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Showing 8 of 8 results by Primodaddy
I know I can purchase bitcoins at a bitcoin ATM, but what do I do after I have the printed out receipt with the QR code on it?
I'm stumped here folks so any insight would be greatly appreciated.
I'm stumped here folks so any insight would be greatly appreciated.
Sweep the private key from the receipt into a wallet (like Electrum). Then send BTC as needed.
Some ATMs require you to set up a wallet before buying. In that case, you scan the QR code of your wallet at the ATM and the coins are deposited directly into your wallet.
I'm not trying to be difficult here, just trying to figure out if I can simply use a bitcoin ATM to send funds to someone without the hassle of linking my bank account.
Sure you can. You'll pay a hefty premium -- usually upwards of 8% -- but you can do it with cash.
Thank you kindly brother, most helpful
I think I got the jist of it now so next step is to look up my local bitcoin ATM's and see what's best suited for my needs. The extra ATM charge ain't no worry as I won't be doing this very often and for the peace of mind and extra $20-$30 is not a concern to me.
I know of people who use this bitcoin all the time and all I hear from them is how ridiculous the fees are when it comes to exchanging or transferring, like being charged a fee of $50 just to send $270 or what have you. I don't fully understand everything, but I'd rather skip all the hassle and just use an ATM and be done with it lol.
Again that you....... and btw your username has me curious, you lift the iron bro or you living rent free in disheveled buildings lol?
Hey fellas.
No I'm not looking to do anything illegal and withdrawing funds from my account in person is not a problem. I'm just not comfortable linking my bank account to anything online for any reason especially bitcoin. First off I'd probably muck something up and secondly I keep reading about hacks and people loosing money so I just prefer to keep things simple is all.
I'm not trying to be difficult here, just trying to figure out if I can simply use a bitcoin ATM to send funds to someone without the hassle of linking my bank account.
Thank you
I just don't want to use my bank account at all. All I'm trying to figure out how to do is buy bitcoin and then send to another person every now and then. I don't and won't do any banking online and I never sync my account to anything.
Thank you
I would recommend a hardware wallet for operations like this. When it comes to the BTC mostly we starting to talk about 20k$ plus, kinda serious amount there.
So be sure that your safety is your first priority, don't use any web-based wallet (like myetherwallet) don't get me wrong they are awesome at their price (especially given that they are mostly free) they are great. But you get what you paid for, so there are no recovery options neither transaction confirmation, etc.
Thus when it comes to 20k+ (hopefully someday I will) the hardware wallet should be a no-brainer.
I'm only looking to send a few hundo now and then and It's not for anything nefarious lol.
You are going to use your bank account either way old fart. or you could find another old fart to sell you Bitcoin for cash. you could keep your money for yourself and not giving them to your ex, if that's what you are looking for.
No, OP is going to use an ATM and feed bills into it. It can be done without banking if you have a cash hoard.
YES and no cash hoard lol.
I just don't want to use my bank account at all. All I'm trying to figure out how to do is buy bitcoin and then send to another person every now and then. I don't and won't do any banking online and I never sync my account to anything.
Thank you
You are going to use your bank account either way old fart. or you could find another old fart to sell you Bitcoin for cash. you could keep your money for yourself and not giving them to your ex, if that's what you are looking for.
I'm not looking to sell any bitcoin.
The receipt shouldn't contain any private keys so there isn't much use for it unless you faced an issue then you could contact the company while using the receipt as proof or something, and as far as I know, the ATMs will ask you to scan the QR code using the camera they have so you will have to show show a QR code of your BTC address that you printed or from your phone so they send you the funds to that address.
Man I'm bad at this stuff lol.
Ok short n sweet version, can I send bitcoin to someone by just using a bitcoin ATM and then showing the machine the scan code of the persons wallet where I want the bitcoin to be sent?
I've never made a single bitcoin transaction to date so you see how new I am to this lol. All I have set up is a blockchain account, but that was SUPER simple to do.
Again all I wish to do is buy a small amount of bitcoin and then send it to someone without having to use my bank account at all.
Thanks
Oh very informative, thank you.
If I'm not able to find a bitcoin ATM that can send directly am I able to use the QR code print out to add coins to my blockchain wallet? If so I think I'm good to go.
So.....
Option 1, Buy coins from ATM and then scan code of wallet where I want coins sent and then done.
OR
Option 2, Buy coins from ATM and then use my pc/phone to scan them into my blockchain wallet and then I can send to third party.
Is this all correct or am I still out to lunch here lol?
Thank you very much
The receipt shouldn't contain any private keys so there isn't much use for it unless you faced an issue then you could contact the company while using the receipt as proof or something, and as far as I know, the ATMs will ask you to scan the QR code using the camera they have so you will have to show show a QR code of your BTC address that you printed or from your phone so they send you the funds to that address.
Man I'm bad at this stuff lol.
Ok short n sweet version, can I send bitcoin to someone by just using a bitcoin ATM and then showing the machine the scan code of the persons wallet where I want the bitcoin to be sent?
I've never made a single bitcoin transaction to date so you see how new I am to this lol. All I have set up is a blockchain account, but that was SUPER simple to do.
Again all I wish to do is buy a small amount of bitcoin and then send it to someone without having to use my bank account at all.
Thanks
Hello all
So quick question here. I need to make a one time purchase using bitcoin, but I'm not able to set anything up with a bank account due to a nasty divorce involving financial lawyers and such so how do I go about sending funds to a bitcoin address?
I know I can purchase bitcoins at a bitcoin ATM, but what do I do after I have the printed out receipt with the QR code on it?
I'm stumped here folks so any insight would be greatly appreciated.
Thank you.