Bitcoin ATM help!! Please

[COBF]

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!

 

[tattscp35]

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

 

[COBF]

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

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!

 

[tattscp35]

I downloaded Blockchain prior to going to my bitcoin ATM

 

[COBF]

I downloaded Blockchain prior to going to my bitcoin ATM

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?

 

[tattscp35]

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

 

[COBF]

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

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

 

[Romi84]

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.

 

[COBF]

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.

Lol!! Overthinking is an understatement! Thankyou guys for the help! Ready to do this!!

 

[COBF]

Lol!! Overthinking is an understatement! Thankyou guys for the help! Ready to do this!!

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

 

[tattscp35]

How much was your deposit?

 

[tattscp35]

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

 

[BigNattyDaddy]

Some good info in this thread

Setting Up Coinbase

 

[COBF]

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

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

 

[COBF]

How much was your deposit?

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