Quote from: MonaLeeTracy on February 08, 2019, 09:57:41 PM

Quote from: Myown55 on November 12, 2018, 01:51:20 AM

It might interest you to note that the bitcoin policy has been accepted and implemented by some banks. Not long ago, I read a post on this platform which stressed on the facts that there are bitcoin ATMs in some parts of the Europe and United States.

The question is " how will these ATMs operate?" Will customers withdraw money in the form of Bitcoin notes or fiat??? Please share your views on this topic. I need clarifications.

I think exchanging our coins in a bitcoin ATM is certainly fiat money, not in the form of bitcoin anymore. because bitcoin atm is also not widespread yet. so it's still rare. Moreover, our goal sometimes to use a bitcoin atm can make it easier for us to exchange our coins into fiat currency.

Yes, Bitcoin ATMs can be useful to buy more easily bitcoin with fiat money. However, you will pay higher fees for the service. Much higher fees in many cases. If one isn't really a newbie, exchanges are always the best way.