Post
Topic
Board Bitcoin Discussion
Re: Trying the new Bitcoin ATM near my house
by
Davkul
on 04/04/2017, 20:55:27 UTC
There's a new Bitcoin ATM in the mall down the block from me, so I went over and checked it out.

https://www.youtube.com/watch?v=xajKjxxRL04

That's perfect, the explanation is just perfect for everyone even for those that don't know much about bitcoin.

One thing that could irritate people is the waiting time, for this tutorial it took you 5 minutes but in reality it takes more to sell bitcoin but shorter to buy bitcoin.

What kind of verification are needed for the second and third option? Why it didn't require phone number when you wanted to buy bitcoin worth 20 CAD?

P.S let us know where and how much have you purchased the sunglasses Tongue, I'm gonna buy something similar hehe.

No clue about the verification system, but from what I've seen the ATM asked for his phone number in order to let him know through a message when he could have taken the $, since the process requires time. In the other case, there was no reason to insert his phone number as the transaction had been instantly sent to his wallet.