Bitcoin Forum
May 07, 2024, 02:47:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6]  All
  Print  
Author Topic: Crypto ATM - Would you use them?  (Read 572 times)
btcprospecter
Sr. Member
****
Offline Offline

Activity: 504
Merit: 251


★777Coin.com★ Fun BTC Casino!


View Profile
March 26, 2018, 09:23:31 AM
 #101

It is good if you want to stay anonymous and avoid kyc from exchanges. It also has a benefit of letting people experiencing crypto for the first time. Transaction fees are high but if there were more owned by a single entity they would be cheaper.

Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715093272
Hero Member
*
Offline Offline

Posts: 1715093272

View Profile Personal Message (Offline)

Ignore
1715093272
Reply with quote  #2

1715093272
Report to moderator
SaShiRaJaVu
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 541


View Profile
March 26, 2018, 05:24:37 PM
 #102

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.
jagdeepjd
Sr. Member
****
Offline Offline

Activity: 700
Merit: 251


View Profile
March 26, 2018, 05:34:30 PM
 #103

Crypto Atm is a convenient machine for the public to buy crypto regardless of how old you are as it does not require ID verification.
Also it is easy to use them, you can be saved from the hassle of going through the websites and doing all those procedures.

In my country crypto atm is not available yet and i would love to use them if we get them in future
Pages: « 1 2 3 4 5 [6]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!