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. Realbenzeyes @ Realbenzeyes: Hopefully it will just be a good game. Watching TCU’s natty run was about the worst it can get. Please don’t give us another blow out 60 min lol
  2. Realbenzeyes @ Realbenzeyes: As much as I would like to see Carson Back win a natty after all he’s been through. I just don’t see it
  3. Realbenzeyes @ Realbenzeyes: The U isn’t stopping that offense or defense. Even if they do manage to some what dumb down that defense. The offense is just way too explosive! Fkin Indiana who would’ve known lol
  4. M @ meepmoopmeep: Wasn’t fun watching Oregon get curb stomped in the first half but Indiana deserved the win more
  5. M @ meepmoopmeep: I think Indiana is going to win the natty
  6. D @ drdrizzy13: wow Indiana looking really really good.
  7. L @ Layne_Cobain: I seriously hope our guy @tiquanunderwood didn’t take a header after that Steelers ravens game and harbaughs firing jr ain’t worth it tiquan sports drive all of us equally mad at times hope you’re chillin 😎
  8. Realbenzeyes @ Realbenzeyes: I’m salty myself, being an Ohio state fan, but Miami is winning by the smallest margin. Indiana going to be hard to beat
  9. M @ meepmoopmeep: I’m salty about the SEC being eliminated but good for Miami. it was a well fought game by both teams
  10. M @ meepmoopmeep: Imagine being a 10 seed barely squeaking into the playoffs becoming a cinderella team
  11. M @ meepmoopmeep: I think they can beat Oregon, but Indiana is too good
  12. Realbenzeyes @ Realbenzeyes: Who thinks Miami stands a chance vs either team (Oregon or Indiana) my bet is Indiana but you never know
  13. S @ sporidicus: delete this though, if it's the wrong place
  14. S @ sporidicus: sorry I don't think I know what this is for. but It's the #4 edition
  15. kemdawg99 @ kemdawg99: @sporidicus reddit maybe? What mag?
  16. kemdawg99 @ kemdawg99: Anyone heard of ethyl midazolam, cyclopropyl midazolam or ethyl flualprazolam?
  17. D @ dhertz9192@gm: Delete
  18. Thoth @ Thoth: @sporidicus honestly depends on the mag. Read read read read the forum
  19. Thoth @ Thoth: CFP needs more of an NBA or MLB playoff structure but that would be hard to structure. Divisions inside Leagues
  20. S @ sporidicus: or is there a better place on the forum to ask
Back
Top