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Questions tagged [bitcoin-atm]

23 questions
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Using Bitcoin ATM's, how does selling work?

How do Bitcoin ATM's work? I have a wallet on my computer and wanted to know how would the bitcoins there be transferred to the ATM and exchanged for cash. Could somebody explain this process to me?
user67996
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Is it possible to trace bitcoin ATM withdrawals?

If someone is tracking how BTC are being spent or transferred between wallets, is it possible to concretely determine which transfers constitute conversion into fiat currency at an ATM, and possibly a specific ATM? If so how?
afocoin
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Trying to import Bitcoin ATM wallet into Armory

I withdrew Bitcoins from Bitcoin ATM (Bitcoin mainnet, if that matters) into a wallet that it generated for me. My intention was to import or sweep the generated wallet into Armory (or possibly Bitcoin Core). [Warning: Newbie alert!] The first…
Neil Steiner
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Do I need an app and internet on my smartphone to enable a Lamassu ATM to detect and scan my QR code?

I want to send bitcoins to a friend through a Lamassu ATM. She has emailed me her request QR code and when I went to the Lamassu ATM point, after pressing on the start button and showing the QR code on my smartphone, nothing happens. I learned that…
pearl
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Where is Australia's second bitcoin ATM machine?

Last ABC1's 7:30 ran a balanced Bitcoin story. http://www.abc.net.au/7.30/content/2013/s3926368.htm In it they showed a Bitcoin ATM being use in Melbourne. They also said "One way to buy Bitcoins is using Melbourne's first Bitcoin machine. It's one…
gnoll110
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Preventing theft of Bitcoin ATM

I am considering buying a Lamassu Bitcoin ATM machine. The small machine is apparently "grab resistant". Does anyone know how the grab resistant mechanism works? Are there hooks on the back?
Randomblue
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How are Bitcoin ATMs secured against double-spends?

Some bitcoin ATMs allow the exchange from bitcoins to paper money. Since waiting in front of an ATM for a confirmation is not feasible, they must defend themselves in another way against double-spends. How do they do that?
jnnk
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What happens if I buy BTC from an ATM, but the transaction never confirms?

I bought bitcoin through the atm machine, it was sent to me but is yet to be confirmed over 52hrs.. if the transactions later disappeared from the mempool / blockchain, how will the sender get back the fund, since not send from a wallet?
Femi Akinkunmi
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How do exchanges and atms introduce bitcoin

As far as I know, Bitcoin is "mined", introduced into the system as part of the protocol, a reward to the miners for verifying everyone's transactions and keeping the network up. But how do exchanges and ATMs introduce Bitcoin into the system? Say…
Joseph
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Selling Bitcoin for cash in my store

I am small tech store owner and I was recently thinking about selling bitcoins for cash into my store. A lot of clients asked me if I could install a BTC ATM in my store. But investing in an ATM machine isn't possible for me at the moment. So I…
Nicolas Meienberger
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Creating a BTC Gateway with ATM Network

We have a ATM Network and we want to sell and buy BTC or ETH on our ATMs, using our own switch. How can we do it?
marcelohst
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First time buyer, questions before I screw up

I am wanting to buy BTC to buy goods but things are a bit confusing to me. First off, would I be better off buying from someone or a website, or use an atm? Once I purchase the BTC what is the best place to store it? I don't want to link bank…
BK82786
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Launder cash using bitcoin atms

Is it possible to launder cash this way: Purchase bitcoins at an atm using cash. This is completely anonymous right? Then sell them on an exchange and report the gains there to the IRS as if they were mined bitcoins. Possible?
user24987
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Is there a Bitcoin ATM in London?

Now I know there is one Bitcoin ATM in Vancouver, Canada. Is there a Bitcoin ATM in London? If yes, where is it located?
Joy
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Bitcoin ATM paid out to a phone number, how can the funds be retrieved?

A friend was trying to send me bitcoin using a Bitcoin ATM, she sent the funds to "her phone number" instead of my wallet QR code. The ATM indicated that Bitcoin was sent, but my friend doesn't even have a wallet address. It seems like a wallet…
user96229
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