Quote from: MiF on Today at 12:36:29 AM

Quote from: SmallDoggy on April 05, 2022, 01:51:23 AM

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?

If there will be a bitcoin ATM in my country i will not hesitate to used it depending on the machine tx fee, for now i only use a digital wallet that convert my btc to our fiat, the worst thing is the tx fee it is very high and when btc pump the btc that we store on thay wallet is not pumping its stays the same and when the price of btc fall it also fall very quick. Its just like the we are a victim of a robbery.

For sure, it is still the same fees with online exchanges as it is still back with something or it is lower than those traditional exchanges, but still, it is not that affordable to convert a small amount of BTC to our fiat. Though no matter the fees, I would also use it if it was more handy than using our phones to convert our BTC. Though you should always be careful with it, the same cautiousness applies when you are going to withdraw your money from banks.