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. lucas007 @ lucas007: https://medstorepro.com/%f0%9f%94%a5-hot-deals-%f0%9f%94%a5/
  2. Gulp2788 @ Gulp2788: My milage has differed to yours though, I've found them incredibly reliable with their tracking and 3 day delivery is pretty accurate.
  3. Gulp2788 @ Gulp2788: I agree but USPS has to go through a legal process to search packages. Private companies can open your mail at their discretion.
  4. Ross7223 @ Ross7223: @Gulp2788 because they always lose pckgs, track1ng is never right, never is 3 day deliv3ry like they say
  5. Gulp2788 @ Gulp2788: @Ross7223 From my understanding that's actually counter-productive, but maybe you know something I don't. Why do you say that?
  6. Ross7223 @ Ross7223: Vendor$ should boycott U5P5, they are terrible!
  7. Thoth @ Thoth: Happy Weekend! Let’s Get It!!!
  8. cannedgoods @ cannedgoods: Happy Weekend everybody! cheers!
  9. rasetreydir @ rasetreydir: @Dr-Octagon, whatchyamicallit (if in fact spelled like that)
  10. rasetreydir @ rasetreydir: Good Morning to you all. To those struggling, it's always darkest before dawn.
  11. R @ rhodium: good morning
  12. Dr-Octagon @ Dr-Octagon: Zero and Almond Joy
  13. proton369 @ proton369: 💎💎💎💎💎💎💎💎
  14. tiquanunderwood @ tiquanunderwood: Can't fucking wait. Works been nutty the last couple weeks.
  15. tiquanunderwood @ tiquanunderwood: Happy almost Friday everyone!
  16. DawsonCheeks @ DawsonCheeks: I don’t mesn to spam but every mid type posts!!
  17. DawsonCheeks @ DawsonCheeks: Take it from mez
  18. DawsonCheeks @ DawsonCheeks: SunnySide is shining again! Take it from
  19. shoutback @ shoutback: Okay I could dig that but working that shit out at the gym is going to be rough
  20. Realbenzeyes @ Realbenzeyes: Butterfingers in a milkshake. Nothing like it
Back
Top