VitaminS
For Imperishable glory of the Kingdom of Heaven...
★★★★
- Joined
- Feb 13, 2023
- Posts
- 2,391
Need it to buy stuff online... does the price fluctuate? Will I loose money holding crypto?
Need it to buy stuff online... does the price fluctuate? Will I loose money holding crypto?
Damm did not know Bitcoin atms existed, sounds shady as fuck.I don’t know why nobody will give you a straight answer.
- Make sure you have a Bitcoin wallet.
- Find a Bitcoin ATM near you, just search for one on the internet. Go to the Bitcoin ATM, and insert cash into the machine, in return you will get crypto. Remember, you will be charged an ATM fee, and a mining fee (like 12% depending on what crypto you want).
- Some Bitcoin ATM’s will want to scan your ID, I try to not use those. My favorite Bitcoin ATM’s are the ones that use your phone number to verify your identity, and to text or email your receipt to you.
- I don’t suggest buying crypto using Coinbase, it’s actually more of a hassle. Recently, Coinbase changed the procedure for buying and selling on their site. A few months ago, Coinbase switched to a different company to handle payments, and that company wanted too much of my personal information, so now I just use Bitcoin ATM’s.