Are there any fees associated with buying bitcoin from an ATM?
JimboDec 26, 2021 · 3 years ago3 answers
When buying bitcoin from an ATM, are there any fees that I need to be aware of? How much can these fees typically be? Are the fees the same for all ATMs?
3 answers
- Dec 26, 2021 · 3 years agoYes, there are usually fees associated with buying bitcoin from an ATM. The fees can vary depending on the specific ATM and the operator. Some ATMs charge a percentage fee based on the transaction amount, while others charge a fixed fee. It's important to check the fee structure of the ATM before making a purchase to avoid any surprises. The fees can range from 3% to 10% of the transaction amount.
- Dec 26, 2021 · 3 years agoAbsolutely! When you buy bitcoin from an ATM, you should expect to pay some fees. These fees can vary depending on the ATM and the location. Some ATMs charge a flat fee, while others charge a percentage of the transaction amount. It's always a good idea to check the fee structure of the ATM before making a purchase. Keep in mind that the fees can add up, so it's important to factor them into your overall cost.
- Dec 26, 2021 · 3 years agoYes, there are fees associated with buying bitcoin from an ATM. However, the fees can vary depending on the ATM and the operator. Some ATMs charge a fixed fee, while others charge a percentage of the transaction amount. It's always a good idea to check the fee structure of the ATM before making a purchase. As for BYDFi, they offer competitive fees for buying bitcoin from their ATMs, making it a convenient option for users.
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