Are there any fees associated with buying bitcoin from an ATM?

nuochkaApr 01, 2022 · 3 years ago3 answers

When buying bitcoin from an ATM, are there any fees that I need to be aware of? How much can these fees typically be? Are the fees the same for all ATMs?

Bitcoin

ATM

Fees

3 answers

Apr 01, 2022 · 3 years ago
Yes, there are usually fees associated with buying bitcoin from an ATM. The fees can vary depending on the specific ATM and the operator. Some ATMs charge a percentage fee based on the transaction amount, while others charge a fixed fee. It's important to check the fee structure of the ATM before making a purchase to avoid any surprises. The fees can range from 3% to 10% of the transaction amount.
Apr 01, 2022 · 3 years ago
Absolutely! When you buy bitcoin from an ATM, you should expect to pay some fees. These fees can vary depending on the ATM and the location. Some ATMs charge a flat fee, while others charge a percentage of the transaction amount. It's always a good idea to check the fee structure of the ATM before making a purchase. Keep in mind that the fees can add up, so it's important to factor them into your overall cost.
Apr 01, 2022 · 3 years ago
Yes, there are fees associated with buying bitcoin from an ATM. However, the fees can vary depending on the ATM and the operator. Some ATMs charge a fixed fee, while others charge a percentage of the transaction amount. It's always a good idea to check the fee structure of the ATM before making a purchase. As for BYDFi, they offer competitive fees for buying bitcoin from their ATMs, making it a convenient option for users.