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286

It turns out these are more ubiquitous than I originally thought so I figured maybe I would go to one.

I'm not reading anything about buying crypto to deposit directly into offline storage like a Trezor. Is this not possible?

I see them located at gas stations and pharmacies, not banks so much. Are people really bringing thousands of dollars of cash to a shady-ass gas station to do these transactions? Seems pretty dumb to put them there.

Anyway just curious what the experience has been for anyone that actually used one.

It turns out these are more ubiquitous than I originally thought so I figured maybe I would go to one. I'm not reading anything about buying crypto to deposit directly into offline storage like a Trezor. Is this not possible? I see them located at gas stations and pharmacies, not banks so much. Are people really bringing thousands of dollars of cash to a shady-ass gas station to do these transactions? Seems pretty dumb to put them there. Anyway just curious what the experience has been for anyone that actually used one.

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I bought Bitcoin using cash at a Bitcoin atm in Baltimore back in 2017. I had a burner phone with a Bitcoin wallet. Best investment I’ve ever made. The fee was something crazy like 18% but still worth every penny.

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Do you keep it in an exchange or offline/cold storage?

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I used a Bitcoin wallet on my phone. Never had any issues.