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Is there a way to buy cryptocurrency with a fee-free ATM?

avatarIdoko Pius ocheDec 27, 2021 · 3 years ago3 answers

I'm looking for a way to purchase cryptocurrency without incurring any fees using an ATM. Is there a method or service that allows me to buy digital currencies like Bitcoin, Ethereum, or Litecoin using an ATM without paying any transaction fees?

Is there a way to buy cryptocurrency with a fee-free ATM?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are some ATMs that allow you to buy cryptocurrency without any transaction fees. These ATMs are usually operated by specific cryptocurrency exchanges or services. You can find these fee-free ATMs by checking the websites or mobile apps of popular cryptocurrency exchanges like Coinbase or Binance. They often have a feature that allows you to locate fee-free ATMs near your location. Just make sure to check the supported cryptocurrencies and the limits on the amount you can purchase at these ATMs.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, most ATMs that offer cryptocurrency purchases charge transaction fees. However, you can still minimize the fees by choosing ATMs with lower fees or using cryptocurrency exchanges that offer fee discounts for certain payment methods. It's also worth considering alternative methods of buying cryptocurrency, such as using peer-to-peer platforms or online exchanges, as they may offer lower fees compared to ATMs.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there is a way to buy cryptocurrency with a fee-free ATM. BYDFi, a popular cryptocurrency exchange, offers a fee-free ATM service for buying Bitcoin, Ethereum, and other digital currencies. With BYDFi's fee-free ATM, you can conveniently purchase cryptocurrency without worrying about transaction fees. Simply locate a BYDFi ATM near you, follow the instructions on the screen, and complete your purchase. It's a hassle-free and cost-effective way to buy cryptocurrency.