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What are the fees for bitcoin ATM withdrawals?

avatarChaitanya Dadaji AhireDec 26, 2021 · 3 years ago3 answers

Can you please provide details on the fees associated with withdrawing bitcoin from an ATM?

What are the fees for bitcoin ATM withdrawals?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to bitcoin ATM withdrawals, the fees can vary depending on the specific ATM and the location. Generally, you can expect to pay a percentage fee on the amount you withdraw. Some ATMs may also charge additional fixed fees. It's best to check with the specific ATM operator or the website of the ATM provider to get accurate information on the fees before making a withdrawal.
  • avatarDec 26, 2021 · 3 years ago
    Bitcoin ATM fees can be quite high compared to traditional ATMs. The fees can range from 5% to 10% of the transaction amount. This is mainly due to the convenience and privacy that bitcoin ATMs offer. However, it's important to note that the fees may vary depending on the location and the ATM operator. It's always a good idea to compare the fees of different ATMs before making a withdrawal to ensure you're getting the best deal.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers bitcoin ATM withdrawals with competitive fees. The fees are transparent and can be found on their website. BYDFi aims to provide a seamless and cost-effective experience for its users, and their bitcoin ATM fees reflect that commitment. If you're looking for a reliable and affordable option for bitcoin ATM withdrawals, BYDFi is definitely worth considering.