Bitcoin ATM help!! Please

Discussion in 'Bitcoin and Cryptocurrency' started by COBF, Oct 5, 2018.

  1. COBF

    COBF Member

    When I go to use the ATM do I need to have a wallet set up all ready or do you pick one while your at the ATM? Have coinbase set up already. This is my first time using crypto. Thankyou!
     
  2. tattscp35

    tattscp35 Member

    When I used a bitcoin ATM I used Blockchain as my wallet.

    Not sure about coinbase. I would assume you could. Not sure if they'll hold funds for a few days or not.

    With Blockchain I was able to send money within 5-10 min. There will be fees
     
  3. COBF

    COBF Member

    Did you already have a block chain before using the ATM or did you do it right at the ATM? Thanks for the help! Just want it to go smooth!! Fees are not a problem!
     
  4. tattscp35

    tattscp35 Member

    I downloaded Blockchain prior to going to my bitcoin ATM
     
  5. COBF

    COBF Member

    Thank you very much for the info!! So you need to put extra in to compensate for the fees as well? Do you remember around what I could expect to pay in fees?
     
  6. tattscp35

    tattscp35 Member

    Yes extra. I think I put $125 in and it took roughly $15 in fees
     
  7. COBF

    COBF Member

    Thanks again for the info!! Anyone else have any tips that would be great!
     
  8. Romi84

    Romi84 Member

    Bitcoin ATMs usually charge a 15% rate or around there depending on what type of machine your using. You can download bitcoin wallet off the app store. There are videos on YouTube that show you how to use certain ATMs. It's really easy. Don't overthink it.
     
  9. COBF

    COBF Member

    Lol!! Overthinking is an understatement! Thankyou guys for the help! Ready to do this!!
     
    Romi84 likes this.
  10. COBF

    COBF Member

    Well did the ATM thing this weekend and was definitely overthinking it!! Easy as could be! My fee was only $20. Was expecting more!
     
    Romi84 likes this.
  11. tattscp35

    tattscp35 Member

    How much was your deposit?
     
  12. tattscp35

    tattscp35 Member

    I can't get coinbase to work. My cash app says "insuficent funds" or "transaction failed". I never thought that bitcoin would be the hardest part if all this
     
  13. BigNattyDaddy

    BigNattyDaddy Member

  14. COBF

    COBF Member

    I ended up using block chain wallet! Everything was really simple and instant!!
     
  15. COBF

    COBF Member

    Pm sent