Bitcoin ATMs are already available in some cities and are being used. However, from my perspective, there may be some security issues with using Bitcoin ATMs. I don't even think it's profitable to use Bitcoin ATMs due to their high cost. I haven't used or seen a Bitcoin ATM yet. But I have read about it.

You can read this and learn about Bitcoin ATMs if you want. Have you, or would you ever use a Bitcoin ATM?

It Worth me mentioning that we already have several Bitcoin ATM is some cities around the world, but still Bitcoin ATM is not all that popular and for someone who values privacy a d decentralized method of acquiring Bitcoin, p2p is far more private than using a Bitcoin ATM to buy Bitcoin.


Also Bitcoin is not yet legal in some countries around the world, so it popularity and demand for all City Bitcoin ATM is quite out of proportions for now.

Theres a lot of bitcoin atms worldwide already up and running but I never tried one before and even now. I dunno the feeling but I am hoping to be able to try it somehow and how does it feel to use or withdraw money from a bitcoin atm.

Maybe theres a huge fee on this cause youll be using blockchain I dont know too might read some experiences by users here.

Great point and something to keep in mind especially for newcomers planning to buy or sell Bitcoin using one of these. Additionally, fees are a big problem with Bitcoin ATMs. They are usually much more exorbitant in comparison to using an on-ramp or exchange.

That's not possible for current conditions, because there are still some countries that have even banned BTC. The only way to check for BTC ATM availability is through the following website: https://coinatmradar.com

I am often surprised to still see ATMs functioning in the cities because only once or twice an year it is that I see a person using them.  And I agree, with so many exchanges existing you have so many options closer to 'free' rather than paying 10 percent or other absurd amounts to withdraw money from a machine.

Do not get me wrong, the percentage was in my opinion alright, not good but alright, back when Know Your Customer was not mandatory at ATMs.  Now that most of them ask for some form of personal information to withdraw, I would definitely not pay a premium for my information to also be taken away.  If I wanted to give somebody my information in exchange for cash, I would then simply create an account on an exchange instead.

The only other reason I would see somebody not choosing exchanges over ATMs is banks.  Some banks are not friendly with cryptocurrency cash outs.  ATMs help you skip that head ache.

Most big cities have some shops that accept Bitcoin. If your doesn't, then you should change that rather than wait for someone else to solve it. Convince some business owner to start accepting it.

Yes. In countries where the laws are not that bad, these machines have the advantage that you can get some cash instantly and anonymously. That is why you pay the high fee. Because of bad politicians, in many countries they have lost their advantage. You are better of using an exchange or a crypto debit card.

With more and more regulations globally as well as stricter severity in regulatory actions against financial freedom of people, Bitcoin ATM producers and operators have to obey to currently exisiting regulations. Hence, this decline of Bitcoin ATMs globally is very explainable and I remember that there was a plummet about two or three years ago as quick reacts against new and stricter regulations were enforced that time.

Decrease of Bitcoin ATM figures recently are not too considerable compares to past changes. You can surely get more information from coinatmradar back in past years and find what I said.

Even though there are a lot of countries already supported with the use of bitcoin but still few of it offering with the Bitcoin ATM, as of now in my country I never seen a Bitcoin ATM but instead just a saw an exchange store offering a bitcoin buy and sell, even though does not have right now in my country still with the use of the crypto card are still available here and also some of the merchants offering a crypto payment so I guess it tooks long time before most of the city in every country have this ATM.

A city is big enough so one Bitcoin ATM per a city is not enough for Bitcoin users and there is huge demand on numbers of available Bitcoin ATMs globally for Bitcoin users to access easily, if you are considering Bitcoin adoption equals to Bitcoin ATM availability. Fortunately, there are many methods to use Bitcoin from storing, broadcasting, using it and Bitcoin ATM is only one of many accessible methods.

Even Bitcoin ATMs are available and very easily accessible for me, I would like to use other methods that are more convenient and cheaper as well. So personally, I wish best for Bitcoin ATM adoption growth but I don't feel any inconvenient if there is no Bitcoin ATM around me.