What are the fees associated with using a Liberty Bitcoin ATM?

3 answers

• Nov 24, 2021 · 3 years ago
  When using a Liberty Bitcoin ATM, there are fees associated with different types of transactions. The fees vary depending on the specific ATM and the type of transaction you are performing. Generally, you can expect to pay a fee for buying or selling Bitcoin at the ATM. The fee is usually a percentage of the transaction amount and can range from 3% to 8%. Additionally, some ATMs may charge an additional fixed fee on top of the percentage fee. It's important to note that these fees are set by the operator of the ATM, not by Liberty Bitcoin. To find out the exact fees for a specific Liberty Bitcoin ATM, you can check the machine itself or visit the Liberty Bitcoin website for more information.
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• Nov 24, 2021 · 3 years ago
  Using a Liberty Bitcoin ATM incurs fees for the convenience and accessibility it provides. The fees cover the costs of operating and maintaining the ATM network, as well as the technology and infrastructure required to securely process Bitcoin transactions. While the fees may seem high compared to online exchanges, they offer the advantage of instant transactions and the ability to buy or sell Bitcoin in person. It's important to consider the fees as part of the overall cost when using a Liberty Bitcoin ATM and compare them to other options available to you.
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• Nov 24, 2021 · 3 years ago
  As a representative of BYDFi, I can provide some insights into the fees associated with using a Liberty Bitcoin ATM. The fees charged by Liberty Bitcoin ATMs are typically competitive with other Bitcoin ATMs in the market. They are designed to cover the costs of operating and maintaining the ATMs, as well as providing a reliable and secure service to users. The fees may vary depending on the location and specific ATM, so it's always a good idea to check the fees displayed on the machine or on the Liberty Bitcoin website before using the ATM. Keep in mind that the fees are subject to change, so it's a good practice to stay updated with the latest fee information.
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