Have you ever bought and sold Bitcoins by using Bitcoin ATM machines in Cash?
Here is my story finding and trading Bitcoin by using ATM machines in Hong Kong city.
While Business trip was in progress, It was heard that Bitcoin can be bought and sold by ATM machines.
After work done, I wandered around Mongkok and Tsimshatsui streets in order to find ATM machines because 2 free days left before leaving from Hong Kong. (and nothing to do in HK for me but eating.)
Here are addresses where ATM machines located. (No Photos)
(I recommend you to use google map. it was awesome.)
- Mongkok ATM of HK BitcoinATM Company: 3F Wplaza, 608 Nathan Road, Mongkok, Hong Kong
- It was hard to find the Wplaza building, since all buildings are adjoined seriously. when getting out of elevator, you can directly find a room bearing two ATM machines to sell and buy bitcoins. Be noted that transaction fee on one of them is higher than the other. However, transmit speed is much faster. (250 HKD per transaction shall be deducted by money you inserted into ATM.) The Bitcoin price on ATM display is the 10% weighted price of Bitcoin average price traded in HK bitcoin exchanges. For example, Bitcoin price by ATM is much higher than price in ANXpro and Binance exchanges. when it was 97000 HKD at ANXpro and 99200 HKD at Binance, it was 109000 HKD at ATM.
- Hung To ATM of NDNX Company: 35 Hung To Road,, 29/F, Fun Tower, Kwun Tong, Hong Kong
- In frond of information desk on 29F, beautiful helpers said all bitcoins were sold and no more trade cannot be done because of the limited number of bitcoins a day. Feel so sad and starnge on it.
Please be informed that NDNX company just started Bitcoin business 1 or 2 months ago. NDNX has business related to office sharing service and is expanding its business field on cryptocurrency. On 29 Floor, are two ATM machines equipped at the corner of the office. However, No one can use the machines before registration on NDNX website. Also here is weird thing each machine follows different exchange bitcoin index.
One is followed by ANXpro and the other one is followed sth which I could not remember; sorry.
After asking, it is heard that the one by ANXpro index is almost always cheaper than the other. And no open during weekend. Only it opens from Mon to Fri.
Tip: Better to get there as fast as you can because the limited coins may be sold out when you go trade.
- Tsimshatsui ATM of CHIC by The Oyster House: 3F 33 Cameron Rd, Tsim Sha Tsui, Hong Kong
- It was amazing that ATM for Bitcoin transaction is located in a restaurant!!!! What a ideal situation!
However, the Owner told me the ATM is now out of service due to company problem. It seemed that Owner doesn't know what happened.
- Mongkok ATM of Tattoo shop: 2F Sennett Commercial Centre, 470 Reclamation St, Mong Kok, Hong Kong
- As NDNX ATM machines, when I got here and found a ATM, all 20 bitcoins a day were already sold out by three persons and i heard that if you need to trade (buy and/or sell), come tomorrow as soon as possible in the morning.
Common Note:
- Bitcoin wallet shall be prepared; QR code.
- ATM allows 1,000 and 500 HKD.
- No USD.
- Usual transaction speed: 2 to 20 minutes by 1 bitcoin.
In addition, some ATMs are located in Macau; 2 hours far from Tsimshatsui, Hong Kong. But, No ATMs were found. Here is an idea. If you won a lot of cash in HKD from Macau Casino during travel, it is better to insert cash to ATMs and transmit bitcoins to your wallet. And then just leave for your home. :D