Description
UpdateBuy and sell bitcoin, litecoin and ethereum with cash using 6,000+ Bitcoin Depot ATMs in the U.S. and Canada.
Reviews
Write a reviewJames Silverthorn - November 8, 2017
Jean R. - November 8, 2017
Jenkins Monzey - November 4, 2017
Tiffany - November 3, 2017
Riley Duke - November 2, 2017
Sammy Jo - October 26, 2017
Brian T. - October 26, 2017
onelegna - September 28, 2017
Don - September 16, 2017
Derell - September 10, 2017
John - June 30, 2017
kenw - June 24, 2017
I found a better way to buy bitcoins with cash that is just as easy. The name of the company is LibertyX. Just go to one of their outlets (usually a retailer), give them cash and the bitcoins are transferred.
I got to talk to the person who does the transaction and I got a better exchange rate.
I bought $100 and $91 in bitcoin (a 9% haircut) was deposited into my wallet. Still a rip-off but better than coin depot.
kenw - June 17, 2017
The AirBitz wallet was very easy to download and install from Google Play.
Using the Bitcoin Depot machine was also quite easy. I remember entering my email address and phone number and setting up a pin, then scanning the AirBitz barcode on my phone. Then I fed my bills into the bill reader and that was it. It took about 5 minutes for my first deposit and about 20 minutes for the bitcoins to go to my AirBitz account. I was surprised that the fees were so high. Only $84 went into my wallet. Outrageous!
Why am I giving these price gougers 4 stars? Because it was easy and there is no other place to go and buy bitcoins. So no competition means high fees, in this case 16%.
If someone knows a cheaper way to buy Bitcoins that is just as easy, let me know, I am all ears.
Anonymous - June 4, 2017
Don't deposit cash at the Bitcoin Depot machines.
The rates are not disclosed until after the transaction is complete.
Their fees are almost 20% just to buy bitcoin.
My deposit was $250 cash and I ended up receiving only $207.50 of bitcoin.
The exchange rate was $3,042.14 when the bitcoin price at the time was only $2,500. This was not disclosed until after I deposited money and was not able to cancel.
Criminal activity with this company. Not what Bitcoin is about.
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