Bitcoin With Cash via ATM in Sydney
Locations : Buy Bitcoin with cash in Sydney, Melbourne
Launceston and Hobart
twenty locations in all major cities
- Three in Sydney – Western City next
- Two in Melbourne – CBD and other suburbs coming
- Two in Tasmania
- Coming soon: Adelaide, Perth, Brisbane, Gold Coast
BitRocket is selecting playmates and locations for thirteen more machines, all ready to go and coming this winter – contact us if you are interested or want to talk about partnerships.
Contacts from Asia welcome.
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See how effortless it indeed is
Buying with cash is plain and you can install a free bitcoin wallet app (Mycelium Wallet or Airbitz are good). You only need your cash and the wallet app QR code. For cash out, just your wallet app is needed. No Fuss, no hassle.
Be innovative, get ahead of the crowd. Bitcoin is switching the world: from third-world traders who can sell their wares internationally for lots of petite transactions, through to Cherry Galactic suggesting flights to space for Bitcoin
We connect you to the best Bitcoin money markets to get you good rates. That way your Bitcoin can go even further. Watching the price of your Bitcoin holdings vary can also be joy, and some Bitcoin advocates advise holding at least a puny amount of Bitcoin long-term.*
No fussy sign-ups and wire transaction fees to obscure foreign exchanges, or trading with people you never met who might scam you. You can pick the moment of your transaction in convenience, at your own terms, whenever the price suits you and get your coins in seconds. When you use BitRocket ATMs you get exactly the rate on the screen and it is done in seconds, you’ll be able to check it and just repeat if you wish for more.
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How is this an ATM?
ATM is an automatic teller. Tellers at banks take deposits and withdrawals. Because of the way Bitcoin turns the world of banking on its head, the most useful thing an ATM can do is take cash and give you Bitcoins. Because with Bitcoin you are your bank, and most people out there have yet to get their arms on Bitcoin. Converting cash into Bitcoin is the most useful feature right now. Converting Bitcoin into cash is useful, but will come later as we roll out. For now think of it this way: Bitcoin is like email and cash is like letters. How often do you want to print your email? Not as often as you want to send one.
How do I use it?
There is an area on the bottom right of the ATM that can scan a QR code. A QR code is a series of dots that tells the machine where to send the Bitcoin you buy. So very first you demonstrate your QR code (from your smartphone screen or on paper). Then you insert the notes you want to convert, one after another. Lastly you check the number of Bitcoins on the screen and press send! The machine shows you another QR code which is the transaction receipt. Your smartphone will display the amount transferring to you within a duo of seconds.
How can I get commenced?
You can use a printed wallet at the ATM – and geyser it with Bitcoin. Or get a smartphone wallet for greater plasticity, e.g. on Blockchain.info. This can be used on your mobile or from your computer. On Android there is Bitcoin wallet, Mycelium and Blockchain. On iOS there is Coinjar.
But I can’t afford a Entire Bitcoin…!
Fortunately you don’t need to! Just like dollars are divided up into cents, Bitcoins are divided up into a thousand** ‘millibitcoins’ – sometimes called ‘millis’ – or mBTC. So for example a beer might be 7.25 mBTC. You can insert as little as $Five to get embarked attempting Bitcoin.