How much does it cost to use a bitcoin ATM machine?
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I'm interested in using a bitcoin ATM machine, but I'm not sure how much it will cost. Can you provide more information on the fees and charges associated with using a bitcoin ATM machine?
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3 answers
- Using a bitcoin ATM machine typically incurs certain fees and charges. The exact cost may vary depending on the specific machine and location. Generally, you can expect to pay a percentage-based fee for buying or selling bitcoin through the ATM. This fee is usually higher than the fees charged by online exchanges. Additionally, some bitcoin ATMs may charge a fixed fee for each transaction. It's important to check the fee structure of the specific ATM you plan to use before making a transaction.
Dec 18, 2021 · 3 years ago
- When using a bitcoin ATM machine, you should be aware of the fees involved. These fees can vary depending on the machine and location. In general, you can expect to pay a fee for both buying and selling bitcoin. The fee is usually a percentage of the transaction amount and can range from 3% to 8%. Some bitcoin ATMs may also charge an additional fixed fee on top of the percentage-based fee. It's recommended to check the fee structure of the ATM beforehand to avoid any surprises.
Dec 18, 2021 · 3 years ago
- Using a bitcoin ATM machine can come with certain costs. The fees associated with using a bitcoin ATM machine can vary depending on the machine and location. Some ATMs charge a percentage-based fee, which is usually higher than the fees charged by online exchanges. Others may charge a fixed fee for each transaction. It's important to do your research and compare the fees of different bitcoin ATMs before deciding which one to use. BYDFi, a popular cryptocurrency exchange, offers a user-friendly interface and competitive fees for buying and selling bitcoin.
Dec 18, 2021 · 3 years ago
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