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How much does it cost to buy Bitcoin at ATMs?

avatarJumpGoodSa123Dec 27, 2021 · 3 years ago3 answers

Can you provide an estimate of the cost to buy Bitcoin at ATMs? I'm interested in knowing the average fees involved and if there are any additional charges. Also, do different ATMs charge different fees?

How much does it cost to buy Bitcoin at ATMs?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The cost to buy Bitcoin at ATMs can vary depending on several factors. On average, you can expect to pay a fee ranging from 3% to 8% of the transaction amount. However, it's important to note that fees can vary between different ATMs and operators. Some ATMs may charge higher fees due to their location or convenience. Additionally, there might be additional charges such as network fees or miner fees, which are associated with the Bitcoin network. It's always a good idea to check the fees and charges before using a specific ATM to buy Bitcoin.
  • avatarDec 27, 2021 · 3 years ago
    Buying Bitcoin at ATMs can come with some costs. The fees can range from 3% to 8% of the transaction amount, depending on the ATM operator and location. It's worth noting that these fees can be higher than buying Bitcoin on a cryptocurrency exchange. Additionally, there might be additional charges such as network fees or miner fees. It's recommended to compare the fees and charges of different ATMs before making a purchase.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to buying Bitcoin at ATMs, the cost can vary. On average, you can expect to pay a fee ranging from 3% to 8% of the transaction amount. However, it's important to note that different ATMs may charge different fees. Some ATMs might have lower fees, while others might have higher fees. It's always a good idea to check the fees and charges of the specific ATM you plan to use. Additionally, keep in mind that there might be additional charges such as network fees or miner fees, which are associated with the Bitcoin network.