What are the ATM fees for Bitcoin transactions in America?
Bengtson MedinaDec 29, 2021 · 3 years ago3 answers
I'm curious about the fees associated with Bitcoin transactions at ATMs in America. Can you provide some information on the fees charged for using Bitcoin ATMs in the United States?
3 answers
- Dec 29, 2021 · 3 years agoBitcoin ATM fees in America can vary depending on the specific machine and location. On average, you can expect to pay around 7-12% for buying Bitcoin and 3-8% for selling Bitcoin at an ATM. However, these fees can be higher or lower depending on the operator and the demand for Bitcoin in that area. It's always a good idea to check the fees before using a Bitcoin ATM to ensure you're getting the best deal.
- Dec 29, 2021 · 3 years agoWhen it comes to Bitcoin ATM fees in America, it's important to keep in mind that they can vary. Some ATMs charge a flat fee, while others charge a percentage of the transaction amount. Additionally, fees may also depend on the type of transaction (buying or selling) and the location of the ATM. It's recommended to check the fees and terms of use for the specific Bitcoin ATM you plan to use before making any transactions.
- Dec 29, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the average ATM fees for Bitcoin transactions in America range from 5-10%. However, it's worth noting that fees can vary depending on the operator and location. Some ATMs may charge higher fees due to factors such as maintenance costs and operational expenses. It's always a good idea to check the fees and compare them with other options before using a Bitcoin ATM.
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