I was surprised to see that my local off license had got a new Bitcoin ATM and after talking to the owners it seems that the machine is getting a lot of use.
The machine was made by a company called BitXATM and is operated by a company called BCB ATM who currently have 46 machines operating in the UK.
I have never used a Bitcoin ATM and after looking in to it the fees seem rather high with this particular machine charging 4% on all buys and 3% on sells, i have seen fees as high as 10% so it looks like i will be sticking with Coinbase for now lol.
B&B Offlicence and Grocer
It is great to see the somewhat mainstream adoption of Bitcoin and hopefully somewhere down the line there will be machines where we can buy and sell our favourite alt coins, this may even be a business opportunity as there will surely be an increased demand for these machines some day.
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