/liquidation fees). **Methodology caveats before you crucify me** * I parsed the **first numeric FX figure** from each card's disclosed fee text. Some cards have tiered pricing (Wise: 0.33-3.5% depending on currency) and I took the low end. So my median is probably **optimistic**. * 30 of the 139 cards either don't disclose FX clearly or use the word "spread" without a number. I excluded those from the averages. * Bitpanda, Kraken etc. still pay the **network** (Visa/Mastercard) cross-border fee of \~0.4-1%. They just don't add their own markup on top. When I say "0%" I mean "no issuer markup". * Fees change. This snapshot is April 2026. **What surprised me most** It wasn't the 8% card (Kemy is small, you'd expect it). It was **Bybit** — a top-5 exchange — charging 14x more in Argentina than in the EU for the same product. And **Gnosis Pay** (and its white-label wrappers Rebind/Zeal/Picnic) marketing "0% FX" while taking 1.5% on every transaction under the name "stabilization fee". That's the same fee by a different name. The "best crypto card" depends entirely on where you live and whether you read the fee disclosure, not the landing page. The rankings in most "top 10 crypto cards" articles rank by **cashback** and ignore FX entirely, which is backwards for anyone who actually spends abroad. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Choice_Potato_6279

Yeah if you use ATM you need a mask since they have cameras but if the coins are properly mixed then they'll only chase you if you'll use a public ledger and the mixed coins are tainted, if you contact someone online to make a deal in person you need to use tor, public wifi, use synched crypto wallet instead of public nodes and ideally a burner laptop but the biggest step is to mix properly.

Choice_Potato_6279

You can do fuck all just launder 1% of it via mixers, I would happily have such coins risking facing life sentence, would take 0 effort to swap it to Monero here and there, even few thousands a month would be a bliss then you cash it out via some ATM machine or p2p

coinfeeds-bot

tldr; Bitcoin Depot, a major bitcoin ATM operator, lost at least 54 BTC, worth about $3.6 million, in a hack on March 23, according to investigator ZachXBT. The breach reportedly went undetected for three days until March 26. The attacker targeted the company’s storage wallets, using 19 blockchain addresses, and some funds flowed to KuCoin. Bitcoin Depot said no customer personal data was likely exposed and has hired external security investigators. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CRWestbrook1

Which ATMs have no feed at casinos? They plethora that I’ve frequented have always have insane ATM Fees.

AutoModerator

Post is by: zarfistda and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1seprqb/breaking_down_the_true_cost_of_spending_crypto/ Been using a crypto debit card for a year and thought I'd share what surprised me about the real costs. At first it felt like free money - swipe crypto, get fiat - but fees stack: on-chain gas to move coins, exchange spread when provider converts, card network FX markup for cross-border purchases, monthly/annual card fees, ATM withdrawal charges, and sometimes a hidden reserve buffer set aside by the card provider. Small purchases amplified costs with fixed fees and bad conversion rates during volatile times. Pro tip from my experience: use stablecoins on-chain only when gas is low, avoid small frequent purchases, and compare spread+network fees (not just advertised cashback). Curious if others track effective % cost per transaction - mine averages 1.8-4% depending on coin and country. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

nllfld

Stopped reading at „the ethereum blockchain failed to process”. If I go to an ATM and try to withdraw a million, did the ATM fail when it throws an error?

BTC_Saviour_16

This is why I use a Bitcoin ATM when it comes to quick withdrawals. Yes, it does pack a bit of a punch when it comes to fees at certain ATMs, but I can get my cash quick, and most of the time, it's without doing KYC. As long as you feel comfortable using one, I don't see an issue why you wouldn't use one. Just make sure you do your research on them! If you've got an ATM like Localcoin ATM by you, that's great. They're pretty high quality and you can grab cash at any of their "Sell" machines.

samuscoped

People not holding BTC will tell you its too late but it’s not at all. Start DCA & dont sell anything for 5-10 years atleast. In 15-20 years it might be too late, but its not the case ATM.

HotExperience6196

I’ve wondered the same thing. From what I’ve seen, it’s not just scammers, it’s also people who either don’t trust banks/exchanges or just want something simple and immediate. Like if someone isn’t comfortable linking a bank account or dealing with KYC, an ATM is kind of a “walk in, use cash, done” option even if the fees are bad. Also probably gets used by people who are less tech savvy and just want a straightforward way to buy without setting up accounts. I still don’t really get why you’d choose it once you know the fees though, so I’m guessing a lot of users either don’t realize how expensive it is or don’t have many alternatives.

BTC_Saviour_16

Localcoin, literally the easiest way to buy crypto with cash. You can find the closest ATM here: [https://localcoinatm.com/bitcoin-atm/](https://localcoinatm.com/bitcoin-atm/)

AmbitiousPhilosopher

Using Bitcoin is expensive and slow, using an ATM is same, using cash is heavy, using the post is expensive slow and risky in some locations. I would just send the nano 2566337764226, and tell them how to trade it with a local that wants crypto.

Aazimoxx

Fair enough! OP is basically asking for impossibilities, that don't apply to essentially any other financial product let along crypto. Realistically he should just use a bitcoin ATM or something to get cash, then mail that to the technophobe.

Buffetwarrenn

Just checked No—not legally. The FCA says there are no crypto ATM operators registered to operate in the UK, which means any Bitcoin or crypto ATM you find there is operating illegally Searched on perplexity AI

F0rtysxity

Not that I know of. You will need to give some financial institution your information. CashApp is probably the most simple. Or if anonymity is your priority you could try a Bitcoin ATM. I have not seen one in a while. And they charge a premium for their services.

OkFarmer3779

The thing worth watching here is the ATM share issuance pace. Strategy's BTC accumulation is almost entirely funded by selling MSTR equity, when the premium to NAV compresses (which it does in drawdowns), the flywheel slows or stops. At 762K BTC they're already \~3.6% of total supply. The path to 1M BTC in 2026 requires either the premium holding up or new debt issuance. Not impossible, but the marginal buyer premium keeps shrinking as the strategy gets more crowded with imitators like Twenty One Capital.

Many-Blueberry968

Its not running straight to the bitcoin subreddit for advice, lmao. There are a dozen or so subreddits much better at answering your question. Or, just shove it all onto your nearest bitcoin ATM today. /s

ChampionWorried9640

download an open source mobile wallet and visit a BTC ATM, buy small amount and play around with it, test multiple wallets, buy something etc.

Hfksnfgitndskfjridnf

He has bought plenty of times this year with NAV below 1. Look at his purchase history in 2026, the majority of buys that were only common stock ATM resulted in a decrease in BTC per share.

blaziken8x

Are there any other reasons to use a BTC ATM other than if you're a drug dealer or an indian scam call center?

Zarigis

Having an ATM only support Bitcoin seems impractical to me. Why not have it also support other cryptos, or also support standard debit cards? 

setokaiba22

No because what idiot is using a BTC ATM with those fees?

Phantasizer

> Or perhaps I don't get well what is the problem you are referring to. Yes, I think you misunderstood me: I meant that if I am traveling or just spending time abroad, let’s say a few months, and I need a certain amount of local currency for daily use, if I use BTC, I will have to sell a certain (relatively large) amount of BTC, it is not practical to liquidate for example the equivalent of 500 US$ every month or every 2 weeks, or is it? So I guess I would have to liquidate a few thousand at a time, which is enough for a few months, but this means I have to safely store a few thousand US$ in the local currency, either in a hotel room or in a temporary place, which isn’t very safe. Whereas with a traditional account in fiat currency, I can just retrieve a few hundred at an ATM every time that it’s needed. And a credit card is relatively safe, if you’re smart (personally, in 15 years of living abroad at least 6 months every year, I never had money stolen. Only once my CC got cloned, but the bank caught it in time and I didn’t lose a cent. 

Phantasizer

To number 2): Of course everything is volatile, including gold, fiat currency, stocks and even real estate, but it depends to what degree, doesn’t it? BTC dropped 40% in a few months, that’s a lot more than almost any other asset, and it’s not the first time that this has happened (maybe not 40% in a very short time, but there have been strong fluctuations). It’s not really an argument if you use it as an investment, but if you want to use it as a means of payment (which is its only real world use), it’s a big problem. Consider the case of someone who purchased BTC when it was at 120k, in order to purchase real estate (or even just a car) in another country, and he had to delay the transaction (for unrelated reasons) just for a few months, he would be unable to buy what he was planning to. That is a serious problem, and as long as it hasn’t shown some stability over the course of a few years at least, will continue to be a problem. Fiat currencies suffer from constant inflation, but there are at least a few that have been quite predictable, over decades.   3) Yes, but as I said, if you just need money for day-to-day purchases, it’s almost negligible. Plus there’s the argument of security: with fiat currencies and credit cards, you can retrieve small amounts dozen or even hundreds of times during a year (as an example), thus never have large amounts of cash on your person or in an apartment, or maybe a hotel room. With Bitcoin you’ll want to exchange a certain minimum, in order to keep the relative fees low. That will either require you to use a bank account and ATM anyway (thus adding fees), or else live with the risk of having large amounts of cash stored on more or less safe locations, especially if you’re abroad and might not have access to a safe. Or is there another (better) way?

Least-Tea1918

What about a crypto card to spend it directly and withdraw at an ATM?

RepresentativeBug287

ATM

LV-426_realty

Accurate, when I used to dispose of the pc in ATM machines we pulled out we were required to drill the HD 4 times.

216_Cleveland

Well even if they saw your passphrase they would need your hardware wallet or seed. Point still is true, would you want anyone to have your ATM pin?

DarkUnable4375

Pin is only 4 digits. Even if they saw it, they need the bank card (or a copy), have daily max withdrawal limits from ATM.

216_Cleveland

Physical security matters just as much as digital security. If someone can watch you input your seed phrase or private keys, all the hardware wallets in the world won't help. This case highlights why operational security (OPSEC) is critical: private spaces for crypto operations, secure storage of recovery materials, and never letting anyone observe your access methods. For anyone managing significant holdings: treat your crypto activities like banking. You wouldn't let someone watch you enter your PIN at an ATM.

snek-jazz

And the majority of it from STRC ATM, not MSTR common. Amazing week for MSTR.

alarickeil

Totakky agree batching helps the network. It just feels a bit ironic when usery pay ATM fees and still wait hours to even see the transaction hit the mempool

Hfksnfgitndskfjridnf

Good call, just did the math and agree with you, looks like I am wrong for last week, but if you do the same math for other weeks this year, BTC per share has decreased the weeks they only issued common stock. Looks like MSTR is not being consistent in their calculations. They are not using ADSO in their calculation for marketcap and EV, but they are for BTC yield. Their market using ADSO is 52.3 Billion vs 47.8 Billion listed on their site. Since their marketcap using ADSO is slightly above the value of their Bitcoin, any sales of common stock would be accretive. Whenever marketcap using ADSO is below the value of their Bitcoin Bitcoin, common stock sales would be dilutive. So you can’t just say mNAV > 1 means issuing shares is accretive based on what Strategy is using for mNAV. In this case it’s around 1.15 mNAV where the break happens between increasing/decreasing Bitcoin per share when issuing common stock. Earlier in the year MSTR was trading below 1.15 mNAV which is why Bitcoin per share dropped in those weeks that they only bought BTC through common stock ATM.

0xParcel

The real risk most people miss is not the unrealized loss - its the dilution math. Strategy has been issuing ATM equity and convertible notes to fund BTC purchases, meaning MSTR shareholders are paying a premium over NAV to access BTC they could just hold directly. When the premium collapses (and historically these premiums revert hard), the equity underperforms BTC even if BTC recovers. Saylors wait thesis is fine for BTC holders. Its a different calculation for MSTR stockholders who bought at 2-3x NAV.

sasquatchington

Makes plenty of sense. That’s when they can ATM the most because people are trading as MSTR is at ATH lol.

MF_Price

I hope you get that sorted out but serious question... What compelled you to buy $20 worth at an ATM? You're burning 20% right off the top and probably buying at a higher spot on top of that. It's as if BTC is at 70k and you placed a buy order at 90k. Seems silly. Just curious what the reasoning could possibly be.

kaicenat2341

The problem is it hasn’t been broadcasted for hours. From the helpful responses I think it’s because they wait until there has been a certain amount of transactions on the ATM until they broadcast all of them in batches.

Jaded_Hold_1342

I think the days of high mNAV are long gone. The short sellers would squash that in a heartbeat if it came back with the Chanos hedge play. (short mstr, long btc squash the mNAV down to 1). Eventually debts will come due and the mNAV will collapse <1 while shareholders fret over how that gets resolved. Saylor will never want to sell btc... so he may just keep doing ATM and more dilution with mNAV<1 to avoid needing to sell BTC... that would dilute shareholders and cause mNAV to drop further, but it might be preferred to selling BTC since that would crash the BTC price. I think there's a couple years runway before all this plays out... the cash pile is sufficient for now.

pezdal

Yes. It is shitty if they haven't broadcast it yet. One possibility is that for low dollar amounts (during expensive fee times) the ATM operator waits for several deposits from different customers to batch them together into a single transaction. Exchanges do this a lot.

alarickeil

The fact that it hasn't even been broadcast yet means it's likely the ATM operator holding the transaction, not the Bitcoin network. Once it's sent, it should show up almost instanly as pending. Unfortunately a lot of crypto ATMs batch transactions or delay them. While still charging huge fees

kaicenat2341

Yes, its not confirmation I am worried about but the ATM hasn't even broadcasted it to the mempool. Is that not an issue?

Ok-Ship812

So the ATM operator loses the 25k instead? How does that stop the scammers profiting?

Nicaddicted

There just shouldn’t be a Bitcoin ATM in general. It’s purely to scam people

I-J-Reilly

Really wanted to see a bunch of actual bitcoins spilling out of that ATM.

Whocanmakemostmoney

Why bitcoin ATM machine? It doesnt get involved in scams

Available-Rutabaga-6

Just withdraw from the ATM? Why do you need to go into the branch?

lacksfish

You're not wrong. But other than unsuspecting elders it is the ATM operators who charge >10% fee. I'm actually fine with the paper bills being returned to the scammed elders. Let the ATM operator figure out the loss with their outlandish exuberant exchange fee. 🤷🏼 I think this is *at least* an interesting approach to return the paper bills.

Personal-Ebb-4717

That's not how it works. Imagine you buy a 100$ gift card from 711, and you send the gift card to a scammer. And then you call the police to break into 711's cash register to get the 100$ back cuz you've been scammed. Ridiculous. If i was that ATM's owner, i would sue the police/city for damage and theft.

Anantasesa

Well automatic was already redundant when the word machine was included and then you have people calling it an ATM machine which is equally dumb. So it just keeps the familiar format with a single letter change. Makes sense to me.

Anantasesa

More like the ATM sent the BTC to the scammer after gullible people paid to buy said btc for a scam reason like to cover their "IRS debt". ATM just sent it where they told the atm to send it. Only "theft" was the scam to deceive them into sending their purchased coins. Funny they don't crack down on zelle transfers to scammers like that.

Anantasesa

You put money in and scan a qr code to enter the address you want your btc to be sent to. ATM owner can't have "unsettled coins" as the transaction requires the ATM to send the purchasesd coins upon purchase.

Lolrami101

So, are they cutting the ATM open to take the bitcoins inside the machine?

Cedric_T

No, banks have too much security and lobbying power. Best to rob the bitcoin ATM.

thinkingmoney

Ser, ATM stands for automated teller machine. When you leave the A out and replace it with an b it isn’t automated anymore. Then it’s just a paper weight. Nobody needs that big of a paper weight

KyuKitsune_99

The problem with some of these is that the deposit or "withdrawal" is directly to the scammers wallet and the person never gets custody of the tokens most of the time. As many problems crypto could solve and 'okayish' applications, this is evidence that it is still in infancy. As flawed as fiat and international banking is, it evolved some protections and limits. Banks have humans and some fraud detection and a larger number of people have been saved by it, we just don't hear the good cases very much. Yeah most banks won't entertain clawing back a settled transaction with fiat. But, as unlikely as it is, if authorities recover the money, some of it at least will be recovered. The digital equivalent is an unacceptable thing to crypto. A rollback is one of the cardinal sins you could do, even when necessary. The inflexibility and anonymizing tactics make it such an excellent vector for fraud unfortunately. Crypto value remains fueled by speculation, weak/leveraged anchors to fiat, or just flat out fraudulent/laundering activities. Lastly the ATM owner should and very likely has hedges to this risk or operating procedures to mitigate the risk, otherwise they have no business transacting financials. No details if the ATM owner actually settled the transaction on the chain or if the original victim actually transmitted the coins if they got a token out of this. Unlike the Circle K case, it seems like we have no details about how the ATM or the ATM owner handles their operation, so it's more than likely this happened due to not being reachable. The fact that this happened at the speed of US law and that amount cash was still in there means that this is a very small disorganized operation that didn't even dispatch to empty. Some of the blame / risk is on the ATM owner and would not be surprised if they still have the tokens unsettled, but might be unwilling to negate this transaction because of a change in value of said tokens.

onfroiGamer

Well these ATM owners should have insurance

defiCosmos

Was the Bitcoin IN the ATM?

TurbulentAd976

For some reason you keep calling me american but okay 🤷🏻‍♂️ No sane economy punishes people who provide for themselves. A bitcoin ATM is a legitimate business.

exomyth

So they robbed the owner of the ATM? If I ever get scammed I can rob a bank too, yeah?

Trueslyforaniceguy

The bitcoin ATM operator accepted the stolen money? Or what’s the thought process on cracking this thing open? Am I missing something?

CreatineAddiction

Won't someone please think of the bitcoin ATM owners!! **Clutches pearls**

East-Cricket6421

The sad part is this does nothing. The thieves use BTC as the payment but the person who sold the victim the BTC (in this case whoever owns that ATM) likely has nothing to do with that. This would be akin to a scammer getting you to hand them a cashiers check via fraudulent means and in response the local police go and take your money back from the bank. Unless the ATM operators were also miraculously the scammers, then all you've done is create a new set of victims with this move.

Its_Sunaina_

solid writeup and matches my experience pretty closely. the ATM thing is real, i stopped relying on cash almost entirely because of it and just use contactless for everything. the few times i've needed cash i've used my backup card. the privacy point is something i think about a lot actually. when you're moving between countries the idea of having a unified transaction history that follows you everywhere is genuinely uncomfortable. having a card that operates with a lighter footprint feels like the right call when you're traveling long term

habbadee

It's been a few months since they've added to the reserve and they have issued a lot of new STRC, so the runway of that reserve is diminishing. Of course, all it takes is one common stock ATM to top it back off again, but as of this moment a claim of 2.5 years of reserve is well exaggerated. Most likely under 2 years at this point for current dividend obligations and well under 2 years if you consider likely obligations as they continue to aggressively issue new STRC

Turbulent_County_469

Just ATM the money out bit by bit

dj_destroyer

If you think a Bitcoin treasury company is the same as an ETF, you haven't been paying attention. Take an excerpt from a previous post of mine: "-Common Stock (MSTR): Used extensively through "At-the-Market" (ATM) programs, this is the most volatile, high-growth equity, offering leveraged exposure to Bitcoin. This is highly accretive to existing shareholders when MSTR trades at a premium to its Bitcoin holdings. \-STRK (Convertible Preferred): Offers an 8% annual dividend and can convert into common stock at a premium ($1000 per share), targeting investors looking for income with potential equity upside. \-STRF (Income-Focused Preferred): A 10% fixed dividend preferred stock designed for income-seeking investors, lacking the conversion feature. \-STRD (High-Yield Preferred): A 10% non-cumulative preferred, carrying higher risk for investors seeking maximum yield. \-STRC (Variable Rate Preferred): A newer "Stretch" preferred, often providing high, variable yields designed to compete with money market funds while funding further Bitcoin purchases." Sure, if Bitcoin drops to $10k for a sustained period of time, the music stops -- but as my girlfriend Lyn Alden says: nothing stops this train. Bitcoin has no top because fiat has no bottom. Finite scarcity blah blah blah

mindfulofidiots

Fuck me you can barely fill a trolley in Lidl with that ATM This is fuckin wild!!!

Dragnskull

in the mid 2000's i had a simliar meltdown as this guy because I walked into capital one to withdraw something like 200 bucks to pay a phone bill or something and they told me they can't give me my money because the systems currently down. Keep in mind tech wasn't quite as universally integrated at the time, things like apple pay and venmo and whatnot didn't exist, the only online payment method really was paypal, i dont even think smartphones were really a thing yet. I was also young and didn't have a credit card Anyway, "can you like, write down the transaction and update my account when it's back up?" no "okay well where's the next closest capital one so i can get my money from there?"- sorry sir our networks actually down so none of our banks in the area can process anything "...so how am I supposed to get my money?" you'll have to wait, it should be up today or tomorrow. You can use an ATM in the mean time "okay so can i use your atm here?" no our system is down but you can use other ATM's that arent capital one "that'll cost me in fees though, right?" yes "so I can't have my money? there's nothing you can do to let me use the money im storing with you guys?" nope "Alright, I want to close my account then." sorry we cant do that because our system is down at that point I started losing my shit like this guy ranting about how i hate banks because of crap like this, and as I start to walk out of the bank the greeting lady that stands at the door has the nerve to say "well see that's why you should have one of our credit cards so you can use that if the system is down :)" Absolutely lost it at that point- "THE SOLUTION TO YOU GUYS HOLDING MY MONEY HOSTAGE... IS TO TELL ME I SHOULD SIGN UP FOR MORE OF YOURE SERVICSE?! YOU GUYS ARE FUCKING INSANE." as I stormed out lol. a week later i went back and closed my capital one account and moved to wells fargo. I stayed away for about 15 years until I wanted a signup bonus and opened an account again

curious_spectrum

It’s not someone looking to sell me or invest in bitcoin directly. It’s investing in bitcoin ATM’s in Thailand

Mitragyna411

Cool. Kraken has always treated me well. Years ago when I was the second person in my state to put in a BTC ATM, they were the only legit place willing to work with me and help navigate the AML/KYC world and help keep me out of trouble. Been with them for about 10 years give or take. Glad to see them doing well.

No_Reporter_2341

btc dont sound like high risk ATM

sean_hash

800/day is like 4% of daily mined supply post-halving, real question is what happens when they run out of ATM allocation

Raaaa225

ATM my mum made 12k from btc enough to cover for her house renovation

FnAardvark

That doesn't make the "flight risk" argument they are making any better, which is my point. There's already better things than a checking account at Chase that you have to pay fees on to keep open unless you direct deposit. Let's not forget ATM fee's and zero yield.

CoffeeAlternative647

You forgot to mention the amount of power needed to keep branches and all their machinery, servers, ATM's, TPA's

FnAardvark

I don't understand the banks "flight risk" argument on yields. If I park my money in a fidelity account, I get a 3.32% yield, a debt card, checks if I want them, and they pay all ATM fee's. It's literally 10x better than a traditional checking account and where's all of the flight?

Deionize_Deionize

Cool. However most ATM enact a heavy fee above the spot price. A better infographic will be the usage of these ATMS...

PeaMuch5965

Glad you liked it. The global Bitcoin ATM growth really shows how far we've come from just online exchanges to real world access. It's one thing to buy Bitcoin on an app, it's another to walk up to a machine and grab some sats with cash. That's tangible adoption.

Careful-Confidence13

Is there any Belgian here? I’m going to Belgium in a month and I’ve seen there isn’t a single ATM in the whole country, is that possible?

aaj094

If STRC > $100, there is a demand tap on for BTC (using ATM share issue proceeds) and any selling needs to outweigh this demand for price to go down. Yield on STRC is 11.5% pa so it's sweet for yield investors and hence primed to stay near $100.

coinfeeds-bot

tldr; Strategy Inc. has acquired an additional 3,015 BTC, increasing its total Bitcoin holdings to 720,737 BTC as of March 2, 2026. The purchase, funded through share sales under its ATM equity programs, cost approximately $204.1 million at an average price of $67,700 per Bitcoin. The company's cumulative Bitcoin investment now totals $54.77 billion at an average acquisition price of $75,985 per coin. Chairman Michael Saylor confirmed the details in a social media post, emphasizing the firm's commitment to Bitcoin accumulation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

IBAN-IBON64

ATM BITCOIN mais les frais importants. Hodlhodl BISQ

fondoobious

Needed an emergency top up of under $100, so I had to pay the 20% at a CoinFlip ATM. First message you get AFTER your buy is: PLEASE NOTE THAT YOUR PURCHASE MAY NOT BE SENT IMMEDIATELY FOR SECURITY/CONSUMER PROTECTION REASONS. No idea if/when they will ever send me my BTC

Django_McFly

If I withdraw money from bank account at an ATM and then someone scans me out of that money, we generally would blame the scammer instead on the ATM maker. "You should have known it was a scam! Nobody ever withdraw or deposits money via ATM"

JayordanJolly

Bitcoin well ATM

coinfeeds-bot

tldr; The Massachusetts Attorney General has filed a lawsuit against Bitcoin Depot, a major crypto ATM operator, alleging it knowingly facilitated scams that defrauded state residents of over $10 million. The lawsuit claims Bitcoin Depot used misleading tactics, overcharged customers, and allowed fraudulent transactions, with over half of the money processed in Massachusetts linked to scams. Bitcoin Depot denies the allegations, stating it prioritizes compliance and consumer protection. The case highlights growing concerns over crypto ATM fraud and regulatory scrutiny nationwide. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

niddess

No BTC ATM in my country