Bitcoin ATM's Best/Worst - Your experiences


#1

As the topic title suggests… what have been you best and worst experiences with Bitcoin ATM’s or BTM’s if you prefer.

There’s a growing range of choice with obvious market leaders such as Lamassu. I personally am a big fan of the bitXatm with it’s Point of Sale screen attached. Makes for some interesting deployment opoprtunities.

I did use one of the first Robocoin machines in the UK and found it to be a rather dire experience and watching it through the course and a number of hours, it struggled.

I’ve used Lamassu kit on more than a few occasions and they’ve always been rock solid performance.

And the really cool leftfield one has been using a Coinkite terminal tethered to my mobile phone and being able to sell BTC and issue invoices “in the field”; at conferences, cafes and exhibitions. Very powerful device, albeit a bit expensive.

So, what’s done it for you?


#2

Never understood the use of ATM’s Never ever needed them in any way. And as of now with the e-coin.io card I can shop with paypal (Yes i linked the card to my paypal account) I can shop at retail stores with PIN and CHIP terminals. Why would you ever need to get cash?


#3

They’re great for new users to onboard with some BTC.

And BTM’s are mostly about new users and early adopters I believe as they are readily accessible points of purchase for those not so acquainted with the online offerings, or they are suspicious of them.

Those with a POS addition can sell virtual and ticket based goods, ideal for tourist areas where BTC use likely to be better/can be improved through marketing etc. This is where lower fees really works tbh, international users.


#4

Pitt st sydney robocoin use it a few times to pay for lunch.
Under 5 min withdrawal, alright spread.
Hand scan used to activate


#5

We have here in vienna just 1 bitcoin ATM, and it is not working and that sucks…next btc ATM is in the next city 170 km away…so until now i had not the pleasure to play with ATM’s :rage: