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What are the ATM fees for buying and selling cryptocurrencies in Germany?

avatarIsles2024Dec 24, 2021 · 3 years ago3 answers

Can you provide information on the fees associated with buying and selling cryptocurrencies through ATMs in Germany? I am interested in knowing the costs involved before using this method.

What are the ATM fees for buying and selling cryptocurrencies in Germany?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! When it comes to buying and selling cryptocurrencies through ATMs in Germany, the fees can vary depending on the specific ATM and the cryptocurrency you are transacting with. Generally, you can expect to pay a fee ranging from 3% to 8% of the transaction amount. It's important to note that these fees can be higher than those charged by online exchanges, but ATMs offer the convenience of instant transactions and anonymity. Make sure to check the fee structure of the ATM you plan to use before making any transactions to avoid any surprises.
  • avatarDec 24, 2021 · 3 years ago
    Well, the ATM fees for buying and selling cryptocurrencies in Germany can be a bit steep. You might have to shell out anywhere between 3% to 8% of the transaction amount as fees. It's definitely on the higher side compared to online exchanges, but if you value the convenience and privacy that ATMs offer, it might be worth it. Just make sure to do your research and find an ATM with reasonable fees before making any transactions.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, provides a comprehensive list of ATM fees for buying and selling cryptocurrencies in Germany. According to their data, the fees can range from 3% to 8% of the transaction amount. It's important to note that these fees can vary depending on the specific ATM and the cryptocurrency you are transacting with. Keep in mind that while ATMs offer convenience and privacy, the fees can be higher compared to online exchanges. Make sure to check the fee structure of the ATM you plan to use before making any transactions.