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 already heard about that bitcoin atm machine, in fact we already have one here in my country. For me, I would rather choose not to use bitcoin atm because of the transactions fees. I still have no idea how much is the fee when or if I use this bitcoin atm. The other one is, I'm kinda scared to use this because of the issues of scheming divice that some thief put on an atm machine just to widthraw money on someones acccount.