Found in the Wild \ stacker news ~bitcoin

41 sats \ 7 comments \ @siggy47 17 Jan 2023 bitcoin

While shopping with my daughter at a Walgreens I accidentally discovered the first Bitcoin ATM I have seen in the flesh. It was a Liberty X sponsored machine, combined with a Sandy Spring Bank debit card ATM.

I downloaded the Liberty X android app and attempted to create an account, but the app rejected my cell phone number as being invalid. Since I'll be in the neighborhood for a few months, I intend to keep playing around with it.

I'm curious to see what, if any, KYC is required. There is a 9% fee.

I wonder if others on SN have experience with a Liberty X ATM?

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357 sats \ 1 reply \ @timechain 17 Jan 2023

Haven't tried one from that company.

Just for kicks, try a number from sms4sats.com. it works at the ATM near me, just 3000 sats for a number that can receive a verification code.

1 sat \ 0 replies \ @siggy47 OP 17 Jan 2023

I will. Thanks for that resource.

268 sats \ 1 reply \ @NorthKoreanHostage 17 Jan 2023

I've seen them everywhere. Just search BTC ATM on Google maps.

I think they're overpriced. You wouldn't pay more than 2% including withdrawal fees.

217 sats \ 0 replies \ @siggy47 OP 17 Jan 2023

Wow! You're right. I just did. I had no idea there were that many in the US.

5 sats \ 1 reply \ @muteness11 17 Jan 2023

9% fee! .... this isnt an ATM (Automated Teller Machine) but more like an ARM (Automated Ripoff Machine)

0 sats \ 0 replies \ @siggy47 OP 17 Jan 2023

It sounded pretty outrageous to me too. Then I read this post where they mention that fees range from 7-20 percent! Is anyone buying non kyc from an ATM without paying ridiculous fees?

3 sats \ 0 replies \ @Cleartest 17 Jan 2023

Haven't tested a liberty X ATM. But used a coinflip one and it took my phone number and got bitcoin to my test wallet of satoshi! I am avoiding ones if possible that KYC you besides a phone number.