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What are the fees for using a bitcoin ATM in Portland?

avatarReimer VelasquezDec 26, 2021 · 3 years ago3 answers

I'm planning to use a bitcoin ATM in Portland, but I'm not sure about the fees. Can you please provide me with information on the fees for using a bitcoin ATM in Portland?

What are the fees for using a bitcoin ATM in Portland?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Using a bitcoin ATM in Portland usually incurs fees ranging from 5% to 10% of the transaction amount. These fees cover the costs of operating the ATM and providing the convenience of buying or selling bitcoin in person. It's important to note that fees may vary between different bitcoin ATMs in Portland, so it's recommended to check the fees before making a transaction.
  • avatarDec 26, 2021 · 3 years ago
    When using a bitcoin ATM in Portland, you can expect to pay fees that are typically higher than those of online exchanges. This is because bitcoin ATMs provide the convenience of instant transactions and the ability to buy or sell bitcoin with cash. The fees charged by bitcoin ATMs in Portland are used to cover the costs of maintaining and operating the machines, as well as the risk associated with handling cash transactions.
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, a popular digital currency exchange, the fees for using a bitcoin ATM in Portland can vary depending on the specific ATM you use. It's recommended to check the fees displayed on the ATM screen before making a transaction. Keep in mind that fees may also be subject to change, so it's a good idea to stay updated with the latest fee information.