ATM

Moth_LovesLamp

More just avoiding KYC in general. I REALLY don't want to send any documents. I've looked into Bisq but it was too confusing. Spike to Spike allows me to pay using physical money with an ATM where I live.

theabominablewonder

Bitcoin shop with ATM, merchandise, books, etc, with referrals on to a multi sig provider like Casa or other financial service providers/advisors (referral commissions can be a decent sum). Set up lightning network payments with a discount for merch purchases. Then trial stuff like refund mechanisms. Use the physical store presence to invite local businesses and get them onboard, offer seminars or training or other stuff like using your lightning node. Depends where you are based though as legal requirements are going to be different in each country.

repomies69

The banks are really irrelevant, really. They start loving BTC at the instant moment when they invent some way to skim fees from their customers with it. Like Blackrock did 180 degree turnaround after the ETF launch. The bankers and the companies running these ATMs are pretty much the same. Actually I wouldn't be surprised if some bank buys these ATM operators at some point.

repomies69

These ATM operators are worse than banks, LOL. My bank squeezes me on the FX fees but not at this level

Redline65

Probably the closest you could get is to use a non-KYC ATM in another country to get local currency. But those ATMs screw you so bad on the conversion you might be better off just paying your taxes. It’ll keep you out of prison too.

SloppyP1zza

Interesting take. I can’t walk a shopping mall without seeing a crypto ATM. Computer at work shows Bitcoin market movement daily. Gas stations allow you to pay in bitcoin. Majority of my friends have held bitcoin previously or currently hold it. Maybe it’s not mainstream but to say it’s far from mainstream, you’re kidding yourself.

DaddyDontTakeNoMess

Thats a good argument. And I'll be the first to tell you that I havent done all the work on Chainlink specifically from the tokenomics side (ive done development with it). But i've been in this game for 3 cycles, and I've learned that "use" doesn't mean "positive price action". Crypto, outside of BTC is largely like a fashion show. Some coins are trendy and attractive, others are like bell bottoms, that went out of style, though they are being used. How many times have we heard "this token is being used for this now", but there was not rise in price? It's frustrating when deals are bieng made and projects gain momementum (over multiple years), but still can't get back to ATM, meanwhile BTC has done a 3-4x over the same time period.

Over_Reputation_8801

The ATM machine grilled you?

holyknight00

As long as btc is not recognized as currency, it won't be easy to deal with. Imagine getting a taxable event every time you got to the ATM for groceries.

NixAName

If you've never declared you own it on taxes, then as long as the ATM doesn't require ID. I can't see how they would find out. That being said,nothing is impossible.

NixAName

Or you can withdraw it at a cash ATM and use it for living expenses, holidays, liabilities and fun.

PrinceWhoPromes

Bitcoin ATM but the fees are crazy. Or have a friend send you some and give them a tip

empanadaboy68

You should've used a Bitcoin ATM so u didn't have to pay taxes, but paying a mortgage down with cash will get the IRS at your doorstep anyways. Nice luck! 

terp_studios

If someone gifted you a stock and you wanted to sell it, you sign up for an exchange, connect your bank account, sell the stock and transfer to your bank. It’s the same with bitcoin. Sign up for a reputable exchange, this depends on why country you’re in. Connect your bank account, sell the bitcoin and transfer to your bank. It’ll probably take a few business days or a week in total. You have to go through identity verification for any reputable exchange. There are a few more options like a bitcoin ATM depending on where you are. This will come with extremely high fees.

CapitalIncome845

You can Mine. You can Go to a bitcoin ATM. Don't be a broke cheap-ass beggar.

Clean-Captain9933

Algorand is an underrated beast ATM

Oldfamilyguy

He can use the BTC ATM at the town well.

Significant_Grab_173

Not any single Bitcoin change/ATM at any city around you? That can save you on fees if you go there once a month or two to buy bitcoin straight from your country currency.

NorthComparison4356

FIAT finance system with all its infrastructure (ATM machines etc.) burn about 5 times more energy. And Internetporn burns as much energy as bitcoin does….so this energy argument is useless….

rekun88

Easiest is probably Bitcoin ATM, or physical Bitcoin storefronts, which exist in most big cities across the world. Most have no KYC under $1000 or some similar threshold, and you can cash out slowly to cover regular expenses/spending. Downside is it'll probably cost you 7-10% in fees when doing so in such small amounts. Or, you can just HODL for a few more years in hopes that Bitcoin adoption will mean you can spend it in restaurants, travel, etc. Or just spend it on escorts and/or drugs.

Erocdotusa

Give us a break on the ATM man. Bmnr needs time to grow

Dr-Mumm-Rah

"Please insert one kidney into the ATM."

freakythrowaway79

Yeah, the media is coming down hard on the BTC grifting. Especially with these scam BTC ATM machines that are taking elderly folks $$. They finally ripped out the 1 at my local Cumbys store.

DreamingTooLong

Here’s the easiest thing you can do with that 40K earning nothing in interest Open a Fidelity cash management account and just let it sit in the USD balance They will give you 2.2% APY for doing nothing You’ll get about $65 or $70 in interest of every month with $40,000 You can also purchase bitcoin inside Fidelity cash management and they give you the option to transfer it out to a hardware wallet or receive from a hardware wallet. They also give you a debit card and they refund the fees at every ATM worldwide. 24/7 Customer Care but they will charge a fee to buy or sell assets over the phone. Mutual funds, you can buy and sell over the phone without any fee though. Mutual funds are great for a child’s college fund. That’s what my parents did for me and my sisters when we were little. They are very low risk and they earn more than a CD.

GodSigmaGigaChad

It's not about stealing ETFs, it's about actually owning the asset. The whole point of Bitcoin is to be decentralized, not tied to banks. That's literally the appeal. Peer to peer transactions. But if you want remain tied to a bank by all means. They might not steal it but they could stop you from selling at an all time high. If you can't remember a 6 digit pin, you know a pin that you would use on you're own phone, bank ATM then that's a you problem. Plus someone would need to physically steal your hardware wallet AND know the password to make any transactions. If you have your seed phrase, you can restore it. It just sounds like you don't believe in the asset and want a quick payout.

Gubbie99

I think he might be correct. Millions of ETH is shorted ATM… what happens when institutions and traders buy back? If ETH suddenly nears new ATH we have liquidations of bears and hype like no other and alt season kicking in for a short while. If ETH jumps to $4700 now, forcing buyback of 10m ETH across various of defi platforms and CEX the momentum would keep going onwards. But hey… who knows? If people don’t buy price will decline. It’s just a question of how much discount people want. Buy low, sell high or buy high, sell low. It’s a free market so ppl will do what they want with their money. 🤷‍♂️

noctecaelum77

I bought MSTR near ATM last year. This here is a walk in the park.

Terhonator

Convertibles are not the game anymore. It is about fixed income for now. And common stock ATM.

ingolius

ATM with high fees but without KYC.

KeyCombination1802

Silver , palladium , gold , anything is better than this shit ATM

el_rico_pavo_real

Good ol Strategy only tapping the ATM when mNAV is accretive.

FastPenguin-7

Find a crypto ATM you can use to use cash to buy and directly deposit in your non custodial wallet app.

maly_krtecek

You can buy crypto through BTC ATM and use non custodial wallet how is that not anonymous

louieAPL20

2008 over here and saw an article about, didn’t understand how or where to buy it at the time, YEARS go buy and I see a Bitcoin ATM in a mall, I stick the last couple bucks I have into the machine it prints out a QR code on lottery paper I stick it in my wallet and forget about it, it’s 2025 and I recall having 4-5 Bitcoin on a QR code made of lottery paper…..

TwitchyArtist

I have no intention of actually investing ATM just getting ready to invest after the real crash plus right now I'm practicing for the real thing. Just bought a margin order on eth 10x leverage with $5 so I guess I might loose $5

elise96nl

I don't know anything about crypto or stocks. I'm here because my x timeline is full of crybabies losing money's. So I had to Google this thing called cross margin. Sounds like the dumbest thing ever. Is it like playing blackjack in a casino? But instead of only losing what you bought in chips. The casino is allowed to beat you up, and two big muscle guys accompany you to the nearest ATM to take money you didn't really wanted to bet. Because you have a 15 in a row losing streak?

UnusualWoodpecker466

I use virtual and physical Zypto Visa cards, both through ZyptoApp. Clean, user friendly UI/UX Acceptance worldwide, ATM withdrawals enabled Super responsive inApp customer support Cashback and other perks for Zypto token holders Affordable costs/fees Overall rating: I've never experienced better crypto cards so far

jwz9904

crypto is Trump's 24 hours ATM via hyperliquid.

crytpotyler

Dont expect crypto to be what it was. Trump ruined it. He and his are using it like an ATM when they want to.

heartbreakcity

That's just how that particular bitcoin ATM worked? I think they were still pretty new, then. I was at that conference, used the exact same machine, and got the same sort of paper wallet. The buy price was a little higher than actual value, but that's how basically every bitcoin ATM works.

AussieSjl

BTC gains value independent of fait. Scarcity and desireablility will ensure it will appreciate over time. ATM it is still a long-term investment, but soon it will appreciate much quicker as more people get on board.

omniumoptimus

Crypto ATM is more profitable across time.

Whole-Philosophy3727

$125.1k per coin USD ATM. Sweet dreams everyone

budmanm3

Gas station ATM

seambizzle1

Depends where you live If you’re in the US that has a global banking system and an ATM at every corner and a government that won’t confiscate you’re money for no reason and don’t have local gangs or tribes or corrupted politicians going to your house to steal it then yes, people are more inclined to hold bitcoin then spend If you’re living somewhere in Africa that has zero global banking system. No ATMs. No way to safely store your money. And constantly worrying about an inept government that doesn’t care about its citizens or currency and will cause hyperinflation just to make their leader look good. Or having to worry about local gangs running up in ur house to steal cash and gold, then yes. These people will be using bitcoin to save and purchase things It’s all about perspective

No_Investigator3369

Both. Do you have any e-trade account? I literally have an ATM card. I can sell mine that's sitting on the exchange and then pull dollars out. There's fees obviously involved. But I'm not going to do it without making a profit of course.

YoungScholar89

They report ATM activity each week and the numbers you mention from last week was when they had to pay dividends for all their preferreds (3 of which only pay on a quarterly basis). So hardly representative.

Lwilliams8303

It's no longer the "new investment" medium it once was when the rest of the world began adopting it. So the fomo excitement is gone for the moment. Also, people have much bigger things to worry about than Bitcoin ATM. Now when it starts getting closer to 150k-200k it will wake up again and people will start buying high and selling low again. No worries.

CipherScarlatti

Another ATM (All-time 'meh').

AccomplishedView4709

You never heard of ATM processing fee? If you use a non bank ATM overseas, many more fees will be tagged along.

IamCharlotteDubois

Yeah, running a Bitcoin ATM isn’t as easy or profitable as people think. Been keeping an eye on bitMachina here in Ottawa since 2019. They’ve managed to stick around by offering a few different ways to buy and being pretty clear about how it all works. Not perfect, but better than most.

Nick700

They're talking about the ATM fee which gets added to each transaction and it's more like $2.50 not $7

willzyx01

This isn't remotely the same though. If you a foreign ATM, you will absolutely get hit with a processing fee on the backend (unless your bank refunds it).

dunndone

In the UK for most ATM’s there are 0 processing fees.

Engineerofdata

Ya, if the ATM is out of network then it is a $5 fee.

FeathersOfTheArrow

Americans really pay a fee on ATM? tf 😂

asselfoley

I took $100 from the ATM, but only $93 came out. WTF?

Amber_Sam

You're looking for a Bitcoin ATM (coinradar), or a P2P like BISQ, robosats, hodlhodl, peachbitcoin or vexl.

adrianbowden

Depends on where you are or what you’re looking for. If you use brokers you won’t get actual bitcoin. Minimum what you want is an exchange like either Kraken/Coinbase/Binance buy it and send it to a wallet like BlueWallet or something or you can go deeper and start your own node and either mine it or buy it at an ATM or in person so you have no digital trace back to your identity

Swapuz_com

Mining isn’t an ATM — it’s a margin game, not magic.

IvanTechnoOp

Most of the actual usage of bitcoin I actually see irl is people buying drugs. That should be legalized, ofc, in my opinion, but the point stands. You walk by a bitcoin ATM at night and you can see a typical "investor" showing signs of heavy heroin abuse while trying to stuff notes with shaking hands (maybe I'm too pessimistic and that's just what bitcoin does to maxis, lol, but I don't think it's that bad - don't do heroin please). Regular folks meanwhile are fine sending each other dollar-backed stables (I think the main difference is just that you have to kyc when exchanging stables otc but bitcoin can be bought and sold anonymously at bitcoin ATMs - price volatility and transaction fees/delays is annoying but still better than going to jail, you just offload it quickly enough so that price doesn't change much and it's just like paying fiat with ~10% fee on top)

Anxious-Barnacle-799

I set up a joint savings with my daughter. We use the same bank. When I need to send her money, I put it in that account and she has immediate access to that money to transfer to her account or withdraw at an ATM. Your dad could do the same. Another option is to not rely on anyone except yourself for support. My parents were poor, and my dad told my brother and I that he has no means to help, so we better get good jobs and make good decisions with our money. Bitcoin is a good investment, but sending money causes taxable gains and tax liabilities. Until the laws change this, it isn’t the best way for people to make payments.

Boring-Might-8058

This ATM 🏧 is at really safe location . Close to pentagon

Fireman77333

I just use check and i get money within 24h if i do it with the machine made for that You probably did it with ATM or letter format

50sat

Don't blind yo8urself to real efforts, though. There are 'utilities;' that provide value in crypto, just as there are in finance. Many of the greatest failures have been due to bad management, 'cheating' in one way or another, stuff like that. human failures. I don't care to shill your post or be like 'not me' but also - I have built a small ecosystem. The liquidity generates fees, and the fees are stored in a buyback account, accessible to users at any time. I've been experimenting for some time (literal years) with variations and right now I'm expanding an ecosystem that is actually working. Even though the numbers are pathetic ATM.?It's real "fiscal utility' and about leveraging capital into MEV basically. Is it 'Obviously worth a 10b valuation!!"? Nah, but it's not a meme. Here's another one for you, any token with 1 liquidity pool, I call this "goldfish bowl". Make some triangles, find a system or partner to integrate. Just fucking pair against more than one token so your 'investors' aren't, basically, fish in a barrel for extraction.

radieon

It goes in the Bitcoin ATM

SouthernGoal4836

You’re overpaying by 16% for the stable coin but that would allow you to buy BTC at an effective rate of $127k instead of the $136k that is listed on the ATM. Of course uses this at all is stupid but some choices are less stupid then others.

restore_democracy

I think you deposit it in a bitcoin ATM

coinfeeds-bot

tldr; Singapore and the UAE are the most 'crypto-obsessed' countries, according to ApeX Protocol. Singapore leads with 24.4% of its population owning crypto and high search activity, while the UAE ranks first in ownership at 25.3%. The US, Canada, and Turkey follow, with the US excelling in ATM availability and Canada showing the highest adoption growth. The report highlights rising global crypto adoption, with countries like Germany, Switzerland, and Australia also in the top 10. Crypto is increasingly integral to financial futures and digital trust. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Attempt-According

Don't sell, just swap it for a stable coin and transfer it to the wallet of your choice that uses an ATM or credit card to spend your money, or you can sell stable coin slowly then transfer in small increments back to your bank account,another choice would be to leave your stable coin on the exchange earning 4+% interest and just spend the interest that is earned on your principle, which is taxable btw, you can also start an LLC in a zero tax state such as Wisconsin or Texas and even Nevada ,put yourself as the beneficiary, sell BTC through LLC and wallah no capital gain taxes at all..

ContentBlackberry0

try one of those liberty ATM maybe?

Downtown_Ship_6635

Find a Bitcoin ATM. It will accept cash and send it (with quite some fee probably) to the address you enter (probably via a QR code). Find details for a given ATM on the web (also your nearest one). These are often in shopping malls...

Cool-Mom-Lover

Im currently visiting Austria. It costs $235-$244 (not including ATM fees) to pull out $200 euro

MonTigres

Could use a crypto ATM. This site will tell you ATM locations near you. No info about fees, though. [Bitcoin ATM Map – Find Bitcoin ATM, Online Rates](https://coinatmradar.com/)

69_________________

Same. Used a bitcoin ATM in the shady bodega. Got about .2 at the time for a few hundo.

RustySpoonyBard

I boughh from an ATM.  100$ got me 0.44 of a Bitcoin.

totalmarc

For sure. I am sitting on the sidelines ATM, seems frothy, but I'm probably wrong...

Head-End-5909

Peer-to-peer or Bitcoin ATM

Crisado

I think I saw one the other day at a money exchange place. But BTC was at 96k Euro, and the ATM had it at 116k.

654321745954

Except that most require you to open an account with them where the Bitcoin goes. Some are still non-KYC but potentially still traceable. I've never seen a Bitcoin ATM where you can just transfer Bitcoin to an address.

Head-End-5909

Peer-to-peer or Bitcoin ATM

bolebuns

Yeah. I remember when they said we wouldn't even be able to withdraw any cash from ATM's because of the subprime lending crisis. This could never happen to fiat.

KMcCowan03

What a mark up ! That ATM is a ripoff

CapoDiTuttiFrutti

Don't think about benefits, but in unawareness. People who buy BTC at an ATM probably don't know what BTC even is, let alone the current price...

__Ken_Adams__

There is a non-trivial amount of people that either can't get a bank account or simply don't want to use their bank account. This is only one demographic of bitcoin ATM users. There are others.

__Ken_Adams__

Depends on the country, but in the US & most other developed countries the ATM operators are required to do some level of kyc.

bill_txs

If you're holding long term, why buy from an ATM?

__Ken_Adams__

Bitcoin ATMs aren't trying to compete with the apps. They serve a completely different market & different customer base. You're absolutely right, as a customer if you have the inclination & the ability to use the apps then yes you can save yourself a lot of money. Believe it or not there is a segment of the population that cannot get bank accounts which is required for buying through the apps. Bitcoin ATM customers pay the markup for the service that's being offered which can be anything from being able to accept cash, reduced kyc, or a handful of other reasons.

Regret-Select

I mean I can downloaded any mainstream app and ourchase Bitcoin $15k cheaper, from a $20 cheap phone Maybe the ATM business model is garbage, if you're unable to sell at what every free app offers

thedeuce75

It's important to remember that it's not just techie people like us buying Bitcoin, a lot of ransomware attackers demand Bitcoin from their victims. So it could be somebodies grandma using the ATM to get her pictures back. Which makes this kind of price gouging especially gross. Grandma's getting double screwed.

__Ken_Adams__

Bitcoin ATMs aren't able to fix prices or price gouge any more than any other businesses are. The rates reflect the market value for the service. If ATM companies were truly gouging, a competitor could easily come in & undercut everyone & steal a massive share of the market. So why don't we see that happen? Because in reality after expenses the profit margins of bitcoin ATMs aren't as fat as they appear to be just by looking at the markup. Source: I'm a former bitcoin ATM operator

wesblog

Plenty of people out there don't know much about the internet and will just assume this ATM is the normal way to buy bitcoin.

FigmaWallSt

Im pretty sure on most continents they require KYC nowadays. EU is getting more strict with AML and the MICA regulations etc. And non kyc buying of crypto from an ATM will probably be gone in this year. So I guess only some countries in africa or asia allow non-kyc crypto ATMs

Arbiter_89

About 5 years ago I was interested in trying out a BTC ATM. Sure, It, less conveinent, but non-kyc bitcoin would be worth it. I got there, and it had a 15% higher price than coinbase. I felt I was getting ripped off, but was still interested until it asked to scan my license. A few year later I saw someone blaming Biden for BTC ATMs being removed. Man, they did it to themselves.

Heatsincebirth

That's like a casino ATM

AbraxasTuring

Usually it's airport desperation. Can't see it for a BTC ATM though as you don't need it for retail ususally.

masixx

Where do your 99% come from? Seriously. You just make up numbers based on subjective observation and if people here tell you it's not as hard to handle BTC you just deflect. I think it's you who doesn't want to realize you are the old Grandma at the ATM that can't access her money. It's literally a single passphrase that you need to remember or have somewhere secure. That's all someone truly needs. The rest is basically one LLM question away. And Wallets that make use of crypto as easy as Apple Pay exist btw. Not that I would recommend them but you seem to be completely unaware of the current crypto economy and still claim it to be 'so hard' to understand.

Swelliott127

If eth only goes to 5.2k ATH considering last bullruns ATM was $4900 then are we even in a bullrun? 🤣

Bigfatmauls

Yeah it’s possible but not a certain thing. Looks like they have enough capital at the moment to continue operating and investing for a while, so a new round of some kind of imminent dilution is unlikely. They’ve started one of the largest BTC ATM programs out there, on top of the treasury program, so revenue should pick up quite a bit after finishing that off. In one month this company has done quite a bit, it’s an agressive strategy with significant long term potential. Once revenues climb I think the need for dilution would decline as well, seems they are settling their 200m in debt already as well, which wouldn’t make sense if they were strapped for cash.

Bigfatmauls

It means that the stock is at a discount relative to its holdings, I bought some. Also has a $5B ATM program partnered with some big banks.