What is the average fee charged by a bitcoin ATM machine?

3 answers

• Dec 17, 2021 · 3 years ago
  The average fee charged by a bitcoin ATM machine can vary depending on several factors. In general, the fees range from 3% to 8% of the transaction amount. However, it's important to note that these fees are not fixed and can vary from one machine to another. Some bitcoin ATMs may charge higher fees due to their location or the convenience they offer. It's always a good idea to check the fee structure of the bitcoin ATM machine before using it to ensure you are aware of the charges involved.
  496248
• Dec 17, 2021 · 3 years ago
  When it comes to the average fee charged by a bitcoin ATM machine, it's important to understand that the fees can vary depending on the specific machine and its location. Some bitcoin ATMs may charge a flat fee, while others may charge a percentage of the transaction amount. Additionally, certain bitcoin ATMs may have higher fees due to their operating costs or the convenience they provide. It's recommended to compare the fees of different bitcoin ATMs in your area to find the most cost-effective option for your needs.
  524175
• Dec 17, 2021 · 3 years ago
  According to BYDFi, a popular digital currency exchange, the average fee charged by a bitcoin ATM machine is around 5% of the transaction amount. However, it's worth noting that this fee can vary depending on the location and the specific machine. Some bitcoin ATMs may charge higher fees, especially if they are located in high-traffic areas or offer additional services. It's always a good idea to check the fee structure of the bitcoin ATM machine before making a transaction to ensure you are aware of the costs involved.
  525132