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 have heard a lot about these ATM machines, but I never used them. I suppose the commission there is extremely high. That is why I prefer using the exchanges I trust. I am also waiting for the moment when banks of crypto start their work.