ATMs come to Bitcoin

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With Bitcoin at all time highs and exchanges like Poloniex slowing to a halt, Bitcoin ATMs are quick way to grab some quick BTC without the need for verification.

I've used a Bitcoin ATM machine in Dubai airport on a connecting flight to Vienna. The buying process was:

1. First check the BTC price.
2. Scan your Bitcoin wallet.
3. Feed your cash bills into the machine one at a time.
4. Click withdraw.

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Source

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Advantages/disadvantages:

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The advantages I love about these ATM machines were:

• Privacy and security fully assured.
• A full cash transaction with no paper trail.
• No hassles of slow exchanges.

I found the disadvantages of these machines were:

• You need to visit a large international airport.
• The larger fee added for the cash and private transaction.
• Only micro-withdrawals were allowed.

I am constantly checking this site for Bitcoin ATMs in airports as I travel at: https://coinatmradar.com/

Here in the UK, even the small corner shops are getting in on the act now too:

http://www.burtonmail.co.uk/derbyshire-store-has-the-first-bitcoin-atm-fitted-in-the-east-midlands/story-30312059-detail/story.html

Bitcoin ATMs are definitely worth a look if you fancy getting your Bitcoin on the hoof. Go check one out today!

Steem on!

Hive account@mindhunter

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