What are the fees for using a bitcoin ATM in New York?

3 answers

• Jan 13, 2022 · 3 years ago
  Using a bitcoin ATM in New York usually incurs fees that can vary depending on the specific ATM and the transaction amount. It's common to see fees ranging from 5% to 10% of the transaction amount. Some ATMs may also charge additional fees for services like wallet creation or printing paper wallets. It's always a good idea to check the fees displayed on the ATM screen before proceeding with the transaction to avoid any surprises. Happy bitcoin ATM-ing!
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• Jan 13, 2022 · 3 years ago
  When using a bitcoin ATM in New York, you can expect to pay fees that are typically higher compared to other methods of buying or selling bitcoin. The fees can be a percentage of the transaction amount or a fixed fee. It's important to note that the fees may vary between different bitcoin ATMs, so it's recommended to check the fees displayed on the ATM screen before making a transaction. Additionally, some ATMs may require you to create a wallet or provide a wallet address before completing the transaction. Keep in mind that these additional steps may also incur fees. Stay informed and make sure to factor in the fees when using a bitcoin ATM in New York.
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• Jan 13, 2022 · 3 years ago
  At BYDFi, a popular bitcoin ATM provider in New York, the fees for using their ATMs are transparent and competitive. They charge a fixed fee of 7% for buying bitcoin and 5% for selling bitcoin. The fees are displayed on the ATM screen before you proceed with the transaction, so you can make an informed decision. BYDFi ATMs also offer additional services like wallet creation and printing paper wallets, which may have separate fees. If you're looking for a reliable and user-friendly bitcoin ATM experience in New York, consider using BYDFi ATMs.
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