What are the average bitcoin ATM fees?

3 answers

• Dec 27, 2021 · 3 years ago
  The average fees charged by bitcoin ATMs can vary depending on several factors. These factors include the location of the ATM, the type of transaction (buying or selling), the amount of bitcoin being transacted, and the specific bitcoin ATM operator. Generally, the fees range from 3% to 8% of the transaction amount. It's important to note that bitcoin ATMs often charge higher fees compared to traditional online exchanges. It's advisable to check the fees of different bitcoin ATMs in your area before making a transaction to ensure you are getting the best deal.
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• Dec 27, 2021 · 3 years ago
  Bitcoin ATM fees can be quite high compared to other methods of buying or selling bitcoin. The convenience and privacy offered by bitcoin ATMs come at a cost. Some bitcoin ATMs charge a flat fee, while others charge a percentage of the transaction amount. Additionally, some bitcoin ATMs may have additional fees for certain services, such as printing paper wallets or providing customer support. It's recommended to do your research and compare the fees of different bitcoin ATMs before using one to ensure you are comfortable with the cost.
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• Dec 27, 2021 · 3 years ago
  According to a recent study, the average fee charged by bitcoin ATMs is around 7%. However, it's important to note that this average can vary significantly depending on the location and operator of the bitcoin ATM. Some bitcoin ATMs may charge higher fees, while others may offer lower fees or even fee-free transactions. It's always a good idea to check the fees of the specific bitcoin ATM you plan to use before making a transaction to avoid any surprises.
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