If you read this post you probably have already purchased bitcoins from a bitcoin ATM and instead of using your own previously created wallet address you let the machine generate one for you. If you are still planning to buy bitcoins from a bitcoin ATM you might want to use our bitcoin ATM map to find a location or check our tutorial on how to buy bitcoins from bitcoin ATM.
Not all bitcoin machines support generating and printing of address on receipts, many don’t even support printing receipts at all. So here is a list of known bitcoin ATM types, which can generate and print a paper wallet for you:
All Genesis Coin ATMs (Genesi1, Satoshi1, Satoshi2) can do this:
Also General Bytes two-way BATMThree model (one way BATMTwo doesn’t support it), BitAccess machines and BitXatm bitcoin ATM can generated and print receipt with bitcoin wallet address:
This is a review of a bitcoin ATM usage provided to us by Paul Nguyen – a participant in our “Use bitcoin ATM and get a hardware wallet” campaign. Bitcoin ATM is located at Marina smoke shop in Huntington Beach, CA and is operated by National Bitcoin. Using our site you can easily find and compare all bitcoin ATMs in California or in and around Los Angeles.
When I was first introduced to the Bitcoin world, obtaining them was difficult. This magical form of currency allowed so much yet remained quite aloof to me. All the bitcoin ATMs were far (approximately an hour drive to the nearest) and venturing out to them was an expedition that had to be planned ahead of time. I searched for sources and researched ways to obtain bitcoins, but none ever gave me what I wanted how I wanted it. Ultimately, obtaining bitcoin was difficult and inconvenient.
UPD: Campaign is ended. No wallets are left.
Bitcoin ATM is one of the easiest ways to acquire bitcoins. However, after you have bitcoins in your wallet – now it matters to keep them safe. At the moment, the most reliable way to store bitcoins is using a hardware wallet. We’ve already written a post in our blog about how to buy bitcoins from ATM directly into hardware wallet. Now we decided to go further and give 10 hardware bitcoin wallets to bitcoin machine users for free.
We’ve decided to give away 10 Ledger HW.1 wallets. They are the cheapest option on the market, however, combined with Starter system Ledger provides and also phone pairing for payment confirmations – they give a decent way of security to handle bitcoins.
International money transfer market – best fit for Bitcoin
Remittance market is a huge transfer of money happening every day. According to World Bank report the estimated remittances size in 2015 was forecast to be $601 billion. International transfers were one of the best-fitting envisioned applications of bitcoin, as it is state border-less by definition and cheap to send money irrespective of amounts sent, while only fees per transaction size in bytes matter. However, it is still a hard way to get Bitcoin adapted at a massive scale. Early stage of its development makes it an instrument for tech advanced people only.
With introduction of new bitcoin services we are moving closer to the case when bitcoin is used daily by many households, bitcoin ATM is one of such services. Initial idea of bitcoin machines is to exchange cash to bitcoins or other cyrptocurrencies and vice versa, bitcoin to cash. However, there are other use-cases for bitcoin ATMs evolved. One of them is international remittance.