For the first time in my life I could purchase Bitcoin, Ethereum, Litecoin and Monero from a crypto ATM here in Geneva (Switzerland). Mass adoption is really starting!
For the time first time ever I used a crypto ATM here in Geneva – although hidden in the manor store, four coins were available for purchase with a 1000 chf limit per person per day. Cash only, you are given a qr code with a public key to send and receive the amount your purchased. The machine was operated by Bity, and for any purchase of Bitcoin I was asked a fee of 4 chf.
This is truly astonishing considering that 10 years ago buying Bitcoin was almost like using limewire. Gradually, I hope to see more ATMs pop up and enable people to invest without having to disclose all your personal information on sites like coinbase or binance.
Mass adoption is really around the corner, and with more and more people jumping on board, I do believe crypto ATM will be a bridge of accessibility. When crypto will become a useable currency in major stores these will become essential!