Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Have you, or would you ever use a Bitcoin ATM?
by
coolcoinz
on 05/04/2022, 14:46:05 UTC
⭐ Merited by JayJuanGee (1)
Personally, I have used one, but the fees is expensive as per discussions on the threads above. I'm not sure if this is viable as a gift though, you might want to look at Opendime: https://opendime.com/

I have used one and the fees are fine. In my area there's a number of them and one that I've used a few times has 3% transaction fee, which is fine, especially that it doesn't require any KYC up to 1k EUR and you can sell BTC for cash straight away. There are cheaper ways to sell cryptocurrencies, but they require you to set up full account, go through KYC, have a bank account linked and so on. For me privacy is worth that additional 1% or 2% fee.