Topic: Are bitcoin ATMs worth using? - page 8. (Read 5398 times)
if you have the internet which everyone does then id say you would be better off just useing coinbase or local bitcoins to buy your bitcoin only due to the high fees that ive heard these atms charge. If i could find an atm myself id probably buy a little bitcoins from them just for the novelty factor but it wouldnt be my main way to get bitcoins. The machines dont seem to be that common anyway though so it not an avenue i can take myself.
ATM is not there everywhere , if you want use ATM it should be accessible easily where you do shopping, i believe online shopping is teh best option compared to ATM , because online shopping more advantages than ATM 
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Bitcoin ATMs have two "features" lately that I do not much like:
1) They insist on ID. The first "BTM" I ever used (in NYC years ago) at that time did not... I spent ALL the cash in my wallet to buy BTC...
2) They have gotten VERY EXPENSIVE in my city: 14% !! Forget it.
Since buying from Circle was no worse (from KYC/AML standpoint), I just switched to them because they are cheap.
I have bought via localbitcoins (cash at a Starbucks), that works well if you actually can meetup.
Bitcoin ATMs have two "features" lately that I do not much like:
1) They insist on ID. The first "BTM" I ever used (in NYC years ago) at that time did not... I spent ALL the cash in my wallet to buy BTC...
2) They have gotten VERY EXPENSIVE in my city: 14% !! Forget it.
Since buying from Circle was no worse (from KYC/AML standpoint), I just switched to them because they are cheap.
I have bought via localbitcoins (cash at a Starbucks), that works well if you actually can meetup.
Some friends and I are considering using a bitcoin ATM to do some online shopping. Would it be worth using a bitcoin ATM rather than just an internet exchange site?
What are some advantages and disadvantages to both? Any tips or anything I should know ahead of time before using an ATM?
Thanks in advance!
Checking about your region or the environment, Does there is bitcoin atm in your environment, but I no recommendation to using bitcoin ATM for now, because it's too rarely to find that. the first thing you can do that, check about the available bitcoin atm in your environment. What are some advantages and disadvantages to both? Any tips or anything I should know ahead of time before using an ATM?
Thanks in advance!
It's better to use exchange websites, because according to your requirement as well profit margin you can find the right exchange over the internet. When it comes to bitcoin ATM its really hard to find over all region, as well each card have been provided with limited access based on the issuers.
Some friends and I are considering using a bitcoin ATM to do some online shopping. Would it be worth using a bitcoin ATM rather than just an internet exchange site?
What are some advantages and disadvantages to both? Any tips or anything I should know ahead of time before using an ATM?
Thanks in advance!
What are some advantages and disadvantages to both? Any tips or anything I should know ahead of time before using an ATM?
Thanks in advance!
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