Quote from: Rikafip on Today at 08:59:58 PM

Quote from: fiulpro on May 17, 2022, 06:27:09 PM

11% fee?
Isn't that a bit too much ?

Its not that is a bit too much, it is way too much. I quit using BATM when the one in my town increased the fee from 4.5 to 6%, so for me 11% fee is unacceptable really, especially at this day and age when you have so many different ways to buy/sell bitcoin.

Quote from: DaveF on Today at 11:14:16 AM

BATMs are not cheap
Keeping the back end servers up an running has a cost
Hiring people to put in / take out the money has a cost
Since they are still somewhat new customer service people have a cost
And, don't forget PROFIT.....

I do get that running BATMs ain't cheat at all ( I had a lengthy conversation about that with my local operator) but 11% is really pushing it. Unless taxes for running BATM are much higher in the United States compared to Europe, but I always though that your taxes are generally much lower than here.

Some crypto users will try to use these btc ATMs but in the succeeding transactions, they won't use it anymore.
Once they feel the charges are bit too much and they know better options like online transactions, they won't go back to these ATMs.
But they can say, they have tried. I haven't tried an actual BTC ATM as it is not present in my immediate area.
However, if I do have the chance, I will try, just for the sake of experiencing a BTC ATM.
But more than likely, I will still go back to cheaper and more convenient options. Because nowadays, online access is pretty much everywhere.