First time purchase BTC from the BITCOIN 🏧!
I just found there is a bitcoin atm nearby in my district, so I decided to have a first try to buy some bitcoin from it. lol
It machine looks very simple.
Tap the touch screen at the top to begin, then it will ask you to scan the qr code of your wallet at the bottom right corner.
After scanning your wallet, you may insert the bank note to purchase the bitcoin. Tap the screen again to complete.
The atm provide a simple way to exchange the bitcoin, no need to register a trading account and no credit card is needed.
Although the price is a bit expensive, about 8% higher than the market price, it still a easy way to promote the cryptocurrency to the public!
Very interesting do you think one day this will be comon place by regular cash machines 💰
May be! until the day when cryptocurrency has become the mainstream and replaced our traditional currencies!
oh wow, but why would you buy it from an atm if it is way more expensive? doesn't make sense to me at all ..nice post though, followed <3
8% for the convenience today, means very little, when Bitcoin's price grows so fast over the long term.
For example, someone who bought bitcoin via the atm when Bitcoin was $600 doesn't care about the 8% fee considering Bitcoin is now $2700
Exactly @intelliguy. 8% may not a big cost compare to the price of BTC we expect in the future!