All you need to know in 5 simple steps!
To the best of my knowledge, there are Bitcoin ATMs in cities of Zagreb and Rijeka in Croatia. Hopefully we will get more in the future.
Be careful! Taking fiat in this way is EXPENSIVE! These rates should go down with future competition. But, I do not see how this could reflect on your taxes. Seems it is tax free!
1 Find the busy Tkalčičeva Street. You are going on a bar crawl later. Be prepared!
Find History nightclub. Yes, that is right. The machine is in a nightclub, next to a toilet. Go figure. I advise not withdrawing 5 BTC at midnight :)
Yes, that is a chair for toddlers next to it. :D
2 Take some photos or it didn’t happen. Press START.
3 Press sell Bitcoins. Keep them ready in a BTC wallet after you sold STEEM on an exchange. I used Mycelium because that is what the notice on ATM suggests.
4 Enter the amount > 100 HRK this time
5 Exchange a few SMS with a small person inside the ATM. This little dwarf is pressing the banknote by hand so it will take him 10 minutes to do it.
6 When he is done expect him to send you another SMS with a redeem code.
7 Redeem it and behold the wonder!
Accounting details:
0.02 went in my wallet
100 kuna went out - 14.81$
0.00895622 still in the wallet - 14.27$
0.02 minus 0.00895622 equals 0.01104378
0.01104378 is what cost me 100 kuna
100 kuna equals 0.009494 in my wallet so ATM charged PROVISION of
0.00134978 which is a whooping 12.22%!
What should I do? Call the police? 911? Find an alternative way of withdrawal?
Keep in mind it is always better to use BTC to purchase STEEM, not fiat money. Use this advice for emergencies only!
Tomorrow you will get an update on what I did with my newfound 100 kuna! Cheers!
Camera: Canon SX170 IS
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