Lately, I have been seeing many crypto ATM that converts cash into crypto. I am having a tough time understanding the logic behind such machines. I mean, why wouldn't I just go to an exchange and buy crypto? I see no added benefit other than the rather high fees being charged.
Would like to know if any of you have used such an ATM? If so, why?
If you have never used such an ATM, under what circumstances would you consider using it?
I wont be using these ATM and i do not think that we need those at the moment, the one thing that would be helpful is having crypto based debit card and it will be more useful than having an ATM, let us forget the charges, why would you use that unless it is difficult for you to purchase online by providing your identity, they must be having limits too, so i would not use it , no matter what at the moment.