Navigating Bitcoin ATMs While Traveling. Tips and Considerations

[Aanuoluwatofunmi]

Anyone here has any solid advice and heads up on the use of Bitcoin ATM. I'll be traveling to a new city and I'm learning there are a couple of Bitcoin ATM I'm the city. I'm looking to use one in the restaurant
where it is located in . I just want to know if there's any heads up or I should avoid it and pay in Bitcoin without using an ATM?
Thanks

You're not being specific on the city or country you're taking your journey to, this may be the first thing to consider when giving you a recommendation on the use of bitcoin ATM, though someone like me have never been able to use one before, but I've heard some of my colleagues who suggested there's much cost for using one in making a transaction, I don't think you should have much difficulties in using one, since everything will be operated by you under the instructions it has as functions and you follow the procedures, just as we operate the fiat ATM, am not saying it's the same as fiat but in procedures to operating one, they could be similar.

[Helena Yu]

AFAIK you need to prepare if Bitcoin ATMs will charge higher fee than usual and you need to buy a sim card that can be used in the country you travel, I think you will not have any problem when you can accept both of them.

And last, you might be careful if there's a people around watching you in there.

[Sophokles]

Try not to use it on night or use it in a place where it's not solitary. Bitcoin ATM can be an easy target for criminals.

The same as fiat-only atm's, but you don't see people talking about it when using one, any risk you bear when you use a fiat-only atm is the same when you use a BTC atm, if you don't do anything extra when withdrawing or sending fiat in an atm, do the same with BTC.

I think there isn't anything extra to do when using an ATM. You use your card, cash out or send money and leave the place.

When using a BTC based ATM my biggest concern is the fees. Sometimes those ATMs charges extra fees on top of transaction fees. So if i am using a service worth 20$ and paying an extra 20$ for transaction fees and any extra fees or VAT they charges is not reasonable. I would like to use my fiat based credit card instead.

[famososMuertos]

Generally, when one travels to another country, the same considerations that are taken in the security aspect with an ATM do not change with a BATM and even less with the double guillotine rates, fixed rate of $10 and variable rate of 3%, example values , these vary depending on the ATM, in short, it is almost the same.

Except that with a BATM you have the variable "rarity" someone waits for the tourist who uses them, and unless it is strictly an emergency do not use them, as simple as that, there are so many ways to get Fiat money via TDC, TDD or cash that BATm ATMs are for cryptocurrency tourists and you OP, I'm sure you're not.

[Vaskiy]

coin ATM Radar is the much used platform through which Bitcoin ATM can be located throughout the world. However we can't be sure whether that particular ATM is functioning or not. In the past few people have travelled to different countries around the world using bitcoin. Now traveling with bitcoin is not a big deal as we'll see lot of services and stores accepting Bitcoin around us. It is our responsibility to explore and make use of it.

When it comes to bitcoin, we were able to see a big difference in the service fee charged on every transaction. I haven't used with these Bitcoin ATM. In my country big news came that Bitcoin ATM is located in a particular place and the next day's title was the Seizure of the Bitcoin ATM by the government.

[taufik123]

Hi OP where are you, why haven't you seen the discussion until now?
All the members' answers seem to be enough to explain what you are asking.

If you just want to feel how to use Bitcoin ATM for the first time, it won't be a problem with a fairly expensive fee, after all, you only use it once.

But if you use it for transactions and to pay for some of the items you buy at shopping places or convenience stores that accept Bitcoin then using the Bitcoin Lightning Jarigan is the best suggestion instead of using a Bitcoin ATM which is more complicated and costs more.
It will also be faster without waiting for many confirmations like the usual Bitcoin network.

I hope you will come to this discussion thread and clarify your journey about Bitcoin ATMs and what advice you prefer.