Coinstar

J

JillyQM

Member
Joined
Apr 25, 2016
Messages
94
Has anyone used the Coinstar machines that say they handle bitcoin transactions? Will they work for donating to the forum?

 
JillyQM said:
Has anyone used the Coinstar machines that say they handle bitcoin transactions? Will they work for donating to the forum?
Click to expand...
Like they say they will pay you out in bitcoin for your spare coins? Does it say if it takes a fee? That is interesting, I knew you could avoid their fees by getting gift cards and stuff but hadn't heard that they would pay in bitcoin.

 
JeffRX said:
Does it say if it takes a fee? That is interesting, I knew you could avoid their fees by getting gift cards and stuff but hadn't heard that they would pay in bitcoin.
Click to expand...
i'm not sure if there's a fee, but they won't take your spare coins. You have to feed paper money into the machine. I don't think they even take credit or debit cards, though I don't know for certain. i will know the answer very soon

 
JillyQM said:
i'm not sure if there's a fee, but they won't take your spare coins. You have to feed paper money into the machine. I don't think they even take credit or debit cards, though I don't know for certain. i will know the answer very soon
Click to expand...
Ahh, gotcha. I thought I finally found something to do with all of my spare change 😂

 
Hello JillyQM, and all Bitcoiniacs out there. I have used the fabulous COINSTAR machines many times. Yes they do require a fee for all transactions. Coinstar’s fee is currently set at 11.9 percent of the value of the cash you’re exchanging. That’s nearly $12 for every $100 in cash you feed to the machine. You’d have to guess how much change you have accumulated to calculate the Coinstar fee. If you think you have $500, for example, you’d need to hand over $55, leaving you with $445.

Only paper money is accepted in coinstar machines, and absolutely NO plastic cards of any kind are able to be used. So come to the machine with a pocket full of CASH! Hell, at this rate soon enough you will need a wheel barrow to carry all the cash you'll need to buy just 1 BTC!

 
All I really need from Bitcoin is a way to donate to this site, so it works for me. Once each year or so I'll have to hand over to them a bit of my hard-earned cash.

 
I use Coinstar & it's super easy which for me is saying something.  They do take a fee for me it's usually around $10 for a few hundred in BTC.  Then you just take the receipt & redeem it at Coinme your wallet.  Then you can send anywhere!  

But they just re-vamped their website so now I have to get back into the groove. LOL

 
You must log in or register to reply here.
Drugbuyersguide Shoutbox
  1. Sakshi @ Sakshi: thanks for gettin me back admin, you the goat man. hope everyone is well. bout to ride my first horse tonight, looking forward to it B). safe travels fam
  2. Protien_toast @ Protien_toast: @jillybeans,
  3. tiquanunderwood @ tiquanunderwood: Happy weekend guys! We made it!
  4. W @ wozabek: yoooooo happy fackin’ Saturday.
  5. jillybeans @ jillybeans: Thank you @Admin for getting my membership back so fast
  6. J @ jollyman14: @PlanetExpress, Yeah I got a reply, im sure theyre working around the clock. Most likely dealing with people panicking about sponsorship. Im sure their inbox is absolutely flooded with messages.
  7. J @ jollyman14: Damn it feels good to be back!
  8. Admin @ Admin: Reposting this for other's to see, in case they missed it. Unfortunately the main server crashed, some files got corrupted and we lost almost 3 weeks of data. The database has been restored from a backup from early August. Members that registered after August 2, can register again. Members that donated after August 2, kindly email me to re-instate your sponsorship as we can verify it with our records. GOOD TO BE BACK!!
  9. cannedgoods @ cannedgoods: Blessings to everyone! Happy weekend!
  10. PlanetExpress @ PlanetExpress: Have people been getting reply back from admins? or did we just see the 1 annoucement?
  11. C @ Canis lycaon: Dbg admin team I can’t put to words how much I appreciate yall🙏💕🤘🙌
  12. DutchRCshop @ DutchRCshop: @Chefnik they only lost 3 weeks not 3 months.
  13. C @ Chefnik: I understand the crash lost the last three months of data so our thread was closed down but anyone can reach out by DM in the meantime while k wait for admin to put my threat back up. I know this isn’t supposed to be the place for this but I feel like this can be the exception
  14. O @ oh be g: Hope you all are having a good week. Keep y’all’s head up.
  15. jillybeans @ jillybeans: Thank you for DBG and Admin for fixing my sponsor so quickly!
  16. G @ GooseGirl999: @DutchRCshop 😂😂❤️ I hope you enjoyed your time off!!<3 much love everyone!
  17. G @ GooseGirl999: Ayy great to be back! Much love!! Thank you admins 🪬❤️ happy Friday everyone!
  18. DutchRCshop @ DutchRCshop: People really have to suffer. First i was offline for 2 weeks, then DBG :eek:
  19. A @ aagrace: Be safe out there! Always be aware of how some reading sessions can go wrong!
  20. st1ckyf1ng4z @ st1ckyf1ng4z: @Admin Grateful and appreciate you big dawg 👊
Back
Top