Are there any fees associated with buying bitcoin at an ATM?

3 answers

• Nov 25, 2021 · 3 years ago
  Yes, there are usually fees associated with buying bitcoin at an ATM. These fees can vary depending on the specific ATM and the provider. Some ATMs charge a flat fee, while others charge a percentage of the transaction amount. It's important to check the fees before making a purchase to avoid any surprises. Additionally, keep in mind that the exchange rate offered at the ATM may not be the most favorable compared to other methods of buying bitcoin.
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• Nov 25, 2021 · 3 years ago
  Absolutely! When you buy bitcoin at an ATM, you can expect to pay fees. These fees are typically charged by the ATM operator and can vary from one machine to another. Some ATMs charge a fixed fee, while others charge a percentage of the transaction amount. It's always a good idea to check the fee structure before using an ATM to buy bitcoin, so you know exactly what you'll be paying. Remember, these fees are in addition to any fees that may be charged by your wallet or exchange when you transfer the purchased bitcoin.
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• Nov 25, 2021 · 3 years ago
  Yes, there are fees associated with buying bitcoin at an ATM. The fees can vary depending on the specific ATM and the operator. Some ATMs charge a flat fee, while others charge a percentage of the transaction amount. It's important to note that these fees can be higher compared to buying bitcoin through other methods, such as online exchanges. However, using an ATM can offer convenience and privacy, which may outweigh the higher fees for some individuals. Make sure to check the fee structure of the ATM you plan to use before making a purchase.
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