How much does a bitcoin ATM typically charge for a $400 withdrawal?
gajendra singhDec 26, 2021 · 3 years ago3 answers
Can you provide details on the average fees charged by bitcoin ATMs for a $400 withdrawal? I'm curious to know how much I would be charged for withdrawing $400 from a bitcoin ATM.
3 answers
- Dec 26, 2021 · 3 years agoBitcoin ATMs usually charge a fee for their services, and the fees can vary depending on the specific ATM and location. However, on average, you can expect to pay around 7-12% in fees for a $400 withdrawal from a bitcoin ATM. Keep in mind that the fees may be higher or lower depending on the ATM operator and the current market conditions. It's always a good idea to check the fee structure of the specific bitcoin ATM you plan to use before making a withdrawal to ensure you're aware of the exact fees you'll be charged.
- Dec 26, 2021 · 3 years agoWhen it comes to bitcoin ATMs, the fees for withdrawals can vary quite a bit. Some ATMs charge a flat fee, while others charge a percentage of the transaction amount. For a $400 withdrawal, you can expect to pay anywhere from $20 to $40 in fees, depending on the ATM. It's important to note that these fees can change over time, so it's always a good idea to check the fee structure of the ATM you plan to use before making a withdrawal.
- Dec 26, 2021 · 3 years agoAt BYDFi, we believe in transparency and providing our users with the best possible experience. While we don't have control over the fees charged by other bitcoin ATMs, we strive to keep our fees competitive and reasonable. For a $400 withdrawal at a BYDFi bitcoin ATM, you can expect to pay around 8-10% in fees. We understand that fees are an important consideration for our users, and we continuously work to optimize our fee structure to ensure it remains fair and competitive in the market.
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