Post
Topic
Board Bitcoin Discussion
Re: 3000 Bitcoins ATM worldwide !!!!
by
Nerman
on 08/06/2018, 04:23:59 UTC
Bitcoins distributors are increasing. Indeed, the symbolic bar of the 3 000 distributors in the world has just been crossed, and there are about six new installations each day. So the situation is changing very quickly.


Honestly I can't understand people who are using ATMs to buy bitcoin or any other altcoin - crypto in general. Most of the time rates are way higher than if you go and register on some exchange and trade directly. Secondly, there is no support on the spot and some ATMs even ask you to provide them with your IDs and they will take the picture even if you are buying only one time and guess what this doesn't sound like the best deal for me. You give them your ID and you overpay for the price for what? If you are going to do KYC better is to follow up and go with trustworthy exchange in my opinion.

Well I understand where your coming from but also you need to understand some people also need to get their money fast. Selling in an exchange and getting the money takes time. This is the reason why we have ATM's not only in Crypto currency but also this is the main reason why we have banks ATM. Also this is helpful for tourist. You can use your crypto to get cash quickly.