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RE: Using a Bitcoin ATM to Withdraw Cash with Money Earned From Steemit ( Video/Pics Included)
How many % do they take off the transaction? Last I heard, Bitcoin ATMs do take a huge chunk!
How many % do they take off the transaction? Last I heard, Bitcoin ATMs do take a huge chunk!
yes it's high but I got lucky today because the blockchain took a while to mine my block, so I called the number on the machine and they readjusted it for me. It's normally 5-10% I was told, I got charged 1% today. It also depends on the priority your wallet is set to. But the exchange rate was high $2440.02
I think perhaps you could find a better deal through localbitcoins.com but i guess that's entirely where you're doing this. Thanks for the video showing others how all of this is real :)
Thanks, a lot of people don't even know what Bitcoins is lol, The gas station that had this BTC-ATM didn't even know what it did! I'm sure you know that a lot of people are skeptical of crypto, they just don't get it! Maybe it's better for us! ha but you are right I wanted to show how Steemit is the real deal and bring awareness to the ATM :) Crypto to Fiat!
Thanks for your input @kevinwong
True localbitcoins.com may offer better price for BTC...
why where are you located and have you used localbitcoins.com?