Do bitcoin ATMs charge higher fees compared to traditional ATMs?

1 answers

• Dec 17, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that bitcoin ATMs generally charge higher fees compared to traditional ATMs. This is because bitcoin ATMs operate in a decentralized and relatively new market, which involves higher risks and costs. The fees charged by bitcoin ATMs are used to cover the expenses associated with operating and maintaining the machines, as well as complying with regulatory requirements. While the fees may seem higher, it's important to consider the added convenience and accessibility that bitcoin ATMs provide for users who want to buy or sell bitcoin in physical locations.
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