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Are there any fees associated with using a bitcoin withdrawal ATM?

avatarTamzaiti MohamedDec 30, 2021 · 3 years ago3 answers

I'm interested in using a bitcoin withdrawal ATM, but I'm wondering if there are any fees associated with it. Can you please provide more information about the fees that may be charged when using a bitcoin withdrawal ATM?

Are there any fees associated with using a bitcoin withdrawal ATM?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, there are usually fees associated with using a bitcoin withdrawal ATM. The fees can vary depending on the specific ATM and the location. Some ATMs charge a flat fee for each transaction, while others charge a percentage of the amount withdrawn. It's important to check the fee structure of the ATM before using it to avoid any surprises.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! Just like any other service, bitcoin withdrawal ATMs charge fees for their convenience. These fees can range from a few dollars to a percentage of the transaction amount. It's always a good idea to check the fee schedule of the ATM you plan to use before making a withdrawal.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with using a bitcoin withdrawal ATM. However, at BYDFi, we strive to provide our users with the lowest fees possible. Our ATMs charge a flat fee of $3 per transaction, regardless of the amount withdrawn. This makes it more affordable for our users to access their bitcoin quickly and conveniently.