Hello everyone, I am writing this post, because yesterday, was the first time I ever used a Bitcoin ATM machine. I will be talking about my experience in this post.
So first off, I was asked a phone number for a verification code and then, I had to scan my Bitcoin address QR code. I then inserted 100$ of liquid money into the machine and recieved a notification on my phone telling me that the transaction went through successfully.
I was very surprised because I didn't think that the proccess would be that fast. To be honest, I will definitly buy from Bitcoin ATM's in the future as I clearly see this as the safest and most anonymous way to buy Bitcoin.
Regards, excro
well that's what crypto is, wherein very fast when it comes transaction and you only need one confirmation then boom, it's like sending messages..Lol So first off, I was asked a phone number for a verification code and then, I had to scan my Bitcoin address QR code. I then inserted 100$ of liquid money into the machine and recieved a notification on my phone telling me that the transaction went through successfully.
I was very surprised because I didn't think that the proccess would be that fast. To be honest, I will definitly buy from Bitcoin ATM's in the future as I clearly see this as the safest and most anonymous way to buy Bitcoin.
Regards, excro
nevertheless if my country provides such ATMs for sure withdrawing money isn't a problem anymore. I mean you don't to fall in line in order to have some cash.. Just scan the QR code then easy money..
but i don't know if its possible to have in the near future since most people here in my place don't believe in such things and what they know about bitcoin is totally scam.. Lol well i don't care infact i still have options to covert my crypto to fiat.
If that is what many think about Bitcoin, the chance is very slim to have a working ATM in your place.
Unlike with developing countries where many ATMs are already scattered around, the same way on how regular fiat ATM works, crypto users don't need to convert their bitcoin to fiat, but by simply using the machine and they will have it.
If I'm not mistaken, from where am I, there are already Machines, but only in a selected place not many but good enough to know
that it's already existing and there are crypto followers who are enjoying it.