FIRST TIME USING A BITCOIN ATM (Jersey City, NJ) – BTC / LTC / ETH
Checking to see if Spee.ch has your asset locally...
I went to the Bitcoin ATM in Jersey City, New Jersey to get familiar with using one. Withdrawing less than $800 cash requires text message verification. Withdrawing more than $800 cash requires personal identification (Driver's License). To withdraw $20 cash using Bitcoin, I had to wait 15+ minutes and I was charged $24 in fees due to Bitcoin's high transaction fees and slow network right now. I recommend using Litecoin if you need to withdraw cash using a local cryptocurrency ATM. Until Bitcoin SegWit is deployed by all websites and networks, Litecoin is the ideal asset to use right now.
- I am not a financial advisor, nor is this professional financial advice. I am simply sharing my journey with the world. What you do with your money and time is your responsibility, and any information in this video that causes you to take an action is your decision. We are not liable for the outcome of your actions. * ... https://www.youtube.com/watch?v=ML-2zt6Rb1s