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On 10/23/2019 at 3:55 PM, Keith700 said:

 

 

 

On 10/23/2019 at 3:55 PM, Keith700 said:

Bitcoin ATMs and other cryptocurrencies have expanded a lot in the last two years, for example in Venezuela, being a third world country already has two ATMs to make transactions or money changes, in more developed countries ATMs can be find in any corner specifically at airports or locations that accept cryptocurrencies.
It is still a boom, a piece of acceptance all this type of incursions and initiatives that certain companies have been strengthening with respect to this.
It could already be treated as a legal issue worldwide that these ATMs become more used than traditional ones, is what is expected.

Bitcoin have expanded beyond imaginations however it is a great move to spread crypto currencies to people who have no idea about it and it will be a welcome development.

Edited by The Game

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 As crypto world invented for a long time passed and bitcoin become popular to all while most of the country accept it as for use it daily shopping, buy car and another necessary thing so its normal to have bitcoin atm machines in those country where bitcoin accept.  But still in usa there has no way to use bitcoin freely though there btc legal..                 

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On 10/23/2019 at 4:55 PM, Keith700 said:

Bitcoin ATMs and other cryptocurrencies have expanded a lot in the last two years, for example in Venezuela, being a third world country already has two ATMs to make transactions or money changes, in more developed countries ATMs can be find in any corner specifically at airports or locations that accept cryptocurrencies.
It is still a boom, a piece of acceptance all this type of incursions and initiatives that certain companies have been strengthening with respect to this.
It could already be treated as a legal issue worldwide that these ATMs become more used than traditional ones, is what is expected.

Yes, many developed countries have put in place an automated teller machine in order to buy and sell Bitcoin with ease. This has made countries developed and have more intelligent people than other peoples in the field of crypto

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On 10/23/2019 at 4:55 PM, Keith700 said:

Bitcoin ATMs and other cryptocurrencies have expanded a lot in the last two years, for example in Venezuela, being a third world country already has two ATMs to make transactions or money changes, in more developed countries ATMs can be find in any corner specifically at airports or locations that accept cryptocurrencies.
It is still a boom, a piece of acceptance all this type of incursions and initiatives that certain companies have been strengthening with respect to this.
It could already be treated as a legal issue worldwide that these ATMs become more used than traditional ones, is what is expected.

It is really a good thing that distributing ATMs to people on the streets will make them receive their money and buy Bitcoin quickly, and it will make them really more capable.

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It's a very great technology, it gives great value to Bitcoin and cryptocurrencies, it really works to renew the old financial system, and make something new to deal with, it's really fantastic Bitcoin atms we hope to open our Bitcoin exchange too. 

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There are now BTC ATM machines all over the world. In train stations, shopping malls, computer shops, etc. I usually try to buy my BTC thru a ATM machine because I know that the transaction is completely private & secure. Screw any government official that says my privacy depends on them. I do what I want with my OWN money. Since politicians spend other peoples money, they think they can tell everybody how to life their life & how to spend their money.


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In Dubai there alot of ATM of bitcoin. There are also gold atm and ethereum atm . And many other countries establishing Crypto ATM. This is really great. Many countries started accepting cryptocurrency. In future cryptocurrency wiil be used for daily uses.

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Yesh I think world is accepting the existence and the usefulness of cryptocurrency day by day.Crypto atm are a best example of it.Its a great news gor us as its making a huge progress in making it legal in many countries. More people can join on this community and strengthen the power of cryptocurrency more.

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There are ATMs in some diferent part of some countries but you can hardly find it because cryptocurrency has not win the global adoption the main functions of the ATM is you can sell or buy cryptocurrency of your choice i hope in the future more functionality will be added into the ATM to aid smooth and efficient operation.

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Automated teller machines are very necessary at this stage, and they are a beautiful movement to strengthen dealing in cryptocurrency, and this is a great achievement from Germany to help the people to facilitate the exchange of cryptocurrencies, so we will find great success among the German people

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Yes gentleman you said absolutely right in previous to years the Bitcoin and the cryptocurrency increased in the whole world and become the global currency and there are many ATMs for the cryptocurrency and Bitcoin that is very beneficial for you you and also every members on this forum

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You will find many crypto's ATMs in our country where you can conduct your transactions. And you will get about crypto ATMs in every country where the cryptocurrency is legalized and people there will also be working on it. And you will not get a single ATM of those countries where cryptocurrency will be declared as illegal. 


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Still in my country there is not install the crypto ATM but i hope soon the crypto ATM is installed in my country and i make good money that time becasue my country peoples will invest huge money in this market and they make good profit at that time.


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On 10/23/2019 at 4:10 PM, Masterrex said:

I think its case to case basis on every country for example Crypto ATM from those countries that cryptocurrency trading was accepted was just a normal scenery , but those countries that hostile or againts in cryptocurrency ofcourse you didnt find any single crypto ATM, thats why in contrast with both cases Fiat ATM's was still the most used globally and it will not replace a crypto ATM in these too early stage of cryptocurrency revolution it needs time to be accepted because its too complicated technological innovation.

Yes you'll never find single ATM in those countries that frown against the existence of cryptocurrency, some countries even threatened to jail there citizens if found transacting with crypto currency


 

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Siddiqui ATMs are a service that has been made available mainly in several countries, including India and China, and aims to withdraw cryptocurrencies in cash directly from countries, which allows great ease during withdrawals. Thanks

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14 hours ago, abohasnn9 said:

Siddiqui ATMs are a service that has been made available mainly in several countries, including India and China, and aims to withdraw cryptocurrencies in cash directly from countries, which allows great ease during withdrawals. Thanks

@abohasnn9  sorry to say India still not accepted crypto totally in their country, so I don't think Indian government allows their users to buy are withdrawl crypto through crypto ATM's, but worldwide so many crypto ATM installed in well developed countries, like China Spain Canada united kingdom, these crypto ATM do transaction easy but the problem is they charge hige fees as compare to exchange.

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It is really an happy news that crypto banks have started functioning which ultimately helps to increase the popularity of the crypto currency which will ultimately increase the value of crypto currency  and many more countries also started planning to start many more crypto banks.

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I think it is very good to extend the implementation of ATMs dedicated to cryptocurrencies, it is noted that cryptocurrencies is expanding little by little throughout the world since creating ATMs will give people much more facilities to acquire cryptocurrencies
A big greeting to the whole community

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Bitcoin ATMs have increased in the recent period in many countries of the world and I believe that with the future, ATMs will be in all countries of the world when Bitcoin is legally recognized.

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The development of Bitcoin ATMs continues throughout the world along with the growth in the use of Bitcoin. It is not unusual to use a Bitcoin ATM because we can convert to fiat currency when going to a country, we don't need to use a money changer as a third party to exchange money into local fiat. Just need to use an ATM and we can redeem it easily.

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The number of cryptocurrency users is constantly increasing. People are attracted to it because of its easy investment method, easy transactions and high profitability.  Considering these issues, some countries have set up ATM booths in their countries.  

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Cryptocurrency ATMs are really on the rise and their use increases because many people have already learned and saved their money in cryptocurrencies, which makes this a little more security and possibility that if you travel to another place you should not do many processes to being able to buy so that is where there is a great important role for ATMs.

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I am so surprised about Venezuela and i wish all countries support this decision and make an ATMs for the crypto currencies .

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The deployment of automatic teller machines in all countries of the world will facilitate the possession, purchase and sale of cryptocurrencies, and this matter will contribute positively to adopting cryptocurrencies and instilling confidence in the rest of the people who are still not confident in cryptocurrencies.

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There are currently 8,947 cryptocurrency ATMs and 211,239 non-teller locations where you can buy or sell cryptocurrencies in 71 countries, according to the cryptocurrency tracking site ATM Coinatmradar, most of which are located in Los Angeles, Chicago, Miami, Houston, Dallas and Atlanta. Canada comes second with 816 Bitcoin ATM locations, most of which are located in Toronto, Montreal and Vancouver. According to Coinatmradar, other countries with more than 50 Bitcoin ATM locations include the United Kingdom, Austria, Switzerland, Spain, Germany, the Czech Republic, Poland and Italy, but one of the drawbacks is that the withdrawal and deposit rates are very high, reaching 20%.

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