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Thread: Bitcoin ATM RIP off?

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  1. #1
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    Quote Originally Posted by beanpo1e View Post
    You can pay in cash at a bitcoin atm.
    Sorry but I’m such a newb to crypto. I’ve been reading up today and trying to get into it.

    The bitcoin machine near me asks for mobile number and then a wallet to transfer too.
    Would This not leave a trail?

    For now I just wanna get it for extra discounts when purchasing but I guess it’s the future and I need to know how to stay anonymous.

  2. #2
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    Bitcoin ATM RIP off?

    Quote Originally Posted by Littlearnie View Post
    Sorry but I’m such a newb to crypto. I’ve been reading up today and trying to get into it.

    The bitcoin machine near me asks for mobile number and then a wallet to transfer too.
    Would This not leave a trail?

    For now I just wanna get it for extra discounts when purchasing but I guess it’s the future and I need to know how to stay anonymous.
    Thats why you move it to another Wallet and run it through a grinder if you are concerned

  3. #3
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    Quote Originally Posted by Bio-Active View Post
    Mycilium is super easy to use and secure. Blockchain is easy to use. Those are my go to wallets. If you want an even more secure wallet then look at electrum. These are just wallets not exchanges.
    TYVM. Mycelium looks like it will do the trick.

    Quote Originally Posted by Bio-Active View Post
    Thats why you move it to another Wallet and run it through a grinder if you are concerned
    Could you not also do this if buying coins through an exchange?

    I was looking at hardware wallets too there’s so many! But if wanting to stick with Anonymity I guess You’d have to find a shop that sells them in person.

    From what I can tell so far it looks like crypto could be the cash of the future. (Late to the party :/ )

  4. #4
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    Bitcoin ATM RIP off?

    Quote Originally Posted by Littlearnie View Post
    TYVM. Mycelium looks like it will do the trick.



    Could you not also do this if buying coins through an exchange?

    I was looking at hardware wallets too there’s so many! But if wanting to stick with Anonymity I guess You’d have to find a shop that sells them in person.

    From what I can tell so far it looks like crypto could be the cash of the future. (Late to the party :/ )
    You do not want to use the wallet that comes with your exchange account. Move it from there to one of the wallets we talked about either BC mycilium or electrum

  5. #5
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    Quote Originally Posted by Bio-Active View Post
    You do not want to use the wallet that comes with your exchange account. Move it from there to one of the wallets we talked about either BC mycilium or electrum
    I went with blockchain. Seems they have their own exchange now too. I just need to buy around $320 now. Looking around to see best exchange as I read they all take commission for transferring and stuff :/ .

    What I meant was if you buy from an atm then “put through a grinder and transfer wallets”. Could you not just buy from an exchange put through a grinder and then transfer wallets the same?

    I’m just curious! I mean atm it’s all connected to me. App is on my phone and connected to my email. I will use my card to buy. I’m not really bothered it’s just the site I wanna use only accepts crypto.

    But I would like to know just in case they ever actually manage to get rid of cash cash!..

  6. #6
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    Quote Originally Posted by Littlearnie View Post
    I went with blockchain. Seems they have their own exchange now too. I just need to buy around $320 now. Looking around to see best exchange as I read they all take commission for transferring and stuff :/ .

    What I meant was if you buy from an atm then “put through a grinder and transfer wallets”. Could you not just buy from an exchange put through a grinder and then transfer wallets the same?

    I’m just curious! I mean atm it’s all connected to me. App is on my phone and connected to my email. I will use my card to buy. I’m not really bothered it’s just the site I wanna use only accepts crypto.

    But I would like to know just in case they ever actually manage to get rid of cash cash!..
    Blockchain exchange? I don’t think so

  7. #7
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    Quote Originally Posted by Bio-Active View Post
    Blockchain exchange? I don’t think so
    Just googled to make sure. Says blockchain exchange was created created in jul 2019 :/ .? I can buy bitcoin staright from my blockchain app anyway. If I send them a selfie and more I’d that is.

    https://exchange.blockchain.com/

    Coinbase bro charges me 4% by debit or 0.5% if I link my bank account. Which I’m trying to do!

    Also crypto.com offer this month 0% Buy fees.

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