Bitcoin Withdrawals ATM's Question
Was looking at this withdrawal/deposit method on BookMaker. No fees, fast transaction, seems nice. My question is, after the book sends your payment to your bitcoin wallet, you need to sell it to get USD. I get that you can do this in a variety of ways, ATM's, person to person meet up, exchanges, etc.
Can you go to a Bitcoin ATM and withdraw cash from your bitcoin wallet? Or must you sell a Bitcoin using the ATM, which looks like a fee of 5% on the low end. Do the fees and complexity of getting cash make Bitcoin worth it? I see Las Vegas has a number of bitcoin ATM's. Would be nice to get a payout, sell the Bitcoin, and have cash in hand in 30 min or less. Paying $150 for $3K is ridiculous though.
Can you go to a Bitcoin ATM and withdraw cash from your bitcoin wallet? Or must you sell a Bitcoin using the ATM, which looks like a fee of 5% on the low end. Do the fees and complexity of getting cash make Bitcoin worth it? I see Las Vegas has a number of bitcoin ATM's. Would be nice to get a payout, sell the Bitcoin, and have cash in hand in 30 min or less. Paying $150 for $3K is ridiculous though.