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. tiquanunderwood @ tiquanunderwood: Now that's interesting...
  2. L @ Layne_Cobain: McCarthy to the yinzers
  3. tiquanunderwood @ tiquanunderwood: *offensive line
  4. tiquanunderwood @ tiquanunderwood: I'm very happy with it. He was in our building for a few years, followed Mike MacDonald path and let's fucking do it! Pass rush has been our biggest issue besides online.
  5. tiquanunderwood @ tiquanunderwood: He's basically a younger harbaugh lol
  6. R @ RedMan39: @tiquan- taken your a Jesse minter fan? Think he’ll be bettter than harbaugh??
  7. tiquanunderwood @ tiquanunderwood: Leggo Minter baby!
  8. Gracie5 @ Gracie5: All the answers and more discussion about the types of boxes is accessible with Search. Mostly you can find this under Shipping and Tracking. When you search mailboxes you find numerous entries.
  9. Bodix @ Bodix: But this was a few years ago
  10. R @ RedMan39: I almost feel bad for Josh Allen he’s just getting older I can’t believe they fired mcdermot
  11. xenxra @ xenxra: the almighty search bar reveals all
  12. P @ PassiveTime: Is here still here?
  13. M @ meepmoopmeep: hawks for sure
  14. M @ meepmoopmeep: the end of that cfp championship game was an ass clencher
  15. shoutback @ shoutback: Not talking anything from the Pats but sheesh that Hawks team is looking fierce
  16. shoutback @ shoutback: So between the pats and hawks, what's your pick? Got the Hawks all day with that treacherous defense and special teams plus that explosive offense. They gotta be the fav
  17. D @ drdrizzy13: no doubt
  18. Thoth @ Thoth: Josh Allen will be 1st Ballot HOF
  19. D @ drdrizzy13: word I wanted Josh Allen to win a Superbowl. They've been so close for a few years now. Josh Allen messed up last game.
  20. R @ RedMan39: Agreed sucks the bills didn’t make it
Back
Top