Exchangers
Kvakomat

Kvakomat

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Overview

Kvakomat provides crypto ATMs in Central Europe where individuals buy and sell cryptocurrency for cash. The network is linked to KvaPay and operated by Ilavo Group, a.s., and it is placed in Slovakia, Czechia and Poland.

What it offers Users exchange cash for crypto and the other way round. Supported assets are BTC, ETH, LTC and USDC, and the only payment method is cash. According to the company, an average exchange takes about five minutes, although the actual time depends on blockchain confirmations.

Fees The website discloses an average fee of 7 percent, and the exact fee is published on the profile of each ATM, so the rate for a given machine should be read before the transaction.

Licensing and support Ilavo Group, a.s. states that it holds a MiCA crypto-asset service licence supervised by the Czech National Bank. The site also describes identification procedures and a channel for complaints about operations. Support is available on weekdays from 09:00 to 17:00.

Who it suits The service fits private users who prefer to pay in cash and are comfortable with an ATM fee model rather than exchange-style pricing.

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Geography · 3

CzechiaPolandSlovakia

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