This is the only Bitcoin ATM in my country
This is the only Bitcoin ATM in my country
I tried it out the other day, I thought to share my experiences and thoughts
- The fees are okay-ish at ~5%. To put in comparism, Coinbase charges 3.99% for credit card purchases in my country
- It is pretty accessible. It is within 10 minutes of public transport from the city and directly within "Chinatown"
- The user experience is very intuitive, being one of the widely known Lamassu ATMs. It only accepts cash, which is seen as a benefit as other options in my country have only digital options (Perhaps with the exception of Localbitcoins.com)
5% is not okay-ish. It is exorbitant!
Well... Not like there's any other physical options. Plus, imagine the recent Coinbase Credit Card outage...
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