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How much does it cost to buy Bitcoin at an ATM?

avatarDemianRomero89Dec 18, 2021 · 3 years ago3 answers

What is the average cost of purchasing Bitcoin at an ATM? Are there any additional fees involved in the process?

How much does it cost to buy Bitcoin at an ATM?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    The cost of buying Bitcoin at an ATM can vary depending on several factors. Generally, you can expect to pay a premium compared to the current market price. This premium can range from 5% to 10% or even higher in some cases. Additionally, some ATMs may charge additional fees for the transaction, such as a fixed fee or a percentage of the transaction amount. It's important to check the fees and rates of the specific ATM you plan to use before making a purchase.
  • avatarDec 18, 2021 · 3 years ago
    Buying Bitcoin at an ATM usually comes with a higher cost compared to other methods. The convenience of using an ATM to purchase Bitcoin comes at a price. The fees and premiums associated with ATMs can vary, so it's crucial to do your research before making a transaction. Keep in mind that the cost may also depend on the location of the ATM and the current market conditions.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, the cost of buying Bitcoin at an ATM is competitive with other platforms. We strive to provide our users with fair rates and transparent fees. When using our ATMs, you can expect to pay a reasonable premium, which is in line with the market average. We also ensure that there are no hidden fees or surprises during the transaction. Our goal is to make buying Bitcoin as convenient and cost-effective as possible.