How much does a bitcoin ATM typically charge for a $3000 withdrawal?
Anish MitkariDec 27, 2021 · 3 years ago3 answers
Can you provide information on the average fees charged by bitcoin ATMs for a $3000 withdrawal? I would like to know the typical charges involved in withdrawing such a large amount of money from a bitcoin ATM.
3 answers
- Dec 27, 2021 · 3 years agoBitcoin ATMs usually charge a percentage-based fee for withdrawals. The average fee for a $3000 withdrawal can range from 5% to 10% of the total amount. However, it's important to note that fees can vary depending on the specific bitcoin ATM operator and location. Some ATMs may charge higher fees, while others may offer lower rates. It's always a good idea to check the fee structure of the bitcoin ATM before making a withdrawal to ensure you are aware of the charges involved.
- Dec 27, 2021 · 3 years agoWhen it comes to withdrawing $3000 from a bitcoin ATM, you can expect to pay a fee that is typically a percentage of the total amount. The exact fee can vary depending on the specific ATM you use, but it is common for fees to range from 5% to 10%. Keep in mind that these fees can add up, so it's important to factor them into your withdrawal decision. Additionally, some ATMs may have a minimum fee requirement, so be sure to check the fee structure of the ATM you plan to use.
- Dec 27, 2021 · 3 years agoAs a representative of BYDFi, I can provide some insights into the fees charged by bitcoin ATMs for a $3000 withdrawal. On average, bitcoin ATMs charge a fee of around 7% for a $3000 withdrawal. However, it's important to note that fees can vary depending on the specific bitcoin ATM operator and location. Some ATMs may charge higher fees, while others may offer lower rates. It's always a good idea to check the fee structure of the bitcoin ATM before making a withdrawal to ensure you are aware of the charges involved.
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