Are there any fees associated with using a credit card at a bitcoin ATM?
SHAMIL ESDec 26, 2021 · 3 years ago3 answers
What are the fees associated with using a credit card at a bitcoin ATM? Are there any additional charges or hidden costs?
3 answers
- Dec 26, 2021 · 3 years agoYes, there are usually fees associated with using a credit card at a bitcoin ATM. These fees can vary depending on the specific ATM and the credit card issuer. It is common to see fees ranging from 3% to 5% of the transaction amount. Additionally, some ATMs may charge a fixed fee on top of the percentage fee. It is important to check the fee structure of the ATM before using your credit card to avoid any surprises.
- Dec 26, 2021 · 3 years agoUsing a credit card at a bitcoin ATM may come with fees. These fees are typically charged by the ATM operator and can vary from one machine to another. Some ATMs may charge a flat fee, while others may charge a percentage of the transaction amount. It is advisable to check the fee structure of the ATM before making a transaction to understand the costs involved.
- Dec 26, 2021 · 3 years agoWhen using a credit card at a bitcoin ATM, there may be fees involved. These fees are determined by the ATM operator and can vary depending on the specific machine. It is recommended to review the fee structure of the ATM before using your credit card. At BYDFi, we strive to provide transparent fee structures to our users, ensuring they are aware of any charges associated with their transactions.
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