How to Buy Bitcoin from an ATM: Genesis Bitcoin ATM Tutorial

In this video tutorial, we explain how to buy Bitcoin from a Genesis Bitcoin ATM. No Bitcoin ATMs near you? You can also buy Bitcoins online with your credit card at bitmachina.ca/credit-card
If you are looking to buy Bitcoin in Eastern Ontario, please visit our website: bitmachina.ca

[@Tauheed-qw8bz]

Hey, I want to start investing but don't know where to begin. Any advice or contacts for help?

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[@davidharry4881]

What's the optimal strategy for someone with around $5000 or even less, to begin trading cryptocurrencies today?

[@karolinakukielka7690]

You need a pro or very goodTrader. Someone like Stephany Reuben

[@taranpy2528]

Almost gave up due to constant losses, but Steph turned my luck around

[@bellacfu9671]

I went from 15k to 97k with Steph. Thanks to that i paid off my debts

[@zeezacolefyyp]

Leveraging market changes is a remarkable talent Stephany has

[@davidharry4881]

what is the best way to text her?

[@ThisTall]

This was very simple. But it would have been nice to see that it made it onto your app wallet.

[@Sammy_dgreat001]

You explained well 🎉

[@peggiethompson1749]

Instructions looks easy to follow

[@lucamayer657]

Yea

[@baijidhaque5521]

I'm in Guyana and I'm 17years only will i be able to buy btw with cash?

[@user-hg5qj2lo1u]

Sorry can I send to a trust wallet using my address not scanning

[@zub551]

thanks for that

[@ajibadejoshua5158]

Can't I pay with card?

[@Love-dc8wh]

Are you guys in Washington State, Pullyallup?

[@starwarz8479]

Thanks for the video So you can only buy but not sell with the ATM? Can you demonstrate how to withdraw Litecoin to Fiat Currency from the ATM please?

[@bitmachina3004]

The process of buying cryptocurrencies from an ATM is usually the same no matter the cryptocurrency. Some ATMs also allow you to sell your cryptocurrencies for cash, but it's not the case with all of them. If you wish to know how to sell your cryptocurrencies with our ATMs, please see the following video: kzbin.info/www/bejne/g4evmJdofJWCpas

[@marybryant1689]

I don’t understand it am new at this bitcoin

[@bitmachina3004]

@@marybryant1689 We offer a starter pack that covers all the basics you need to know to understand Bitcoin. You can find it at bitmachina.ca/starter-pack

[@dbillet5222]

Can you buy with your debit card?

[@harakiri3250]

I'm from Belgium and I want to try the ATM in Germany do they ask ID verification or not and just put the money and scan ?

[@bitmachina3004]

Each country has its own laws and regulations. Companies like ours ask for ID not fun, but because we are required to by the government.

[@richardcrown9764]

YES REACH HER ON HER TELEGRM

[@richardcrown9764]

investwithMillian is her user name for help

[@zub551]

I will listen tomorrow

[@edvhollywood4544]

Thank you. I need a machine in Guadalajara Mexico.

[@bitmachina3004]

The machine we use can be bought on bitcoinatm.com

[@D33Lux]

Can I use a cold wallet such as Ellipal Titan and scan the Bitcoins into the wallet with QR code? What if someone doesn't have cell phone, can you still purchase? Can you buy other crypto's from this machine such as Ripple, Dogecoin and Etherum? thanks

[@bitmachina3004]

Yes, you can use Ellipal Titan. You need a phone number to use our machines; and as of June 1st, we will have to comply with new laws and ask for more information. You cannot buy other cryptos from our machine, but other machines might allow you to.

[@D33Lux]

@@bitmachina3004 Thank-you for responding so quickly, if its no trouble can you please inform me what new laws, and why they require more information? Do you have a web link that explains the new laws? Thank-you kindly for your consideration.

[@bitmachina3004]

@@D33Lux I don't have any web link off-hand. But basically, it will require us to verify the identify of people who want to buy more than $1,000 worth of cryptos in 24 hours. We will have to ask their name, where they live, their date of birth, why they want to buy cryptos, sometimes check their ID, etc.

[@joanahull752]

Well thanks for the video but what if i screenshot my QR code for someone to scan it at a bitcoin ATM and put money on my account? Will that work too? Hope to get a reply soon thanks

[@esgclan4777]

Yes that will work

[@bitmachina3004]

Yes, it will work. However, to be sure we understand each other: you should never send Bitcoins to someone you don't trust or someone you have never met in real life. In fact, you should send it to a wallet you own and be very careful if you decide to send them to someone else. Bitcoin transactions are very hard to trace back and are irreversible.

[@shinaokiki6288]

How long does it takes to get my btc reflected on my blockcain bitcoin wallet after buying through the btc machine with cash

[@bitmachina3004]

@@shinaokiki6288 Anywhere from 30 minutes to a few hours.

[@pamelajosephine741]

Can I buy bitcoins on the bitcoins machine and pay with my debit card instead of paying with cash

[@Forextrading-od7vu]

My sincere apologies for the unexpected message but your account came up on my suggested to connect to so I decided to send you a dm to introduce you to Forex trading. May I?

[@glahglah7933]

If my blockchain account is not verified with gold level Can I still send Bitcoin from the Machine to my wallet?

[@bitmachina3004]

Yes, I believe so.

[@Forextrading-od7vu]

My sincere apologies for the unexpected message but your account came up on my suggested to connect to so I decided to send you a dm to introduce you to Forex trading. May I?

[@michealmarvellous8446]

Do all the Bitcoin ATM accept inserting of cash?

[@bitmachina3004]

Pretty much, yes.

[@user-hb9tn2hb2y]

Where is this bitcoin located??

[@agyapongjunior557]

Will you go through this process if you are a first timer??????

[@bitmachina3004]

Yes

[@fed2506]

Does that mean if I want to buy 2000 I will put it all the cash at ones?

[@bitmachina3004]

You can put 2000 in cash all at once if you have it, but you can also put several, smaller amounts, too.

[@fed2506]

@@bitmachina3004 but they are demanding for ID

[@bitmachina3004]

@@fed2506 Customer identification is highly dependent on the country you are living in. Countries have different rules on how and when ATM operators are required to identify customers.

[@louisemeiveh9505]

Can I buy Bitcoin from the machine paying with my credit card ?

[@ronburge]

Can you please explain how this works for me because I have no clue what it means for my life right now because I’m not really sure how to do it right

[@nathalieemmanuel8185]

Hi, can I use an Argentine mobile number for verification on your atm?

[@bitmachina3004]

No. We only accept Canadian phone numbers.

[@cs77smith67]

So in other words u just putting the amount of money 💰 into your account? What if I'm trying to send money 💵 to a family or friend, do I give them the recipe information?

[@bitmachina3004]

Yes; and they would provide you with their wallet address. However, we highly suggest that you send the Bitcoins to your wallet first and then send them to whomever you want afterwards. Also, please note that because Bitcoin transactions are hard to trace back and are irreversible, they are popular with scammers. NEVER send Bitcoins to someone you don't trust and have not met in REAL LIFE. Cheers.

[@cs77smith67]

@@bitmachina3004 Thank you so much and will do. Do u have a video on how to send money to someone from your bitcoin/coinbase account?

[@bitmachina3004]

@@cs77smith67 We do not have such video yet, but you can find many tutorials on YouTUbe.

[@djstickxx4312]

Where can I get this ATM machine in Oakland

[@bitmachina3004]

bitcoinatm.com

[@agyapongjunior557]

Can the Bitcoin ATM machine be out of service? And how long does it take to get Back to normal?

[@bitmachina3004]

It can be out of service, though it's rare.

[@agyapongjunior557]

@@bitmachina3004 okay thank you

[@mossmichael5882]

It can but not oftern

[@Forextrading-od7vu]

My sincere apologies for the unexpected message but your account came up on my suggested to connect to so I decided to send you a dm to introduce you to Forex trading. May I?

[@ivangtosorio4479]

My friends get 100 mile $ ,but he need pay for taxes first for get them …what do you think about that???

[@bitmachina3004]

It sounds like your friend is being scammed.

[@genemelnik8770]

With no cell phone #, possible to get through yes/no?

[@bitmachina3004]

Not with us, no. Some operators might allow it, however, depending on how much you are looking to buy and the country you live in.

[@markantonio8415]

I want to know if I can buy bitcoin from your ATM using my debit card

[@bitmachina3004]

No, we do not support debit cards.

[@waynevergas6625]

I'M NEW TO BITCOIN AND I HAVE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING.. I THOUGHT TRADING DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET.. PLEASE CAN ANYONE HELP ME OUT OR AT LEAST REFER ME TO A GOOD BROKER.

[@winonaodina1898]

Mrs cathiewood service remain the best because she teaches how to trade she also provides all the signals needed for trading and the trading classes is organized on her numerous Watsp groups

[@johnsonogima8077]

Wtf!!, y'all know Mrs Cathie wood too wow!!!, she's really a good trader. She's my portfolio manager, her skills are top notch. Didn't take her for the famous type

[@johnsonogima8077]

it's obvious a lot of people remain poor due to ignorance because of not having the knowledge that forex market is the only profitable investment you can ever think of doing.

[@angelqais421]

you are right trading on your own is very risky I have lost a lot money trading for my self so I wouldn't advise anyone to do the same

[@patriciajose4085]

@@johnsonogima8077 It's not about ignorance but due to lack of unprofessional and trustworthy trade no doubts but they're still good and trustworthy expert out there waiting for an investors

[@catalino8010]

yeah, the fees are up to 20%, dont know whats with the crypto, I send 1000 to a service and the atm charge was 120 , mind blowing

[@nathalieemmanuel8185]

Does your machine allow an American mobile number?

[@bitmachina3004]

No.

[@stefanniealfonso3968]

The atm is not accepting cash 💵 I don’t know why

[@bitmachina3004]

Which ATM or location are you talking about?

[@charlottemark1868]

Can you please share a video where we can use create new wallet

[@bitmachina3004]

Hey Charlotte! Do you want us to make a video showing how to purchase Bitcoin with a paper wallet? We want to make sure we understand your question.

[@charlottemark1868]

@@bitmachina3004 yeah exactly. That’s what I meant .

[@charlottemark1868]

@@bitmachina3004 you know there Are three options there. So I want to know about the one in the middle. Print out the barcode and the receipt

[@bitmachina3004]

@@charlottemark1868 Okay, perfect. We'll make one as soon as we can.

[@lucamayer657]

@@charlottemark1868 Hello

[@annieperezwalker4221]

So credit cards are not acceptable??

[@bitmachina3004]

Most ATMs do not accept credit cards indeed. We do not.

[@alexisvidztv5990]

What’s the fee percentage?

[@bitmachina3004]

12%

[@gabrielamoreno4742]

I'm having trouble sending bitcoin to a wallet address (not my wallet). After I enter the address wallet, it asks me to create wallet. I don't want to create a wallet. what can I do to fix this?

[@bitmachina3004]

Are you using one of our machines in Ottawa or are you talking about ATMs in general? Also, I must note that you should NEVER send Bitcoins to someone you haven't met in real life. Bitcoin transactions are very hard to track and are impossible to revert. Scams are very real.

[@gabrielamoreno4742]

@@bitmachina3004 I'm using a bitcoin atm, here in California. And the wallet address comes from a delivery company that's holding my package. Until I pay the insurance policy

[@bitmachina3004]

@@gabrielamoreno4742 Hello. This is a common scam. Don't send them any Bitcoins.

[@mariaelainegozum-chan361]

@@gabrielamoreno4742 what company was that & the name of the person asking you? can you please tell me?

[@bitmachina3004]

@@mariaelainegozum-chan361 If you are dealing with a company that asks you to pay in Bitcoin, it's absolutely a scam. Don't send them any money.

[@josephf9165]

A scammer just sent me this link so I could send them $30,000 😭😂

[@bitmachina3004]

I'm happy to hear you didn't get caught! Scams are unfortunately very common.

[@Perkinsalvin7226]

I am glad that became interested in cryptocurrencies because it was a financial breakthrough for me and was my best decision so far.

[@tmobiles9010]

Regards, it's the fourth time I've seen positive reviews from this Mr. Ray, think I'll have to try.