It definitely have something to do with our government's policies against cryptocurrency. I'm even surprised that we have any because before I found out we had any, I thought there wasn't any available down here at all but I was wrong. For them to allow 2 at the moment means we would likely see more soon.
That is totally understandable, I imagined that it would be due to the government's policies, in short, as you say, having 2 Bitcoin ATMs in your country is already a good sign, who knows if in the next ten years you won't have one in front of your house
I would definitely be interested in having one set up in my house, at least I'm going to charge them for my land space where they are going to install itThat is totally understandable, I imagined that it would be due to the government's policies, in short, as you say, having 2 Bitcoin ATMs in your country is already a good sign, who knows if in the next ten years you won't have one in front of your house
. It's just like how much land owners charge for selling a piece of land to telecommunication companies to install their mast.
Just yesterday I was at a Bitcoin ATM, from a company called Bitcoin Weex, I did not go to sell my Bitcoins but to buy directly, I went to a town 10 km from mine, and they told me that I could sell up to 1000 euros a day in Bitcoin without any problem there, which surprised me a lot, the commission is not the best since for every 100 euros they charge you 9 euros, but it's a very decentralized way to buy Bitcoin, because they didn't even ask for my ID.I would definitely be interested in having one set up in my house, at least I'm going to charge them for my land space where they are going to install it
There is no bitcoin ATM in my country, that's because the user of bitcoin in my area is very little and most of the society have no knowledge about bitcoin, i remember when i start holding bitcoin no one will buy me i have to sell and buy my bitcoins online from other country, but now its relatively getting some acceptance but now like having a machine that exchanges bitcoin to paper money.
Sure, but you have a very positive point, and that is that you don't need any type of KYC for purchases of up to 1000 euros or sales of up to 1000 euros, I think the commission is justified, you don't have to go through any financial institution to withdraw your money or leak money to Bitcoin.
I understand, but Binance still has the details of your operations I guess, I don't see anything wrong with operating in exchanges, because I use them too, but the fact of going to an ATM, talking to a person, and having him make the operation without even knowing my name, is something I didn't expect.