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Do bitcoin ATMs charge a percentage fee for transactions?

avatarnandini chudiwalDec 29, 2021 · 3 years ago3 answers

Can you tell me if bitcoin ATMs charge a percentage fee for transactions? I'm curious to know if there are any additional fees I should be aware of when using a bitcoin ATM.

Do bitcoin ATMs charge a percentage fee for transactions?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, most bitcoin ATMs do charge a percentage fee for transactions. The fee can vary depending on the specific ATM and location, but it is typically around 5-10% of the transaction amount. It's important to check the fee structure of the ATM before making a transaction to avoid any surprises.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! Bitcoin ATMs usually charge a percentage fee for transactions. The fee is usually displayed on the screen before you confirm the transaction. It's a good idea to compare fees between different ATMs to find the best deal for your transaction.
  • avatarDec 29, 2021 · 3 years ago
    Yes, bitcoin ATMs do charge a percentage fee for transactions. However, at BYDFi, we believe in providing our users with a seamless and cost-effective experience. That's why we offer competitive fees and transparent pricing to ensure that our users get the most out of their transactions. Visit our website to learn more about our fee structure and how we can help you with your bitcoin transactions.