Bitcoin atms

[elisabetheva]

I think the fees charged should be high, so be careful. I haven't used them personally because they are not available in my country, but they seem to be safe and comply with government regulations, so I don't think safety will be your problem.

it is clear that the fee will be adjusted according to the withdrawal at that time, because we know the price of bitcoin is always changing all the time. but maybe there are those who like the existence of a bitcoin ATM because it might make it easier, but for me it is very confusing, it is better to use a fiat ATM which costs only occur at the end of every month through the bank that we use. but if that convenience might be very useful for those who need it, of course it doesn't matter. but there may not be many bitcoin ATMs available in many countries.

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[LongStand]

A Bitcoin ATM is a machine that lets you buy bitcoin and other cryptocurrencies with a cash or debit card. Some bitcoin ATMs allowing for both the purchase and sale of bitcoin for cash. Bitcoin ATM resembles typical ATM but except connecting to the bank account they connect customer to a bitcoin Wallet or exchange directly.

[famososMuertos]

The best thing someone can do before using anything that they have no "xyz" idea is to ask themselves those questions at least ... I have met guys who have seen the machine and run towards them like they were candy machines.

I have gotten this link that can help to complement the information:
https://cointelegraph.com/news/bitcoin-atms-worldwide-hit-new-milestone-surpassing-6-000
Source of that link: VB1001 / OP

[yhiaali3]

Like anything else, ATMs have two sides, one negative and the other positive. The most important positive points are the ease of use and the ease of obtaining cash instantly from anywhere around the world where these ATMs are located. As for the negative points, liquidity is limited and not available at all times. Also, you need to activate KYC, in addition, these devices are not available in all countries.
As for the possibility of hacking it online, we have not heard of a similar case before, but I can say in general that anything connected on the Internet will not be 100% secure, but so far there are no such cases.

[kizlod]

ATM are good and they helping to introduce crypto to people who wouldn't buy it in onther way. After that they might learn about it way more if they want. But it's having a really big fees so i don't think it will attract too many people.

[dimox]

i dont know the machine work too. i mean, we can search on yt how it work. we have different place, and its far enough. bitcoin atm can be one of the other easy ways to purchase this coin. we know if we need to give our information, but no matter it is, people who want to know and really dont have anything about this thing will do what is asked.

[aysg76]

i dont know the machine work too. i mean, we can search on yt how it work. we have different place, and its far enough. bitcoin atm can be one of the other easy ways to purchase this coin. we know if we need to give our information, but no matter it is, people who want to know and really dont have anything about this thing will do what is asked.

The working of bitcoin is simple and you can easily buy or sell your bitcoins with these machines anywhere they are located.You simply visit the atm and the machine will ask you to sell or buy bitcoins and if you want to buy Bitcoins click on it and then simply scan the qr code of your wallet which you are using and then it will ask the amount you want to buy for example how much USD worth of bitcoin.Then you add the amount and click confirm and then pass the same amount in bitcoin atm and boom your bitcoins in your wallet.The sell options is similar like you enter your phone number as proof and then enter the amount you want to sell and then you will receive a ticket on which there is qr code which you need to scan on your wallet and then you will receive text message and then simply scan the same qr code on bitcoin atm and you will receive the equivalent amount you have entered to sell.For further information have a look at this video:

Bitcoin ATM working