What are the fees for using Bitcoin ATMs in NYC?
Nisha WaghmareDec 17, 2021 · 3 years ago3 answers
I'm planning to use a Bitcoin ATM in NYC, but I'm not sure about the fees. Can anyone tell me what are the fees for using Bitcoin ATMs in NYC? I want to make sure I'm not charged too much for my transaction.
3 answers
- Dec 17, 2021 · 3 years agoUsing Bitcoin ATMs in NYC usually incurs fees, which can vary depending on the specific ATM and the transaction amount. On average, the fees range from 5% to 10% of the transaction value. It's important to note that these fees are higher compared to traditional exchanges, but Bitcoin ATMs offer convenience and privacy. Make sure to check the fee structure of the ATM you plan to use before making a transaction to avoid any surprises.
- Dec 17, 2021 · 3 years agoWhen using Bitcoin ATMs in NYC, you can expect to pay a fee for the convenience they provide. The fees can vary from one ATM to another, so it's a good idea to do some research beforehand. Some ATMs may charge a percentage fee based on the transaction amount, while others may have a fixed fee. Additionally, some ATMs may also charge additional fees for services like buying or selling Bitcoin. It's always a good idea to check the fee structure of the ATM you plan to use to avoid any unexpected costs.
- Dec 17, 2021 · 3 years agoBitcoin ATMs in NYC charge fees for their services. The fees can vary depending on the ATM operator and the location. Typically, you can expect to pay a fee ranging from 5% to 10% of the transaction amount. Some ATMs may have lower fees, while others may have higher fees. It's important to note that these fees are in addition to the exchange rate you'll get for your Bitcoin. If you're looking for the most cost-effective option, it's recommended to compare the fees of different ATMs in your area before making a transaction.
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