ATM

FuelFragrant

Spoiled brats who probably don't even know how to use an ATM machine

__The__Anomaly__

It depends what you want to use it for: Investment: An online crypto exchange like kraken. Drugs: A bitcoin ATM that accepts cash.

OkEstablishment7095

Works on some Crypto ATM apps like Unbank and Stack you can generate a barcode on the apps and it will generate a barcode that you can scan at self checkout registers and you can buy with cash

Lurlerrr

The bonds are issued privately to EVO Fund which holds a ton of Metaplanet shares. So it is in their interest to help Metaplanet pump their bitcoin bag. They've been doing it for months now and so far it continues working great to their mutual benefit. Evo Fund also helps Metaplanet with ATM, since in Japan you can't do that yourself like MSTR does in US. So, Evo fund basically short sells their shares ATM and then Metaplanet issues more shares to them to replenish. It's not _exactly_ like that, but net effect is the same. Anyway, I don't want to type an entire dissertation here, but this whole thing has been working great since they started :) Source for the above: I'm a shareholder and follow their disclosures.

Antique_Wrongdoer775

How can you trust anyone you connect with on one of these exchanges? Is there a high fraud rate? Then, silly question, would an ATM sell you bitcoin if you were wearing fake glasses with a big nose and mustache disguise?

SmoothGoing

Bar has to pay processor fees for accepting your card. It's a convenience to both them and the customer. They could just be a cash only bar and have an ATM on site so if you came with a card it would be up to you to pay ATM fees to get cash out. As for minimums there are different rules and contract terms and laws governing all that. At one time the merchant could not impose a minimum payment per their contract with the payment processor (Visa, MasterCard, Amex, Discover). And it was just a store policy that could be challenged. But whether they get in trouble if someone complained is unclear. Nor how it works in different parts of the world. You can always not be customer and go somewhere else. Unless you can't and that's the only game in town. Bitcoin also has fees and they are paid by the sender. Lightning requires a funded channel so that businesses will have to put in as much as they need to accept. Isn't ideal since it effectively freezes capital that can't be used for salaries or supplies and other business things. And this option will cover a tiny percentage of customers who are in tune with lightning payments. The vast majority will still be paying by other means. At least for the time that purchases with BTC are taxable events which comes with some heavy reporting overhead.

Starwaverraver

Trust wallet fees are dodgy. Just looked and they say they have nothing to do with it and say the current bitcoin transfer fee is $3. Yet you can see online a priority transfer ATM is $0.23. Not trust worthy.

Josephhmung

In fact, they dropped a little lower than their previouse ATM. So more on the 50k level. 

coinfeeds-bot

tldr; MARA Holdings has announced a $2 billion stock offering to acquire more Bitcoin, continuing its strategy of raising capital to strengthen its cryptocurrency holdings. The company has set up an at-the-market (ATM) equity program with major investment banks and plans to use the proceeds for Bitcoin purchases and general corporate purposes. MARA currently holds 46,376 BTC, making it the second-largest Bitcoin holder among publicly listed firms. This move aligns with its strategy to buy Bitcoin on the open market amid rising mining costs and reduced profitability. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

antonsmari

Real money is also fake money, but it's government enforced and therefore government approved money... Still very fake to be real, it's lent into existance, fractionally inflated as well as printed out of nothing, not backed by anything... I mean the path from fiat money to cryptocurrency is one based on people's trust of a trustless network and that scares people, adoption is a pain but do note that people adopted many technologies in the last 200 years... Do you think the mail industry liked the telephone, or telephone companies liked the internet? All everybody has done to align with new inventions is align with the ones that are following an adoption curve and hope that they picked the right technology... ATM Bitcoin has no contest really, so until that changes we can only trust in the first mover advantage and network growth rate...

Valuable-Ability4397

ATM offerings

Fireinthehole_x

OTC, [https://kycnot.me/](https://kycnot.me/), bisq, ATM, shop, teller, non-kyc-exchanges...

BlazingJava

I feel pitty over ICP boys, you're some rich CEO personal ATM

portulent

I believe it operates using ATM portals

Fireinthehole_x

OTC, [https://kycnot.me/](https://kycnot.me/), bisq, ATM, shop, teller,...

Btcyoda

The first question is more or less answered by others below and is a basic guess, not to mention it is possible to upgrade Bitcoin before that treat becomes a reality. Your last question; it will be as safe as you taping your bankpass with the PIN written on it on an ATM. The whole Bitcoin system is based on you doing some thinking yourself. Not just assuming things or believing others but to verify. You can formulate the right questions after some help, so you can think. Especially that last question is rather straightforward, isn't it ?

00_Jose_Maria_00

How much are you looking to buy? [Robosats](https://robosats.org/) has offers sometimes with Amazon gift cards as payment options. If you can get your hands on the gift cards, you are in business. Right now I don't see any, but they pop up here and there. Alternatively, for small amounts, you can try [Bisq Easy](https://bisq.wiki/Bisq_Easy). And if all else fails, you can try to find [non-kyc Bitcoin ATM. ](https://youtu.be/DnheitmOalQ)

EloquentMrE

Bitcoin ATM and a cold wallet?

InternationalFly5025

Need help getting my money from bit coin ATM please help 

United_Jaguar_8098

yeah today quicko fucked off in a very quick way :D I lost my 200$ i just kept there to transfer through iban from coin ATM. I gues i'm really lucky fucker xD

Grand-Button5819

Exchange p2p or use a Bitcoin ATM.

plane_ribbon420

I have a Coinbase card. Never used it, but my buddy uses his all the time. Can get cash straight from an ATM if you need it. Otherwise it just works like a debit card. Although you might have to transfer your btc to usd first.

redeembtc

The bank will refund you. You just need to contact them, when they count the ATM and find a discrepancy they sort you out.

Wobbalabba776

Today I tried to deposit fiat into an ATM and it ate my money. I look forward to bitcoin future

idliketoseethat

I have a Coinbase debit card that I used last Saturday to get $200 out of an ATM at my favorite casino. With the Coinbase Card, if you only hold cryptocurrency, you can spend it at any location that accepts Visa debit cards, as Coinbase will automatically convert your crypto to US dollars before completing purchases and ATM withdrawals. 

BTC_90210

Bitcoin ATM. Cover your face.

Tatler-Jack

How fucking corrupt can a government be? The UK doesn't allow bitcoin ATM's and the bullshit banks continue to freeze and block many people purchasing bitty. The banks themselves have bitcoin departments and traders. Yet they hate the idea that we (the little people), might choose to buy some. Fuck the banks.

CipherScarlatti

The amount of desperation coming off Saylor is pretty heavy ATM. "Bitcoin $250k by next Tuesday!" Doesn't inspire confidence.

NiagaraBTC

An ATM that is no-KYC or even min-KYC is going to have 12-16% spread

CocaBam

Bitcoin ATM's, just like every smart drug buyer in 2014-2016 when exchanges were rare and always exit scamming.

Hatedpriest

I've seen BTC ATMs. I'd assume there's a way to find a wallet that doesn't involve verification. Use the ATM to transfer fiat from/to the wallet.

OkEstablishment7095

Bitcoin ATMs usually don't offer options to cash out but you can use the app to cash out on partner ATM network such as the touch screen NCR ATMs you see at CVS and Walgreens

OkEstablishment7095

No stupid questions here! It works by inserting physical cash into the ATM. You paste your wallet into the app and after you insert the cash into the ATM to buy the Bitcoin, the ATM will scan your wallet off of the app. And yes companies like Unbank are safe as long as you are the one buying the crypto and putting it into your own wallet.

Frontbovie

The ATM scans a QR code on your phone for your personal wallet. After you insert the cash, it sends the coin through the network.

liftingforlife_

Sorry for the stupid question, but how does it work exactly? A physical card you slide in and enter your pin, but how do you withdraw from your crypto wallet using an ATM?

Amber_Sam

BISQ, robosats, vexl, peachbitcoin, Bitcoin ATM (BTCmap.org), Bitcoin meetups.

kirtash93

ATM spread price and fees the real robbery.

Amber_Sam

BISQ (BISQ2), robosats, Vexl, peachbitcoin, Bitcoin ATM (BTCmap.org) or visit a Bitcoin meetup.

Ok-Illustrator3272

I buy annonymously with cash in those bitcoin ATM things, but those tend to charge you more for transacting. I still find it more comfourtable then giving all my info into some exchange just to buy crypto.

HMCLXOX

Thx,I just buy some from HK Bitcoin ATM

jbone027

Hehehe... My bad, I didn't know "ATM" meant 3 months ago. If we are going to play the zoom out game. Look at the 6 months and again, by no metric is BTC outperforming or holding up as well. Ya lost playboi, and you were mad while doing it. GG. Do some research next time you make some dipshit assertion and/or at least provide context such as "looking at the 3 month chart". Doing so lets the rest of us know how the mind of a regard works! See ya on WSB!

NEO_v6

Here’s the thing. I’m not sure if it’s the same anywhere else in the world. But here in the UK, the pandemic had a noticeable impact on how currency exchanges hands. I’m not going to go too in-depth with it all (unless you want to). But as cold hard cash becomes the next to follow the cheque and I don’t doubt will be closely followed by the ATM. Won’t all currencies eventually become cryptocurrencies?

DreamingTooLong

The United States government can put a bitcoin ATM inside every single post office. Charge 5% both directions. The money the machine makes goes straight to the strategic reserve.

Lavayo

Or delayed. The cycle times with fed printing + rate cutting. This will still happen! US has to refinance debt soon. My theory is we will seen money flooding in and a calming of tariffs and Ukraine war. Half of the fear is artificial ATM, the economy only STARTS to show cracks. We will see a giant last run for risk assets. In euphoria the next bear market will start violently and without mercy.

Even-Boat-9011

Everyone seems scared sh1tless because Trump is addressing so much obvious corruption, MSM is owned by the globalists therefore they are pushing the fear to which shakes out the masses. If you're crypto is at loss hold and if you can't hold maybe consider your own decisions getting in in the first place. All the markets are down ATM not just crypto and very possibly has further to drop but it will change for a , I believe, historic rise. Have faith

420osrs

Couple things. First, you shouldn't be using a crypto ATM. The fees are insane. That was a mistake. Do not do that again. Second, the amount you tried to use the ATM for was too high. That's about two weeks of income for most people. Think of a crypto ATM like a regular ATM where you can only use it for $400. And it's just like a ATM where the cost of using it is incredibly high. So you avoid it and you go to your bank. In this scenario, the bank is a crypto exchange, and you should use Coinbase Crypto.com, Kraken, or your stock brokerage. Those are okay to use for large purposes because they validate your ID and make sure everything is ok. You did not interact with a regulated financial institution, so they can hold your bunny hostage as long as they want under the guise of validation.

FuelZestyclose3541

Look for a Bitcoin ATM. You can also get gift cards for Uber Eats and other things at Bitrefill

9000lbs

You could withdrawing from a bitcoin enabled ATM. First send that BTC to a hot wallet. That way you wont have to take your old wallet and get to the ATM.

soliton-gaydar

Take it to a Bitcoin ATM and redeem your money.

BadManTaliban

North Korean hackers treating crypto like their personal ATM, insane

Jumpy_Hold6249

Who is the bigger thief. The ATM who charges 20% or the person who kindly removed it from service and cleaned the dirty fiat from the machine?

dsk83

Barely a dip, I won't buy unless we hit sub 70k, so realistically 60k or less. I have more than enough BTC ATM and hope it doesn't get that low, I'm fine with not buying more atm

Sin-City-Sinner

👍 true!! Especially be quiet about it irl, I don’t tell anyone about it, accidentally skipped in front of my Bm the other night I was like FML! Everyone thinks you’re rich when you tell em! Noooooo you can’t borrow $150 GTFOH! They don’t get it, I’m holding! So that might mean I have assets but not liquid, and I’m definitely not liquefying so I can lend anybody a dime! I don’t know why everybody thinks I am a human ATM machine, I need to take your advice and my own advice which I know I should follow but… Yeah so I apparently have a reputation of somebody who has a lot of money and while I do well for myself I don’t have a lot of money I have two kids that I am and have been supporting completely alone, raising them alone for four years almost and supporting them since birth and for three years I was supporting their mother as well.

btc2787

Why would you buy bitcoin from an ATM? The fees are absurd. It days this before you buy it in the machine. Buy from strike or bisq. Fees are low. Swan bitcoin has almost 0 fees for buying and withdrawaling

Narrow-Blacksmith781

Im in SD CA. There is a Coinhub ATM at a Silverado's Liquor store in Poway CA.Its REALLY no KYC ! Just use any name and a burner phone. There are daily amt limits but the Store's owner is cool and its a great little store

OttoMeyers

Or perhaps they were going for the cash deposits to buy Crypto? I realize there are some total idiots, but they were able to break into what essentially was an ATM .

tabzer123

Potentially more lucrative than robbing an actual ATM. What protections could "guarantee safety" or at least mitigate potential losses (of the ATM owner)?

EverettSucks

Was there a puddle of water under the ATM after they left? If so, I think I know who it was...

PortalDeFi_Terry

Bitcoin CEO Satoshi Nakamoto continues to offer a free lunch to anyone able to break open a Bitcoin ATM and scamper away with the Bitcoins jingling in their pockets!

snowballkills

Bitcoin ATM is a misnomer. These are trading terminals. I used to think they were to withdraw cash using your BTC, which would make sense, but this name doesn't

CheetahGloomy4700

Funny enough, at the grassroot level, Switzerland is one of the countries with the highest crypto adoption. Every SBB station has a crypto ATM. Lugano is something like the el Salvador of Europe. Even other towns have many bitcoin friendly retailers compared to neighbouring countries like Germany or Italy. Above all, there is zero tax on crypto gains for individuals. Means you can buy Bitcoin and spend it without bothering to account for a cost basis. Imagine how liberating that is. Bitcoin does not need a government to pump it up (like the SBR advocates pitch). It needs the government to get out of the fucking way. In that regard, Switzerland is far more sensible than almost every other national government, certainly the US.

420osrs

Correct. He does not have any of her money. This is a recovery scam. After he sends her ID, he will explain for some convoluted reason that she needs to verify her wallet by sending more Bitcoin or sending money or something else. As soon as she sends that, then they would need more money to pay the taxes. After she's supposed to taxes, there'll be another administration fee. This will continue on forever. There is no money. If you look at the Bitcoin receipt, you can get the address that it was sent from and you can follow it. If you don't have the receipt but know the rough time that she used the ATM, she might be able to get the receipt from the ATM. However, she might have to have the police do this for her. The easiest thing would be to bring the receipt to the police, so the wallet that her bitcoins touched will get flagged and it will make it harder for the scammer to liquidate. Not impossible. Most exchanges talk to each other. If, by some miracle, the scammer is in Canada or America the police may be able to help. The reason why is because if he was scamming and deposited the money into his coinbase account, which has his ID, Canadian and United States police talk to each other. If he's from Africa, there's almost nothing that you can do even if he used a exchange with his IRL details. However, once he's identified as a scammer, he won't be able to use his identification on these exchanges anymore. However, he will just steal other peoples.  Just remember that the only people that can help get the money back are the police. Anyone else trying to is just a scammer. Don't trust anyone. Anyone sending you private messages is also a scammer.

Rickd7

Try inheriting 8 rentals and a 38 acre farm with livestock all while trying to continue working a full time corporate position. Currently me ATM.

ThinNeighborhood2276

You might want to try using a peer-to-peer platform like LocalBitcoins or Paxful, where you can buy crypto directly from other users. Alternatively, consider using a crypto ATM if there's one near you.

longonbtc

The person that reached out to her offering to recover the funds is also a scammer. They may possibly be the same original scammer or related to the original scammer. Either way, it's just another scam and they are most likely going to try to get your friend's mother to send them cash or cryptocurrency. She should not send a photo of the front and back of her driver's license to the scammer. They will inevitably use the photos of her driver's license for identity theft and and probably also money laundering. Since she is now known to fall for scams, she is known as an easy target for scammers and she is now probably on a list of easy targets. You should tell your friend to tell their mother to stop listening to strangers on the internet giving her investment advice and telling her to sign up to random sketchy websites. Your friend's mother can report it to the authorities if she wants to but make sure that she knows nothing will ever happen from reporting it. Since your friend's mother is now known as an easy target for scammers and is probably on a list of easy targets, so I recommend that you tell your friend to teach their mother about various common scams and how to avoid them. A few examples would be to tell her to never buy bitcoin from a bitcoin ATM. If somebody on the phone tells her to buy cryptocurrency or gift cards for whatever reason, they are a scammer. The IRS will never call her. If a "friend" or "family member" emails them and tells them they are stuck in another country and need money, it could very unlikely be legitimate but it's also a common scam. Sometimes those scammers also call but that is less common. If someone calls and tells her she has an arrest warrant or court case and requests her to buy gift cards or cryptocurrency to settle the warrant/case, they are a scammer. If Apple/Microsoft tech support calls her out of the blue, they are a scammer. If any tech support ever tells her to buy gift cards or cryptocurrency, they are a scammer. And please tell her to stop listening to any investment advice that she hears of, or maybe consult with you first. These scammers often hack random peoples social media accounts and then makes posts talking about all the money they are making with this great investment company and tells friends to ask them for details. They often message the people that are friends of the hacked person's account and tells them about this great investment company they are making a ton of money with. I would guess that one of your friend's mother's friends' social media accounts was hacked and this is how she first found out about the scam. I'm just speculating but it's very common. >I’m wondering if the SIN number was just awful timing or if there’s a chance she sent it to someone if people ask for it? We don't know. Your friend would have to ask their mother.

Clean-Victory-7011

Old fud. There token isn't needed ATM but you always speculate on future cashflow. Their abstrxlaction layer for save just when into test I believe. This is the first of many stages to a whole ccip ecosystem burning link tokens

JimHummel

They’re all scared of losing their influence. Unfortunately, your safest bet is via kiosk/ATM though you’re probably going to be subject to some form of KYC.

LIGHT-WAFFLEZ

ATM by Occupy $ Mars is the best

Mazoku-chan

I said "I don't see it solving any issue ATM". Because it isn't doing it. >you can simply choose not to buy and use it. The same can not be said for mainstream currencies. You can't choose not to use them.

GreedVault

Yeah, but it's underground. Or they could go to Hong Kong and use the BTC ATM there.

__Ken_Adams__

A common story a lot of people have is that they heard about it once & ignored or dismissed it, then got more curious the second or third time they heard about it. I didn't have that experience. I was fascinated the first time I heard about it in 2013. I heard them talking about it in a technology podcast (I liked to nerd out on those while at work) and I immediately went home & started googling. It was $110 at the time & I told myself if it dropped below $100 I would buy one. About a week later it dipped & I thought it would be as simple as creating an account on some website so I jumped online all excited with my credit card in hand. I was in for a rude awakening & the buying process was so convoluted back then it took me a full week to get it figured out & be able to make my purchase. That worked in my favor as by that time it had dipped even further & I bought at $86. I think there was an 8% fee so the btc price must have been around $79 at the time. I kept buying with every paycheck for the next several months & eventually I put my btc to work for me by starting a btc ATM company. I eventually sold that business & now I get to focus all my time on hobbies!

AffectionateDuty6062

hahah, ive never once seen a crypto ATM in Europe 🤣

Hungry-Class9806

I live in Spain and originally from Portugal and crypto is not only allowed by widely adopted in both countries, to the point you have crypto ATM machines everywhere. Also mining is completely legal and CEXes operate normally like you said. Also when he is also lying when he says that developing countries made crypto illegal. I have friends from all over Central and South America (in fact my GF is Venezuelan) and they send money to their families via crypto because it's cheaper than WU or Ria.

Happy-For-No-Reason

eh hard to say, personally I have much bigger bags than that and am not deploying into anything ATM. I'll wait until SCR gets formalised then enter

Mysterious-Emu3237

Probably, its about how much profit you want to make before you sell. If I wanna sell Cardano once it hits 2 Euro (set a sell order), I become 10-millionare. But if I dont sell and Cardano reaches 200 Euro, I become billionare. Multibagger requires guts to keep holding when your assets are rising. ATM, all your brain can say is to sell before another crash.

Varyzumilitudious

Yeah, but we all ain't millionaires yet, so it seems to me, there IS time to explain. You're merely just an asshole with a catchphrase ATM.

Lehcen

I think I bought 50$ on a bitcoin ATM in the summer of 2017.

princemousey1

For me it was a literal “buy BTC ATM” that I could put $50 notes in (not from US and $50 is the biggest commonly used amount in circulation).

Applestud5

ATM

kingofkrypto1

I filed a Better Business Bureau complaint, and was eventually contacted by the attorney for this robber baron greedy scam company. Their ATM process involves you agreeing to use the ATM, with conditions that include fees ranging from 25-50%. The average is 30% or more of your money being taken as fees. Their inflated Bitcoin price, and reference price for Bitcoin are completely incorrect. However, Once you put money into the ATM, and finally see the calculation of what you will receive in Bitcoin, it doesn't make sense. So you do the math, want to cancel, but cannot. They claimed once you agree to use the ATM, you already agreed to the fees. Most people don't read the fine print in the small box because you'd be standing there for 30 minutes trying to read and understand it all. So like a normal ATM transaction, you click yes and agree to the $3 fee, but little do you know there is an additional 30-50% fee. Once you put money in, you're locked in and you have to take the hit. NEVER USE THIS SCAM COMPANY. The attorney offered no relief, and in fact the statement from the company stated they watched the video cameras and I was not in distress. That was not true. I got upset, went into my phone and did some calculations, researched the company, and complained to the store employee and brought him to the ATM. I clearly showed signs of distress. 100% SCAM.

kicktotheclems

It's weird that he invested in the hardware presumably knowing it was illegal - I guess the fees probably were as much a reflection of the risk taken than just profit. As to the comments about ATM fees generally - every user wants to pay as little as possible, and every ATM owner wants to charge as much as possible. Clearly enough people are using ATMs that charge high fees as they wouldn't exist otherwise - if you want them to stop don't use them

Theworldsnotthesame

Works really well! $ATM was called sub 400k, $BTM called at 130k!

CriticalCobraz

Almost all ATM charge way too much fees and the coin price is also bad too compared to most exchanges

nameless_pattern

I'll lose my voice saying this s*** again and again, the consumer finance protection bureau did a whole bunch of stuff to fight abuse of ATM fees and  overdraft fees.  Before it was gutted by Trump and the richest least funny man on the planet. I am very disappointed with Trump and Elon dick riders. I wish them all a very unnecessary ATM overdraft fee type of day. https://bankingjournal.aba.com/2024/09/cfpb-banks-need-proof-of-customer-consent-for-atm-debit-card-overdraft-fees/#:~:text=Banks%20and%20credit%20unions%20can%20be%20held,circular%20intended%20for%20regulators%20and%20law%20enforcement.

coinfeeds-bot

tldr; Olumide Osunkoya, a 46-year-old U.K. man, was sentenced to four years in prison for illegally operating cryptocurrency ATMs through his company, GidiPlus. Despite being denied registration by the Financial Conduct Authority (FCA), he ran a £2.5 million crypto ATM business from December 2021 to March 2022, charging high transaction fees. He pleaded guilty to multiple charges, including unregistered crypto activity and forgery. This marks the U.K.'s first criminal sentencing for unregistered crypto activity, highlighting the FCA's crackdown on illegal operations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

mcshorts81

I have been dca £10 every day don't care what the price does ATM as I am not looking to withdraw anything

dadlif3

Easiest options are using a Bitcoin ATM or buy from a friend/coworker/relative for cash. You could always sell something for bitcoin or find someone to pay you in bitcoin.

desexmachina

If you found a wallet w/ and ATM card and a PIN number on the back, it would be illegal to withdraw funds too. Maybe we should go to r/askalawyer

brekyrse1f3

Depends on where you are located? 2-way btc ATM or use your current CEX as a gateway/bridge?

Show_Kitchen

So for small amounts, a Bitcoin ATM let you buy with cash. They're legit, but the fees can be ruff, so find a company with an ATM near you and follow their socials or newsletter to get discount codes. [coinatmradar.com](http://coinatmradar.com) or any other locator. If you want the lowest possible fees with some degree of protection and self-custody, look to an OTC or Trade Desk. The concept is that you're basically buying P2P from somebody with a lot of liquidity, so its all self-custodial - but there is usually a lot of red tape and you have to use ACH, Wire Transfer, or Interac if you're in Canada. [here's my bing search. yes I use bing and I like it.](https://www.bing.com/ck/a?!&&p=a5340dafa935fda55a66942eda0075d6ff0ccfe340250f757d40ebce550e0c7eJmltdHM9MTc0MDUyODAwMA&ptn=3&ver=2&hsh=4&fclid=3231ee01-c16f-68e9-37a6-fa32c0c76989&psq=coinflip+preferred&u=a1aHR0cHM6Ly9jb2luZmxpcC50ZWNoL290Yw&ntb=1) From my experience, if you have to jump through hoops then it is less likely to be a scam or have really high fees. The sites that take your money in 30 seconds or less always have something behind their back. The riskiest option is to straight up buy from a real person. I've done this before through my network, but I wouldn't recommend it unless you have crypto friends you can trust.

DreamingTooLong

Yes, hypothetically someone could have ill-gotten money and deposit it all into an ATM and then have it transferred to a crypto exchange purchase something random and sell it 30 days later and transfer back into the bank account The bank does not care about the money that spent transferred to the Exchange anymore. What they see is money from an exchange transferred to your bank, and that taxes have been paid on those profits. A lot easier than owning a laundry facility – hypothetically speaking of course.

Mgwilljr83

22.78 more in the bank. Amen. It’s on discount ATM. You are one of three. Dumb Poor Raking in the benefits.

badbrotha

You are fighting bots and literal billionaires at this point. Bitcoin is fairly safe ATM due to the high interest from government entities, anything else you're gambling. Been in since 2020

NiagaraBTC

10% over spot might be attainable for no-KYC. Thats still cheaper than ATM prices.

coinfeeds-bot

tldr; Unbank, a major Bitcoin ATM network in the U.S., successfully built a Bitcoin exchange using BTCPay Server, processing over 41,000 transactions worth $40 million in the latter half of 2024. The transition from traditional payment processors to BTCPay Server, completed in June 2024, resulted in significant cost savings and improved reliability. Unbank's non-custodial model ensures users retain control of their wallets, aligning with Bitcoin's values. The move highlights BTCPay Server's scalability and reliability for high-volume operations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

armanipunanny

Just hold, it'll recover. It's shit for everyone atm. We need the fomo crowd to clear out. Lots of instability in the world ATM.

Tsu-Doh-Nihm

Easiest method to get Bitcoin without KYC is a Bitcoin ATM. But you will likely pay get 10% less Bitcoin for your cash, because that is how the ATM makes a profit. As long as you get a small amount per day (I think up to $2999), the identification requirements are extremely minimal. You have to enter a phone number that can receive a text, then the ATM will text you a code to enter into the machine. You also have to type a name, which is not verified. No other ID. Beware that different brands of ATM may collect a larger "spread" by adjusting their Bitcoin price from the standard price of Bitcoin on the open market. Here is a good brand of ATM with reasonable fees: https://coinhubatm.com/locations You will need to download a wallet to your mobile phone, which is where the Bitcoin will be transmitted and stored. The main wallet people use is Trust Wallet, and it is free here: https://trustwallet.com/

HaleBopp22

Also, please add your ATM PIN. If you aren't comfortable stating the actual number, just give the first 3 digits.

MayoSoup

Withdraw all your credit in cash and buy Bitcoin via ATM. Declare bankruptcy, then wait 7 years for profit.

longonbtc

I'm sorry to tell you this but your mother fell for a common scam. This scam is known as an advance-fee scam. Your mother is not using a real exchange. Your mother is on a scam website. Your mother has nothing in her account because it's fake. Tell your mother to stop visiting the scam website and stop communicating with the scammers. Tell your mother not to send the scammers any more cash or cryptocurrency and forget about any cash or cryptocurrency that she already sent them because she will never receive it back. Your mother should just forget about the money she already sent to the scammers. You should also tell your mother to stop listening to strangers on the internet giving her investment advice and telling her to sign up to random sketchy websites. Your mother can report it to the authorities if she wants to but make sure that she knows nothing will ever happen from reporting it. If you want to prove to your mother that it's a scam, then just ask her to withdraw the money. The scam website will give her a reason that she needs to send a bunch more cash or cryptocurrency to the exchange before she is able to withdraw the cash/cryptocurrency that she has supposedly "earned". That's why it's called an advance-fee scam. You must pay a fee before you can withdraw, but you can never really withdraw anything, even if you pay the fee. These scam websites give various different reasons for why the victim needs to deposit more cryptocurrency before they can withdraw their supposed large earnings. >She’s also been receiving calls from supposed investigating agents asking her for details so they can access the funds and they take a finders fee. Since she is now known to fall for scams, she is known as an easy target for scammers and she is now probably on a list of easy targets. These scammers might be the same scammers running the website, they might be somehow related to those scammers, or they might be unrealted to the original scammers. Either way, it's just another scam and they are going to try to get your mother to send them cash or cryptocurrency. Since your mother is now known as an easy target for scammers and is probably on a list of easy targets, I recommend that you teach her about various common scams and how to avoid them. A few examples would be to tell her to never buy bitcoin from a bitcoin ATM. If somebody on the phone tells her to buy cryptocurrency or gift cards for whatever reason, they are a scammer. The IRS will never call her. If a "friend" or "family member" emails them and tells them they are stuck in another country and need money, it could very unlikely be legitimate but it's also a common scam. Sometimes those scammers also call but that is less common. If someone calls and tells her she has an arrest warrant or court case and requests her to buy gift cards or cryptocurrency to settle the warrant/case, they are a scammer. If Apple/Microsoft tech support calls her out of the blue, they are a scammer. If any tech support ever tells her to buy gift cards or cryptocurrency, they are a scammer. And please tell her to stop listening to any investment advice that she hears of, or maybe consult with you first. These scammers often hack random peoples social media accounts and then makes posts talking about all the money they are making with this great investment company and tells friends to ask them for details. They often message the people that are friends of the hacked person's account and tells them about this great investment company they are making a ton of money with. I would guess that one of your mother's friends social media accounts was hacked and this is how she first found out about the scam. I'm just speculating but it's very common.