Quote from: OGsmall on Today at 12:00:45 AM

How does it feel when you first make your first transaction on the Bitcoin AMT machine,
Well, I guess for most of us it has been a daily rationale for you guys well

Why I was this happy because, in my regional society, there is no such thing as Bitcoin ATMs.
Most people in my society don't have a better knowledge of Bitcoin, so I could not see the machine or have a better knowledge about it but I still memorized some techniques on how it Also with the help of this forum I got to learn about it and how to make transactions and also to deposit

To be fair, Bitcoin ATMs have very high fees. Probably only Bitcoin enthusiasts will sometimes use ATMs, those who want to just test it for the sake of Bitcoin. It's not for regular users because there is a huge difference between preev.com's rate and ATMs rate. Btw can you share the rates with us? Also, as far as I know, Bitcoin ATMs can ask you for ID verification.

Quote from: AHOYBRAUSE on Today at 04:11:20 AM

The fees though have been horrendous. At the first ATM I used in Taipei the fee was like 15-18% for buying, and similar for selling.
And 1 time I sold a little bit of btc for around 400$, which was around 12000NT$ local currency. For some reason the ATM was out of "big bills", 1000NT$ is the biggest common bill, so it gave me 120 100NT$ bills. That was quite stressful and took a long time cause the bills came out one by one.

Lucky I later found a much better ATM which had better fees, but still around 10% Roll Eyes

. And for some reason all ATMs stopped buying btc and just sold (as well as other currencies), that was quite annoying.

Many Bitcoin ATM providers probably depend on Bitcoin enthusiasts and want to make money from them because their fees are very high. They are doing bad for Bitcoin adoption, my friend had an ATM in his restaurant and almost no one was buying or selling coins because fees were up to 16%.