Crypto currency is known to be a digital currency, a lot of us have suggested that there should be a crypto ATM to ease and hasten the use and general acceptability crypto. But if there be an ATM would it not make it Fiat again and would it still maintain the digital currency value?
I thought there were already Bitcoin ATMs in some locations. The great thing about these is that it gives people an easy way to buy a little bit of Bitcoin easily. Many people do not know how to obtain Bitcoins so this brings it to the masses.
Buying of bitcoin out of ATM's weren't that simple, it seems to have complex process. Buying out of exchange costs less compared to the cryptocurrency Atm where the transaction fee is quite high. Globally we've large number of cryptocurrency ATM supporting different cryptocurrencies but those haven't got used much. On account of the same more ATM's were taken back by the firms that installed it.