Quote from: kingvirtus09 on Today at 10:53:35 AM

If the number of installed ATM machines increases, that is a good sign for other people to see and have curiosity if they see that there are crypto communities withdrawing because of Bitcoin or cryptocurrency. But the question is, are there really many crypto users who use that ATM?

Maybe later there will be many ATM machines installed, but only a few users will use them. Here in our country, it doesn't seem to have been increased or maybe even removed because I don't hear any news about the Bitcoin ATM machine in our country.

Bitcoin ATMs play their roles as marketing exposure of Bitcoin in the crowd and can help Bitcoin adoption. More people see Bitcoin ATMs, more people will be curious what it is, some of them will start learning about Bitcoin and part of them will become Bitcoin investors, traders, speculators or maximalists.

Bitcoin ATMs have big disadvantage in fee that is expensive and it can be barrier for Bitcoin ATM usage. More stricter regulations from government can force Bitcoin ATM operators to uninstall their ATMs.

Bitcoin ATM fee

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Customers are charged a service fee for using a Bitcoin ATM. This fee is typically charged as a percentage of the transaction rather than a fixed dollar value. Bitcoin ATMs can be very high, and the exchange rates offered may not be as competitive as could be found elsewhere. For example, Bitcoin ATM operator CoinFlip charges between 4.99% and 21.90% of your total transaction amount, compared to paying between $0.49 for a Bitcoin purchase of $1 to $4.99 and 1.5% on a purchase of $1,000 or more using Paypal.