Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATM - Owner lied about the fee
by
snoovering
on 22/04/2016, 23:21:54 UTC
I wanted to see what you guys think or what to do?

I'm helping out a new user who just got into bitcoin. He was at an ATM and talked to the owner and said it was a 1% fee to Sell bitcoins. The machine itself didn't have any fee information. Anyhow, when he went to proceed it charged him 20% fee or a little over couple hundred dollar fee when selling 1k of btc. Afterwards, he called the number for support but all they do is hang up even after they just talked.

OP, sleaze and chicanery are intrinsic to Bitcoin. Better your friend learns this early on.