Experiences with Bitcoin ATM withdrawal? BTC/Crypto ATM

Spottyyy

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Hey guys,
i was wondering if anyone on the forum used a Bitcoin ATM before and wanted to share some experience.
Maybe about the Fees and the security.
I have heard about ATM that are being run by the tax investigation wich lure with low fees and then catch people who are withdrawing tens of thousands of dollars.
I am excited to hear you thoughts and experience.

https://en.wikipedia.org/wiki/Bitcoin_ATM
 
ATMs r easy to use, insert cash and give address. Ive seen fees like ~5% there. If u want to withdraw they usually have certain notes there and u cant withdraw exactly what u send. Like if u send 112 USD u may get 100 or 110, depends of what notes they use. Tax investigators rumor is bs. Whoever has bigger amount of crypto they hv way better methods to cash out than using ATMs.
 
It is not true that tax regulatora are intalling these atms. Most of the times exchanges are associated with it.
 
In my country an exchange calles UNOCOIN installed an ATM and the owners of that exchange were arrested.
 
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