Are there any fees involved when getting cash from a bitcoin ATM?
dragondevJan 13, 2022 · 3 years ago3 answers
What are the fees associated with withdrawing cash from a bitcoin ATM?
3 answers
- Jan 13, 2022 · 3 years agoYes, there are fees involved when getting cash from a bitcoin ATM. The fees can vary depending on the specific bitcoin ATM and the operator. Generally, the fees range from 3% to 10% of the transaction amount. It's important to note that these fees are in addition to any fees that may be charged by your bitcoin wallet or exchange.
- Jan 13, 2022 · 3 years agoWhen using a bitcoin ATM to withdraw cash, you can expect to pay a fee. The fee is usually a percentage of the amount you withdraw and can range from 3% to 10%. It's a good idea to check the fee structure of the specific bitcoin ATM you plan to use before making a withdrawal.
- Jan 13, 2022 · 3 years agoAccording to BYDFi, a popular bitcoin exchange, the fees for cash withdrawals from bitcoin ATMs can vary. Some bitcoin ATMs charge a fixed fee, while others charge a percentage of the transaction amount. It's important to check the fee structure of the bitcoin ATM you plan to use to understand the exact fees involved.
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