Bitcoin Forum

Does anyone use Bitcoin ATMs? Where are you located? I live in California; there were about 10 ATMs in the area, but over the past couple years were removed.. Now there are only 2 that I know of.

Do you guys find Bitcoin ATM's useful or have a need for them?

I don't see why you would need bitcoin ATMs. You are making something digital physical again, which is totally stupid imo.

There are so many ways to load your mobile wallet with bitcoins outside of ATMs, that they don't really have a place imo. It is also much faster and more convenient to do it online, as you don't have to scour your area for an atm to load up. Just buy and have them transfered from behind your pc.

They may be useful if there are not convenient online options available to you, but at least in The Netherlands nothing beats using iDeal to pay and instantly get your coins sent to you.

I don't exactly have a need for them, but I like them. I see why they would be useful for those who maybe do not have computer access, or need to buy BTC with cash.

I have used one in belfast N Ireland but it was only out of curiosity, as i find them way more expensive.  they are really easy to use and great for new adoptors  ;D

Dublin had two, but we are down to one now. Unsure why one was removed. I think they are handy enough if you have one in a decent location.

We have one Bitcoin ATM machine at one coffe shop in Zagreb and soon Split should get one also. It can be handy but fee (9%) is way too much for selling or buying coins on it in my opinion. I was using it only few times in emergency but still, it is great to have it in my city.

I don't know where any are, but I can see some benefits to having them.  The biggest benefit I see it exposure.  It is like advertisement for Bitcoin.  The other thing is it gives another way to obtain bitcoins for those who wouldn't take the time to learn about it on their own.  If someone happens to be in the area of a Bitcoin ATM, they may spend a couple of dollars to get some Bitcoins just to try it out.

An ATM is very expensive machine, that few people would use. And the company that runs it would apply high fees to recover its inversion. I think that bitcoin atms makes more for bitcoin as publicity than a public service that people would use it.

The ATM scene seems to be kinda quiet these days. By the sounds of things there were alot of crappy machines and some were way too expensive. If I ever come across one I'm willing to give it a try.

We have bitcoin ATMs all over, locations are funny sometimes. Ones located in a hemp store, one in a vietnamese restaurant and one in a heavy subway stop. Last one is funny because most people have no idea what it is.
My issue is fees differ based in vendor/owner and some are setup for purchase only. But one place will meet up p2p if you need over $3k, thats a nice perk.

Back to fees, they actually have dropped a lot as more competition came out. Now its more about getting around KYC.

Well said. More people know about the new revolutionary money if mare ATMs were installed than using the ATM Service. I think it would be easy to set a alternative method of ATM as everything can be done through digital networking.

Bitcoin debit cards are a interesting aspect for alternatives. Would like to see bitcoin cards in the gas stations, where the giftcards habg out. I know someone was working on that even if it is a dated way of doing it.
The atm will stick around due to banks being a bit gray on bitcoin and sometimes waffling towards closing bank accounts.
Something I learned from online sports betting and poker, is the less people know about you the better.
Sent so many western union transfers they would stall every 8th transfer for me to call so they could probe. Then it got more frequent, started looking at the countries I would be sending to an pulled the plug. Did not want to be on a terrorist list, they even contacted me recently about a transfer that was not picked up. Wrote that off as well.

Jakarta and Bali have 2 ATM bitcoin. I am thankful to live here. bitcoin ATMs continue to be developed. do not worry about all the places will get bitcoin ATM. just a matter of time.

That's a good news. How about the charges levied per transaction. Is it same as bitcoin exchanges or has something less than exchange charges.

Love Bali..You live in a very beautiful part of the world.
Want to go back to go diving and get alittle more off the path.
=========================<=<<

The KYC rules seem to stifle bitcoin atms in different areas. Remember the Robocoin ones with the palm reading, glad they turned that off here.

I'm not sure my country have Bitcoin ATMs. But i ever heard that bitcoin ATMs available in Bali and Jakarta. I never use bitcoin ATMs though, because in my town no bitcoin atms here.

i was know that there are some bitcoin ATM in my country but i had never use that because distance to ATM destination is too far from my town also i considers that not very effective to use bitcoin ATM because for me just convert my bitcoin into local currency this more simple than use bitcoin ATM

In regards to your second question, No, I personally don't find the useful (to me), since there are numerous ways to buy BTCitcoin already and that could explain why only few are left as you mentioned the other ones were removed. Also some of ATM's were reported having long process before users could get their BTCitcoins sent to their addresses so that could also explain why it's not that popular after all.

9% over "spot" is what the two Bitcoin ATMs in my city (metro area population of some 2,000,000), so that is rather high, but convenience helps balance out the cost (localbitcoin.com does not work well here, and BTMs take cash).

I would guess that another comment above (BTMs expensive) may explain why the 9% premium is so high.  Alas, the machine requires ID and 2FA (SMS message) to use.

Not yet, there is only one Bitcoin ATM in my country but it is located far away from my area. I have seen the youtube video where someone tells the viewers how to buy bitcoin with cash on the bitcoin ATM machine. I hope there will be more bitcoin ATMs in my country so I can try it by myself.

The same thing is happening in other places.

I think we will need more ATMs in the future but now the demand is low, considering the high "fee" of using ATM to buy bitcoins.

It is sad to hear that BTM's are closing in your area. Did you go to these guys to ask them why it happened? I know some of them says that the cost to run them, do not justify the income they are receiving from them. It would be worst, if this is a trend in other states and countries too. I reckon most of the BTM's were installed in the hay days, when the price of Bitcoin were in the high $1000 range. I mostly used Biitcoin vending machines in my area to convert cash to Biitcoin, but most of them closed shop too, due to strict KYC/AML regulations.  

I'm not really sure how many ATMs were already around in the times of 1000 usd bitcoins. I believe most were installed in the months after that bubble, when interest was already decreasing again. This could also explain indeed why they are closing up because the interest took a dive.

Also, I still think the more easy and fast online methods become available, the less bitcoin ATMs have a right for existance. The same goes for paper mail, how many cards did you send last year? Was it less than the years before? Probably, as cheap digital alternatives are now available, such as e-mail, e-cards, messenger apps, etc. Same is happening with bitcoin ATMs, although they didn't really fit with the intended use of bitcoin anyway.

Don't mistake me for disliking the ATMs, I think they provided a good way to get bitcoin more known to the general public and that is something they probably did well.

I would have no need to use Bitcoin ATM's, since I find it much easier to just exchange from the comfort of my own home.
They're just some kind of novelty item, but they might be of some use to some people.

I live in Sydney and I know of only 1 ATM. It is in the city which is far away from where I live, so I am not to sure about it.

I don't use bitcoin ATM because the location of the nearest ATM from my city is too far. so the trip to go to the ATM will cost me more than bitcoin I got.

So for me, it's useless and I don't need it unless I can walk by foot to the ATM haha

i dont see any advantage of bitcoin ATM,in my country have 2 bitcoin ATM,and its located in different island,and i dont see that ATM have many user,people not interest and more comfort use online wallet or exchange to doing transaction.

There are two bitcoin atm's that I know of in my city, Dallas Texas. I've only seen one of them and it is a 2 way bitcoin atm, meaning you can deposit cash and get bitcoin put in your bitcoin wallet or you can sell bitcoin and receive cash on the spot from the machine. And it is located in Deep Ellum - an area that has a lot of bars, restaurants and retail shops.

I haven't had the need to use it myself, but I could see how it might be useful. If you need cash and don't want to use your regular fiat atm. Or if you have cash and want to get bitcoin without having to first deposit your cash in your bank and then getting bitcoin. Or if you don't want to exchange cash for bitcoin in person with a stranger.

I haven't seen any Bitcoin ATMs where I live as yet. Maybe in 10 years... ::)

I never used A Bitcoin Atm I wonder how they exactly work, you can just withdraw your bitcoins for Fiat?
I don't think Bitcoin Atm's are really necessary, but I know the perfect site to check where all the Atm's are located:

http://www.coindesk.com/bitcoin-atm-map/ (http://www.coindesk.com/bitcoin-atm-map/)

Here you can see them for your country/state, In Holland we have 5 so it's not a lot compared to California.

This one at Zagreb require only cell phone and 2FA (i am using burner cell phone for that) without any other ID and ppl who operate machine says they will most possibly lower fees so i guess using it will become cheaper. Again, those are first Bitcoin ATM machines so with healthy competition, fees will sure go lower so i am happy we have them.

Only if the bitcoin ATM's had the facility to send/receive bitcoins instantly,get converted to fiat automatically,the would be of some importance.As Norrisk said,why would you want something to be digital again ? Plus the fees.I can't wait to see the day you can simply swap your bitcoin card to a bitcoin accepting dealer.Not available in my country yet.

ATM fees are too high, but can be helpful if you have to buy BTC with cash...and maybe they will help raise awareness for those who do not know about BTC.

There are none where I live, the regulations do not allow public to have private atms at the moment and therefore I don't think I'll be seeing them in near future, unless of-course Bitcoin becomes legalized.

there are a few bitcoin atms near me and its nice if you need btc in a pinch because you can buy it from them for a very low rate

ther is not any bitcoin ATM in my country and I do not see any need for them. because usually they have high fees and with these fees people will not see difference between normal transfer money methods fees and btc fees. so using normal exchange to sell or buy will be much cheaper

I used the first robocoin one that was in Vancouver, Canada right when Bitcoin was around 1k usd and I even invested in some bitcoin atms but unfortunately that didn't work out so I got a partial refund from that business. Shame it didn't work we were supposed to earn huge form it sign.

There are some in the UK, really quick and easy to use but the one I used did seem quite steep 9-10% but it served it's purpose.

The fact, a bitcoin ATM standing anywhere and providing you bitcoins for fiat or other way, hugely overweights the speed of online buying methods IMO

One advantage I see with the Bitcoin ATM is that you will receive your coins within minutes...where as if you buy them online, they are not exactly instant. It will take some time to get to you.

I don't really think that there is any use for a Bitcoin ATM. Just buy Bitcoins from an exchange and then sell Bitcoins to that exchange. Easy.

Well, I don't know. ATMs kind of allow for people to get exposed to Bitcoin as they just see it during everyday life, and some people also might want to directly withdraw as opposed to go through the multitude of verification processes that most other online exchanges require.

Yakamoto

I agree, they are a visible sign that Bitcoin is catching on...  The only drawback (in my case) is that the local BTC ATMs ("BTM") require an ID scan as well as an SMS message to my cellphone.

Once (say about two years ago) I used an BTM that did NOT require any ID, and the premium was some 7% or 8% IIRC.  I emptied almost all the CA$H I had in my wallet to get BTC, and then used a regular ATM to get cash.

That's true, they do require ID scans and the SMS verification. I guess I only remember the old days when there were wild ATMs at different places that didn't need such a thing.

I haven't bought any Bitcoin from one of the ATMs though, only ever withdrew.

There is a brand of BTM which does not require ID for purchase or withdraw- called Lamassu. The fee is probably around 7-8%. It's a good looking machine, but not sure if there are many around.

https://lamassu.is (https://lamassu.is)

Yes. I also want a BTC ATM. but when i think about security and other advantage of virtual currency then i think that its not a good idea. when we will got BTC ATM everywhere then we will do only one thing with BTC. but if there is no any other ATM then we use BTC for all kind of work.

Still Bitcoin ATMs would be useful since everyone can use it to encash their BTCs or to transfer their funds without internet or laptop. Every facility in the world has its importance and benefit and so do are the ATMs.
would suggest BTC ATMs in all countries for smooth transactions and to facilitate BTC users.

But if you need fiat fast, BTC ATM is a good thing. Bitcoin is still not accepted everywhere now, you still need fiat to buy things on the wet market or such.

Using the exchange took too long if you need instant cash. BTC ATM is useful.

I really wanted to have that kind ATMs here.
I would definitely use them to get some coffee etc.

Alas, phibay, the two Lamassu BTMs in my city DO require ID and SMS message.  I believe those are legal requirements, based on local or (US) state's law.  As they are "money transmitters"...

I am sure that my wonderful experience in NYC with the BTM requiring NO ID & NO messages is only a memory now.  Pity.

Interesting, thanks for the info. The Lamassu BTM near me (around SF) do not require an ID or any phone verification. Simply put cash in, it will spit out a receipt for you.

Well there's a cafe that accepts bitcoin as their payment, i forget where the exact location is but if im not wrong it's located at Bali
You picked your menu and then the waiter will give you a receipt with Bitcoin address QR code for you to scan along with money you need to pay, once you do that the food is delivered and you go back home with a happy face :P

or you know what's faster ?
Using localbitcoins to convert your money instead of exchange if you really need it asap :P

Just think, if your buying and selling is made automated with certain card system how you would feel?

That's relatively possible but not easy from where I'm living, There are few in canada but on another region other than mine, also the fee is relatively high compared to a person to person localbitcoin exchange, but more comfortable certainly.

Some of these bitcoin atms offer a p2p meet up for larger amounts over $3k and I was wondering if they still need personal details for Know Your Client Rules? Thinking they would have to explain large amounts being moved around.

if people buy bitcoins one from another they most probably do not have to provide any documents or something like that as the deal is done in person

we surely need more atms in order to make the bitcoin more popular than it is right now, with the bigger popularity we could reach the new heights soon

Would think they would have to keep track otherwise a audit would have to explain large sums being moved around from their bank accounts. The guys I see running these atm services do not come across like they have a lot of liquid cash sitting around to just do this type of transaction with. Might be wrong though.

ATM's are useful relatively when buying bitcoins, They are easier and less personal than person to person exchanges.... there are only few at the area and the closest is few hours by car so can barely use them.

Bitcoin ATM's are convenient when they are close and easy to use, definitely better than regular exchanges and don't require any document verification, the fees are relatively high though.

That is true. But still, there are no many BTC ATMs, at least not in my country, so when they enlarge the number they will become much more convenient. But people are showing interest and ATM network i slowly growing.

Hey guys. Very interesting discussion here.

Just wanted to address OP question - there are actually about 35 bitcoin machines in CA, not 2.
You can find here the full list of bitcoin ATMs in California (http://coinatmradar.com/state/6/bitcoin-atm-california/).
Of course, there are several main areas with concentration of machines in Los Angeles, San Diego and San Francisco.

Also I mentioned several times people were mentioning like there are no machines, e.g. only 1 in Sydney. There are actually 5 machines in Sydney.

For latest locations - one can use CoinATMRadar bitcoin machines map (http://coinatmradar.com/). I keep this map up to date for quite a long time. Not 100% guarantee, but many machines should reflect real data as I'm in touch with many operators. Also user feedback can be found on pages, in case I'm not that fast at updating listings.

Addressing the comment regarding the bitcoin machines lack of installation, and that the most boom was when the price was high, well, actually when the price was falling, many closed locations.
I know this because was in touch with many operators, and many still were using the model, when they held bitcoins in their hot wallet (not connecting to exchange for immediate mirror transactions).
So when price fell, BTC holdings also lost value. This was additional loss for many, that's why it was not working good.

However, since price stabilized - conditions became better. Actually what we see lately - there is a much faster growth of bitcoin ATM installations.
Check stats here http://coinatmradar.com/charts/#growth (http://coinatmradar.com/charts/#growth)
https://i.imgur.com/4n1XB7s.png

Addressing the concern about high fees. They are at the moment 8% average for buy bitcoin, 5% sell bitcoins. In the U.S. the fees are a bit higher than average, in Europe I believe lower (have not checked it for a while).
I also found this high at the beginning, but then having conversations with people running ATMs, it is not really that high. I mean operators are not doing crazy money here, it is kind of balance of costs on one side and revenue on the other. Of course, they are doing profits, but not as a rip-off of customers. Nowadays, more and more there is a trend to follow KYC/AML, especially in the U.S. and this adds to costs as well.

In the end of the day, comparing locabitcoins, when you need to meet with some stranger you don't know, or use a bitcoin ATM at about same fee level, I would prefer bitcoin ATMs personally.

Regarding following KYC/AML - yes it's happening, but this is reasonable usually. Also as some mentioned here - Lamassu are by design don't really fit into this model and many machines in operation don't require any phone or ID verification. Rest machines - usually have phone/ID verifications. But these checks are also based on some limits. E.g. normally you can purchase some amount w/o verifications, e.g. up to $500, then up to $1000 you need phone by SMS check, and then up to $3000 you need to scan ID. It is not like you need check phone and ID for purchasing $20 in bitcoins. Usually those requirements make sense. However, as I said there are still many machines, which don't require any kind of verifications.

I find bitcoin ATMs quite useful at least at this stage of development:
- it helps people to get into crypto world quickly and smoothly (now machines are quite reliable, you don't have this Robocoin experience anymore). Also some random people can see it in public places and gets interested. I see daily many twitter posts like "you won't believe, I just saw a bitcoin ATM".
- immediate transactions without previous opening account/verifications for days etc.
- I also see more and more an opportunity for cheap money transfers. Although buy bitcoin fees are quite high I see at many locations sell bitcoin price is quite low. Sometimes it may be even -2% to the market, so even better than market. This is due to lack of bank relationships and basically operators need bitcoins to run business (90% of transactions are buy bitcoin, only 10% is sell), so operators set very low fees for sell operations. And this creates an opportunity to send money from abroad, buy using another bitcoin ATM for buy bitcoin out of the country. So e.g. if one charges 5% for buy bitcoins and another charges -2% for sell bitcoin in country, you can send money from cash to cash for 3% immediately.

If someone has any particular questions, e.g. about some stats as I have access to full database of all locations - let me know, will try to address.

Would be really interested in Vancouver,B.C (Canada) stats for usuage especially Richmond and Vancouver if that is possible. Been trying to gauge Richmond but they seem to be set up for buy only,at least what I noticed so far.

While a bitcoin atm near me sounds cool, it kind of just takes away from bitcoin being digital currency and makes it more of a real life thing.  I don't believe it was supposed to be that way.  There seem to be none near me,  but if there is one soon ill be the first to try it haha.

Has everyone here used the BTC ATM in Berlin (in the bar: Room77)? Any feedback on it is welcome.

Unfortunately, I have no such info. Obviously, I meant the publicly available data, like fees, limits, verifications, one-way vs. two-way, etc.
Info you ask about is available only to operator of each machine, which they don't share.

I have a post about how much some machines did with respect to volume, but again this info is based on public announcements.
You can read it here: http://coinatmradar.com/blog/bitcoin-atm-profitability-part-2-real-examples/ (http://coinatmradar.com/blog/bitcoin-atm-profitability-part-2-real-examples/)


This one is removed long time ago. It was a Lamassu unit (http://coinatmradar.com/bitcoin_atm/11/bitcoin-atm-lamassu-berlin-room-77-berlin/), which was available for small purchases. As far as I know it was due to strict German laws regarding operating bitcoin ATMs, that's why it was removed. Basically there were several other machines, like the one in Münich later, which was also removed and while it was there it was operating in demo mode selling very small amounts (up to 100 EUR to all customers per day as far as I remember). Germany sucks with respect to bitcoin ATMs, I think you need something of the bank level license to operate them there.

@CAR

Sorry my bad I misunderstood what you had access too. When you referenced region I presumed you had more details on stuff like that.

Yep, sorry for misleading you. But in general I think the usage is about similar in the city of similar size in the same country.
From what I hear from operators Canada and US are quite similar in usage.
And it is more depends on the location itself and done promotion, here are the average figures I know at the moment.

Usage:
buy ~90% vs. sell ~10%
In very volatile price market these proportions change quickly, but then return to about these figures in stable market.

Volume:
An average machine at average location gets about $20-30K volume per month.

Average transaction is about $200-400 from what I know, but the distribution might be skewed with many small and several significantly big ones. There are about 50-70 users per month.

These are kind average figures for average location in developed country (Europe and North America are quite similar in figures).

However, I know locations where more than $100K was done per month, although there are definitely some which even didn't make return on investment. It all varies.

...

CoinATMRadar

A very useful set of comments and website!

I have used two of the three in Miami, yes, they changed the machines.  $600 limit per visit, ID required.  I believe that "Subsequent Visits" have somewhat less onerous requirements, as the machine (system) remembers who you are, you enter your phone number and PIN number.

I will have to re-check the premium, it WAS 9%.  13.4% is distressingly high (I did not even bother to do the arithmetic when I last bought BTC).

The newer machines are more robust than the older Lamassu's.

My country used to have an BTC ATM at the central of the country. The shopping mall is packed with people and the atm is standing there out in the open with no shop or decro blocking the view. Yet hardly anyone used it at all. So within half a year, they remove it away. Sadly, now i cant find a btc atm in my country.

I think they remove it since none has been using it for quite some time or there are user but still it cant pay the electric bill and the payment for the mall that why the atm has been move away.

There is an ATM, I used it only once when it was first launched and not even sure if it's still operating or not, The fees are just too much for a normal exchange where you just pay a fraction in normal exchanges "Although this type of ATM's was really convenient".

There are no ATM's related to bitcoin in my area, I would like it certainly if I could get bitcoin by inserting bills in a machine rather than meeting someone physically and completing the exchange, I don't know if there are allot of followers for it though.

As I see from online info (if you click check online button). Limit is $600 per purchase, and daily limit is $1000, so I assume you can do a second operation right after the first one for $400 more.
Didn't know they ask for ID from the very beginning, this is not usual scenario. However, operators are free to do different verifications based on their KYC/AML compliance program.

Regarding fees, this one (13.4%) is calculated online based on price feed and is calculated against to BitcoinAverage. I use the same feed for all machines to make fees comparable.
So sometimes operators might advertise different rate in case they use different feed, e.g. BitStamp, Coinbase etc, BitRocket uses by the way Coinbase feed as it is seen on the site, but I calculate fees myself. Will be good if you could check it at a new Satoshi machines and update in case it is wrong.

Find the limits fluctuate a bit due to supplier and I can never be sure if they have changed limits.
Talking mostly about the Robocoin DT Vancouver,they often would put limits up that did not match the atm finder sites.
The farther out of downtown I get the more sketchy the operations get,one was listed that was gone for about 6 months.
Kind of a bother when you are treking 30 minute drive to the closest location to see it is send only or limited to $500.

As one of the above user has indicated clearly about the bitcoin ATM's located in various locations in various cities is increasing. Only due to certain market situation few ATM's has got shut. Now bitcoin debit cards are into circulation. So at this moment increase of ATM's will lead to increase of adopters.

LA has several Bitcoin ATMs. Most are on the west side. There's one on Sunset, one on Hollywood Blvd, one in the Westwood Mall..

i never use bitcoins ATM,but i see some bitcoins ATM on my country,they look quiet and just like unused ATM,maybe people with bitcoins more like to use online transaction from their computer or smartphone,i think its more simple.

Personally i prefer to use online exchange to buy bitcoin, ATM can be comfortable but you have to pay an higher fee on your purchase

It will be nice if that is possible. Because than many people will see it and that will be a good advertise for Bitcoin.
But to have the ATM then Bitcoin must also be more used, otherwise they are not going to use it.

Yes agrees. You need to promote Bitcoins to a level that it is used everywhere. Only then ATM will be accepting Bitcoins as
a form of transcations. And ofcourse with ATM supporting bitcoins, you can see the rise of this Digital currency to a great level.

Why should you need a ATM if I may ask ?
Almost 80% has a smart phone know and you can pay with that because the wallets are mobile compatible.
I think this is not necessarily at all if I'm honest.

i wish there's at least one in my country, just to give in some advertising so more people will know and more stores will accept bitcoin.

I used one before, I had to drive a car for hours and was more of a cambing trip than a regular, easy process... These things are easier than localbitcoins but the fees and the small number of ATM's makes them impractical.

I see a lot of talk about fees the local atm here offers 1% transactions once a week to encourage use. Otherwise its %5 but some of these places hide the extra fee in what they deem to be the current price of bitcoin. Usually pads it in their favor.

There is not a single ATM in my whole country, not even in a single city so it is impossible to use it here  ???

I find them useful but the are very sporadic in distribution, You can't expect to find one near your area easily.
Also the fees are just huge, it might be cheaper to use localbitcoins...

The link you have provided says there are 11 in California.

There is a  mistake in this field, I've seen it, but didn't have time to fix it (state pages are added recently).
If you look at the map or at the list of machines below the map - there are much more than 11, about 35.

The reason is that there may be some places/stores which will not have any system for accepting bitcoin or they may not have adopted bitcoin so for paying them we should have need ATM to withdraw our money and use at there.

I do see the list at the bottom. Are all 35 operable?

Should be. I try to keep the list updated. In case I miss something, there is feedback section on every listing, where people can leave feedback.
You can read useful info about availability of machines there, which is aggregated in success rating of each machine.

I seen one just before, My country is not that related to bitcoin but one was opened here, I tried it once just for the fun and the fees did not encourage me to do it again.

These things are just exclusive to USA, Canada and some parts of europe, I doubt there are ATM's dealing with bitcoin anywhere near my area...

I am also waiting for one in my country, it will be more beneficial for me as I am using my bank to withdraw my earned money and the process takes a long time to convert to fiat and then withdraw to bank.

In my country is also not available, as many of the people at here is not aware with the term bitcoin, I think it will take some long time for its introduction to our all community and then will ATM come.

They are distributed/created on the selected areas according to the number of people interested and adopted it, in an area if the use of bitcoin increase then there will it created I think.

well, i don't really think that there is any use for a Bitcoin ATM. Just buy Bitcoins from an exchange and then sell Bitcoins to that exchange.

I take it you are using a credit card or bank account to make those purchases?
Not all bitcoin atms but the ones near me tend to give lip service to the KYC rules and are easy to work around with say a payasyougo cellphone and this keeps the anon factor that I presumed a lot of us would like to keep.
The people using bank accounts and credit cards are risking the day the bank turns around and says your business is no longer welcome here. That is something I am not willing to risk to make a purchase easier.
The Atms are usually in high traffic areas and I tend to move through out the city for work and its easy to just swing in on my way to the next job. Least in theory its supposed to work that easy.