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Nezar

Automated teller machine to buy and sell Bitcoun

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we know that Bitcoin ATM device allows everyone to buy and sell cryptocurrency with Fiat money
we also use ATM device for different purpose. I want to use an ATM for Crypto

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I heard something similar. Such a machine seems to have been installed in the United Arab Emirates. Where it was possible to buy cryptocurrency for several hundred dollars. The idea itself is cool and interesting, but there seems to be a commission to the machine

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Hi
it's convenient but the fees are still too high to use Bitcoin ATMs.
Hopefully the fees on Bitcoin ATMs will go down and maybe 1% or even below because we need to be adopted. I think with a 1% fee, a lot of people will use it to invest instead of going through a process of sending money through wire transfer.
thank you

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On 1/21/2020 at 9:47 PM, Nezar said:

Bitcoin ATM is a device that allows buying or selling bitcoins for fiat currencies. It works almost like the ATMs we use today, with a few differences. Instead of inserting a bank card into the device and obtaining the money, with Bitcoin ATM you can just scan your wallet code for the ATM, and you make some pressures on the device and we get money (dollars or euros) compared to bitcoin, and the opposite is true if you are You want to buy bitcoin, you deposit banknotes in Bitcoin ATM at any value that Bitcoin buys and you will receive instructions to send that value to your bitcoin wallet.

Bitcoin ATMs allow you to buy and sell bitcoins. They are actually internet-connected devices, not just ATMs. Bitcoin ATMs connect the client to a cryptocurrency exchange where they can conduct bitcoin transactions. Transaction records are provided via a device-issued receipt, and records can also remain digital.

The average fee for conducting transactions through our Bitcoin ATM is between 5 and 10%, for every transaction, whether withdrawing or depositing, and these fees vary between one ATM and another, between a company and another, and from one country to another.

 

It is very beautiful and comfortable for everyone and the way to use it is easy. I hope that this technology is available all over the world

It would be great friend that a payment processor or exchange can add the money directly to any bank account that allows it and to be able to withdraw the money easily from an ATM would be a good friend, a greeting

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Nice post, we know that Bitcoin ATM device allow everyone to buy and sell Cryptocurrency with fiat money as well as we are use atm device for different purposes also.I want to use atm for Crypto but in my country atm not accepting Cryptocurrency/

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Very good, although here in South America I do not know of the existence of these ATMs; These would facilitate many to make transactions. Very good option!

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In my country, only some businesses or people accept payments for cryptocurrencies, but I see very far in the future that I will see one of these ATMs, of course I would like, at least when I travel to Europe I know that I can use them.

Cajero-Bitcoin.jpg

Thanks for the review

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Yes now the Bitcoin ATM gain a lot of place in the world, still is not present in the majority of countries, but yes almost of developed countries you can find Bitcoin ATM. This is good for cryptocurrency users and also for the development of cryptocurrency in general, really it is a very good initiative!

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I think we need to wait a long time for this project to become widespread. It actually looks like a very useful project. However, the number of people using cryptocurrency in the world today is considered to be around 100 million, according to the researches. So when you consider the world population and the number of countries that allow cryptocurrencies, we will have to wait a little longer for this to happen. But it will definitely happen. Maybe our grandchildren will. 🙂

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Introducing this innovation into the world of crypto will make crypto widely acceptable. Introducing ATMs will make it so comfortable to use crypto and trade with it. It will also ease and aid instant conversion of crypto to Normal currency if utilized well

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Yes there Should Be an Machine that tells us to buy the Bitcoin or sell the Bitcoin at the Right time when it needs. By this machine we will get the more things of making the money with saving the time. The Automatic Machine can do all the things that we wants.

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