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?
Benefits mate, benefits of setting it up!
Any person who has set it up will earn some commission whenever the machine will be used by other traders. Also the importance of ATM machine is that you dont have to go online, open up your wallet and deposit fiat money over it, wait for its confirmations and then buy your desired currency.
Well, when you will be using an ATM machine you will have advantage of doing it almost instantly. You can deposit the cash at the machine and buy the desired currency with few clicks.