Scam
I’m small-time in crypto investing. I wanted to use cash to buy Bitcoin. I had used Coinme before and it went smoothly but they are feuding with Coinstar and that feature wasn’t available on the Coinstar kiosks. I decided to try Bitcoin Depot. I deposited $100. I was incredibly surprised when my balance of Bitcoin was only $68. I understand there are fees, but $32 for a $100 deposit. I contacted the company. They take a 3% fee (reasonable) but they also charge a spread of 17.3% up to 50% of the transaction amount!!! I was charged over 30%! Of course, this is in the fine print which very few people would read while holding a significant amount of cash at a kiosk in a gas station. If I would have known this, I would not have deposited my money. These are exorbitant fees which are basically hidden. Do NOT use these kiosks or this company! They are crooks.
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