Coinstar

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?

 
Has anyone used the Coinstar machines that say they handle bitcoin transactions? Will they work for donating to the forum?
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.

 
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.
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

 
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
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

 
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  2. R @ Royboy99: @Layne_Cobain, Freud’s favorite.
  3. L @ Layne_Cobain: Sorry you got burnt @ClintEastwood 😞
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  9. C @ ClintEastwood: Well I got burned on my first buy. It stral sucks the guy has sole things in stock. But definitely what I ordered and I thought he was honest because I asked for something very close to it and i said what about that one. Yeah I got it. And the comms were wired and he was really wanting me to make his forum board look better. Now I know the first thing to look at even before the menu. But I have some business with usps tomorrow and will ask for everything mailed to me especially packages
  10. Dr-Octagon @ Dr-Octagon: Policies have changed and i would behoove everyone to due their due diligence and go have a look. The guidelines from 5-10 years ago dont apply. And rules, regulations and laws may not either, i mean do you see anyone giving 2 sh1tz about the C0n$tituti@n recently?
  11. Dr-Octagon @ Dr-Octagon: @rasetreydir, yeah those are good af too
  12. Dr-Octagon @ Dr-Octagon: @Ross7223, they should boycott pre-paid p0stage
  13. Dr-Octagon @ Dr-Octagon: @Gulp2788, no they do not as of sept 25, u cant assume everything is the same, or anything for that matter. Its a brave new A-1 world folks.
  14. Gulp2788 @ Gulp2788: My milage has differed to yours though, I've found them incredibly reliable with their tracking and 3 day delivery is pretty accurate.
  15. Gulp2788 @ Gulp2788: I agree but U5PS has to go through a legal process to search packages. Private companies can open your mail at their discretion.
  16. Ross7223 @ Ross7223: @Gulp2788 because they always lose pckgs, track1ng is never right, never is 3 day deliv3ry like they say
  17. Gulp2788 @ Gulp2788: @Ross7223 From my understanding that's actually counter-productive, but maybe you know something I don't. Why do you say that?
  18. Ross7223 @ Ross7223: Vendor$ should boycott U5P5, they are terrible!
  19. Thoth @ Thoth: Happy Weekend! Let’s Get It!!!
  20. cannedgoods @ cannedgoods: Happy Weekend everybody! cheers!
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