MultiversX Tracker is Live!

Rockitcoin scammed me

Bitcoin Reddit

More / Bitcoin Reddit 240 Views

Hello everyone, Rockitcoin ATM's are a massive scam.

When I heard there was a bitcoin ATM in my town finally, I decided to try it out. I knew I was going to get hosed, but I didn't know how badly. I took a fresh $20 bill out of the ATM, and ran it through the rockitcoin machine. It prompted me immediately telling me that I was going to be subject to a $1 fee. Pretty reasonable I guess, they have to make money.

I get home and check my balance. $15. I am not a math genius, but that is about a 25% fee. I look up online, their website says their fee is 6%. Something doesn't add up. So I email support, and they inform me that they have an 18% fee ON TOP OF the $1 fee advertised.

Maybe I am the last person on the planet finding out just how huge of a scam bitcoin ATM's apparently are, but damn. I even went into this experiment expecting to get scammed, and was STILL shocked. Imagine if grandma goes and puts $300 of little timmy's christmas money into a bitcoin ATM to get him some crypto without knowing any better!?

Sorry for the rant.

submitted by /u/Aelustelin
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments