I normally DCA Bitcoin but when I was pumping gas at a Circle K yesterday I saw a Bitcoin of America ATM and had some extra cash and figured I'd give it a try. The only identifying information you had to enter was a phone number and birthday. It texted a confirmation code. So I guess if you had a burner phone and entered a fake birthday you could buy it non-KYC. The fees were really steep. I put in $285 and got $239 worth of Bitcoin. The way the QR code scanner was angled made it impossible to scan so I had to enter my wallet address manually. Another downside is you don't get a transaction ID so you can't track it on the memory. Bitcoin was in my wallet within 15 mins and of course went home and transferred to my hardware wallet.
All in all it was a cool thing to buy Bitcoin with physical fiat but I won't be doing it again. Fees are way to high.
Submitted August 03, 2021 at 08:07PM by usmc0428 https://bit.ly/3A5BxPb
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