You can buy USDT Lviv at this Bitcoin ATM. It lets you both buy & sell USDT & BTC and other crypto. It is anonymous below 29999 UAH and sometimes doesn't have fees.
Why are we investigating the most popular Bitcoin ATM in Lviv? Well, there is something unusual about this device used to exchange USDT and BTC to cash. For some curious reason, it is anonymous and sometimes… without fees. Time to take out our detective hats and solve the riddle of how that even happens.
Before you ask, yes - you can buy USDT Lviv at this Bitcoin ATM. It lets you both buy & sell USDT & BTC and other crypto.
The Bitcoin ATM Lviv is reported to regularly offer more favorable rates than all competitors, eg. 2% fee (you pay 2 EUR for each 100 EUR transaction) or pay the same price as on exchanges. Unusual. ATM also sometimes adds an extra +3 EUR for every 100 EUR offered by exchanges.
However, we all know there's no such thing as a free lunch. Let’s look for the catch here, because the industry average is as high as 8% fee. Could this be a benevolent benefactor or is there a hidden gambit at play? Before we solve this mystery, let’s find the ATM first…
The ATM that stands out in the city is located inside SPARTAK Shopping Mall near Brocard. We investigated the machine here by exchanging BTC to cash. Operating undercover was easy, as the device is anonymous. You can check the map of the location at the page ATM Bitcoin Lviv - map.
It turns out that selling Bitcoin at the ATM is similar to using a standard bank ATM. Except here, instead of a credit card, we use QR code from any wallet app.
1. Use the Bitcoin ATM Map to navigate to Bitcoin ATM in Lviv.
2. Select the "Sell Bitcoin" option on the screen.
3. Declare your stake—how much Bitcoin you're trading for EUR. Peek at operator’s homepage (Shitcoins.club) for the current rates. Like a savvy detective looking for leads, try to catch a discount on social media offering better value than exchanges.
4. Next, scan the QR code of your wallet at the ATM’s QR Scanner, much like a detective showing his badge.
5. Confirm your transaction. If you aim to stay undercover, do not go beyond the ID KYC limit of 29999 UAH.
6. Await the network's confirmation, then collect your crisp banknotes—a successful case closed. Want a swift transaction? Set the fee for miners high with a slider (around 3$).
https://youtu.be/09pA_VTtrHY?si=jBai-DZ9xa1gjxkq&t=255
In the quest for a solid Bitcoin ATM, the discerning user looks for seasoned operators that have been on the market for at least 4-5 years. Besides low fees, such operators shouldn’t force you with mandatory third-party app downloads requiring annoyingly long verification.
The Bitcoin ATM Lviv at SPARTAK is part of a network of about 250 ATMs of privacy-oriented operator Shitcoins.club, that placed its first Bitcoin ATM in 2017.
In addition to the well-known Bitcoin ATM in Lviv, Ukraine offers a variety of locations for cryptocurrency exchanges. These ATMs are conveniently situated in major cities, catering to the growing interest in digital currencies:
These locations reflect Ukraine's growing integration of digital currency services, providing essential and convenient access to Bitcoin and other cryptocurrencies across the country.
Shitcoins.club smartly tweaks fees according to market flux and cash supply, creating savings on expensive convoys that regularly refill 250 ATMs. The discounts not only bring new users, but also motivate existing ones to keep the ATMs funded. This builds momentum of users and cash flow. The result? A living, breathing, self-perpetuating crypto micro-economy right out of a Satoshi’s dream.
We can see here the rebellious Shitcoins.club anarcho-capitalist ideals in practice, as they harness the power of free-market to transform the operational costs into value, and then to give this value back to the community in form of regular discounts, giveaways, or eg. activities at EBC9 in Barcelona this year. Which explains the mystery of the no-fee ATM. Case solved!
Truth revealed: The centralized institutions have always been unnecessary. It’s all just Bitcoin ATM users participating in exchange of goods and services, all the way down.
Lidiya is editor-in-chief for Bitcoin-Ukraine and also spoke in Crowdcreate’s CryptoCom conference.
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The community of investors using Bitcoin ATMs in Ukraine is growing quite rapidly. New devices are popping up every month. Prices, fees, KYC and Bitcoin all fluctuate quite visibly. It is becoming harder and harder to stay in the loop of what is happening in the Bitcoin ATM market in Odessa or Kiev. With this blog, you are able to follow the recent developments and never miss out on changes in law or new methods of trading crypto privately with cash.