Crypto, Blockchain, DLT

[gfp927z]

>>> 2. Buying bitcoins at an ATM.


https://www.thestreet.com/story/14229944/3/bitcoin-s-humongous-returns-are-luring-mainstream-investors-here-s-what-you-need-to-know.html


People can buy bitcoins through special ATM machines. Bitcoin Depot, for example, offers ATM machines in six states - Georgia, Florida, Tennessee, Texas, Massachusetts and Alabama. The investor signs up for an account with Airbitz bitcoin wallet, deposits cash into the ATM, scans a QR code with a special scanner attached to the ATM, and voila - the bitcoins will be in the Airbitz account. However, the ATM method often comes with hefty fees - sometimes in excess of 20%. "If you're a serious investor, that's too much of a cut in fees to make it viable," said Barski. <<<