Post
Topic
Board Bitcoin Discussion
Re: Why the concept of crypto ATMs failed ?
by
Donneski
on 29/03/2025, 14:30:13 UTC
Any idea why the concept of crypto ATMs failed ? It failed to become big ? Is it because of strict goverment regulations  ?
Government regulations I personally think is one of the factors that limited the success for crypto ATM campaign but that I don't think was the major reason. Some persons who were campaigning  for crypto ATM at the start didn't actually have a full knowledge about the service charges but after they learnt of it, they stopped calling for crypto ATM. The ridiculous service charges is believed to be the major reason why crypto marketers stopped clamouring for crypto ATM.