Bitcoin is a digital currency that is decentralized with no regulatory control. Over the years a number of Bitcoin ATM boot have sprang up in some developed and emerging economies. Since bitcoin is a digital currency I don't understand the rationale behind the creation of bitcoin ATM with so many crypto exchanges around the globe.
Now which organisation is responsible for the setup of this ATM machine? What is the benefits of having a bitcoin ATM in Nigeria?
First of all, bitcoin ATM is not a new thing. And the main purpose of bitcoin ATM has been made to make easy transaction to change our money into bitcoin. In my opinion, the organisation which is responsible to setup this ATM machine is the organisation which from an exchange or market. And absolutely the benefit is the market will get more user and also can get fee from the user.