Post
Topic
Board Press
Re: [2018-06-26] Breaking New Ground: South Africa Gets Its First Bitcoin Atm
by
Theb
on 26/06/2018, 14:51:51 UTC
Good start for South Africa but I don't think that Bitcoin ATMs don't give the best value for their money. As these ATMs will give you exchange rates that are different to what the world market is offering, and the rates are always in favor of the ATM business owner. I see rate differences to go up to 6-7% in certain atm machines which are obviously high, this rates also account for the fee of using the machine.  But nevertheless having a physical option to be seen in South Africa is a good way to boost their presence in the country.