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0 sats \ 2 replies \ @richnost 2 Apr 2023 \ parent \ on: More than 3,600 Bitcoin ATMs went offline to record largest monthly decline :( bitcoin
Very few of them are even anonymous. I have no idea why the premiums at these machines are so eggregious. Assuming they bear the regular maintenance cost of a vending machine, one might expect a reasonable 3-5%, but most of the ones I have seen gouge you for a 10-13% premium above spot.
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5 sats \ 1 reply \ @TNStacker 2 Apr 2023
I tried a local one for the hell of it and for the just-in-case practice. It KYC'd me and charged one helluva premium. Without anonymity at an atm, one might as well deposit paper money to CashApp and buy the BTC there.
I hear there are non-kyc atms...
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0 sats \ 0 replies \ @richnost 2 Apr 2023
There are, and the only one that I ever found was CoinFlip, which still required a phone number and KYC above like $900.
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