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?
Yes I would use them, As long as I know that it is 100% safe and the fees are at minimum. And I will only use them if I want my cryptos converted into fiat.
I think it's not advisable to use them for trading. I mean you need to check the environment first before trading right. Do you want to be standing there for hours just to trade.
