Top 5 Bitcoin ATM Regions To Keep An Eye On

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Indonesia is a country housing an emerging market largely focused on technology and IT. These factors make it an interesting and promising place for Bitcoin adoption. Most of our readers will be aware of the fact that Lamassu is the leading Bitcoin ATM manufacturer and provider in the world, to date. But, that is not the only similarity to be drawn between both machines.

While it is not up to the ATM manufacturer — but rather the ATM operator — to decide which feature bitcoin atm machine in indonesia you offer to customers, this is an interesting choice, to say the least.

Indonesia could greatly benefit from an opportunity to convert Bitcoin into local currency at a Bitcoin ATM. Granted, there is one major Indonesian Bitcoin exchange — called Bitcoin. Note from the Author: Considering the fact that Bitcoin. But, there is room for competition if you ask me!

However, there is a limit of 1 Bitcoin atm machine in indonesia per transaction in place, which seems a little strange. Last, but not least, the bitcoin atm machine in indonesia rate is determined on the Bitcoin. This ATM also has the same 1 Bitcoin per transaction limit in place and is subject to the same exchange rate and fees. We can only hope to see some competition going on in this emerging market, as it could be a great opportunity to increase Bitcoin awareness and adoption.

JP Buntinx is a freelance writer active in the world of financial technologies. His work can be found all over the internet, and a complete portfolio is available at http: JP Is always open to new challenges and ideas.

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Please watch the above video 2: My Bitcoin originated as Steem, so it felt great to finally convert some of my hard work into cold hard cash and also finally get round to posting episode 21 of Sammy's Simple Solutions!

A series I have not added to ever since I discovered steemit, having found films to be less effective than well written articles. Of course, I knew there wouldn't be any problems making this exchange today , but still needed to see it with my own eyes There were in fact a few unexpected surprises.

Not cheap by any means, but when you need some quick easy cash from your BTC A poster on the wall of the exchange shop. My Indonesian ain't all that hot, but I'm guessing there is some good info here.

The super friendly exchange dude who converted my 0. Next time I will use the Localbitcoins site to avoid this charge and naturally, I will film the whole journey to share it with you here on Steemit. Great video brother, nice to see you back to vlogging, family looks super cute and happy! It works everywhere we go and makes it easy to draw our bitcoins when we need them at atms as well as simply electronic swipe.

Coinbase does require some form of ID and shift of course needs some proof of address to deliver a card to. However if you're a regular user of bitcoin and not too bothered about anonymity then this is a really functional asset to have imho. And yes, I am lucky that she likes to drive but less lucky that she likes to swear and beeb constantly at all the bad drivers here: I also saw the bitcoin sign outside exchange in Kuta.. Localbitcoins also has higher rate than typical exchanges especially when is for person to person exchange The same applies for fiat exchanges If you use online forex, you make the prices Nice video though and for Bali is probably the safest way to exchange Better than having to carry cash from home and for sure better than using a credit card in Bali You should probably note the fees you have to pay if you use a foreign card in Bali or the risk to be scammed Do you remember what was the rate he charged you?

What was the price of bitcoin at that time and how many rupiah you got in the end? I didn't make a note of the exact rate he gave me as I was so excited at the time just to be picking up the cash! Next time I will ask. And thanks for the advice regarding person to person exchanges. Didn't realise that these too had fees. Here are a few pictures from my day. The sign in the window A poster on the wall of the exchange shop.

Here are the sites I looked at and mentioned in the film: Please resteem this article so that others may learn from it. Authors get paid when people like you upvote their post. Das schnelle Geld kostet eben auch was Yes indeed, one always pays extra for convenience: Why do not you book it on a debit card??

Haven't had a debit card for 3 years. Is this something Bitcoin can provide? Gonna get myself one of these! Yes, this certainly sounds like a useful thing to have: Thanks for the info. I enjoyed writing it. And making the film: The guy must be running a thriving business.

A lady who likes to drive? Good for you, man. Especially when those big transfers come in! Yes, and with the rupiah they have there, he's easily a multi-millionaire. I was a millionaire the moment I arrived here: I would love to see how to convert BTC to cash via local bitcoins.