Now more than 10k Bitcoin ATMs in the world
A fun fact of the day
There are now over 10k Bitcoin ATMs in the world.
Another fun fact, I haven't used a single one of them!
I remember a while back when I was trying to figure out the best ways to get money in and out of crypto (it wasn't always as easy it is today), I looked up a few local bitcoin ATMs.
The plan was to try them out and see how they worked.
However, after further investigation I soon learned that I would be paying around 20-30% in fees to use the ATM.
As you can imagine, that quickly made the allure of using a bitcoin ATM go right out the window.
I haven't checked in years but I imagine the fees have come down quite a bit.
As it stands now, there are over 10k of them in the world today.
And the have incredible growth over the last several years.
Sees:
(Source: https://twitter.com/TheMoonCarl/status/1306479690664812547/photo/1)
Anyone out there have any experiences using a bitcoin ATM?
If so, what are the fees like these days?
nice post
Thanks.
Now this is a big development which has been flying under the radar.
We had one at our biggest mall in Honolulu, the Ala Moana mall, but it sold Bitcoin at close to 20% over market price. I don’t know if it’s still there. I saw one in Japan also in a mall, but it was 15% above market price also.