How much do bitcoin ATMs charge as a fee?
Cline GodfreyJan 16, 2022 · 3 years ago3 answers
Can you please provide more information on the fees charged by bitcoin ATMs? I'm interested in knowing the average fee range and if there are any factors that can affect the fee amount.
3 answers
- Jan 16, 2022 · 3 years agoBitcoin ATMs typically charge a fee for their services. The fee can vary depending on several factors such as the location of the ATM, the type of transaction (buying or selling), and the amount of bitcoin being transacted. On average, the fee can range from 3% to 8% of the transaction amount. Some ATMs may charge a fixed fee instead of a percentage. It's important to note that fees can change over time, so it's always a good idea to check the fee schedule of the specific ATM you plan to use.
- Jan 16, 2022 · 3 years agoWhen it comes to bitcoin ATMs, fees are an important consideration. The fee amount can vary depending on the ATM operator and the location. Some ATMs charge a percentage fee based on the transaction amount, while others may charge a fixed fee. It's also worth noting that fees can be higher for smaller transactions and lower for larger ones. Additionally, some ATMs may have additional fees for certain services, such as converting bitcoin to cash. To find out the exact fee amount, it's best to check the fee schedule of the specific ATM you're planning to use.
- Jan 16, 2022 · 3 years agoBitcoin ATMs charge fees for their services, and the fee amount can vary depending on the ATM operator and location. At BYDFi, our bitcoin ATMs charge a fee of 5% for buying bitcoin and 3% for selling bitcoin. These fees are competitive with other ATMs in the market. It's important to note that fees can change over time, so it's always a good idea to check the fee schedule of the specific ATM you plan to use. If you're looking for a convenient and reliable bitcoin ATM, consider using BYDFi's services.
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