Post
Topic
Board Bitcoin Discussion
Re: Have you, or would you ever use a Bitcoin ATM?
by
yohananaomi
on 23/06/2023, 01:16:45 UTC
I've seen them pop up all around me, in small convenience stores and even restaurants. I was wondering if it's a good option to buy a gift for someone else, or are the fees too high and it's not worth it? Also I'm not sure how it works but figuring they give you a private key, and how safe is that?

Bitcoin ATM is a good thing, but I think that there are some problems with exchange rates. The other problem of such devices is that there are not many of them, so it's impossible to find one in most locations, while money is usually needed instantly...
it seems that a bitcoin ATM may indeed be needed, but it is also necessary to pay attention to the security factor of the ATM. but for me, it's not too important because of the need for transactions, because most of them are done with other banking products. it is also true that there is still not much availability, not to mention the exchange rate that must be done first, it seems that there are still many who need local money for transactions that are very necessary compared to bitcoin ATMs.