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What is the average cost of purchasing digital currency at an ATM?

avatarGrimes SchultzDec 30, 2021 · 3 years ago3 answers

I would like to know the average cost of purchasing digital currency at an ATM. Can you provide me with some information on the fees and charges associated with buying digital currency at an ATM? How does the cost compare to buying digital currency on an exchange platform?

What is the average cost of purchasing digital currency at an ATM?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    The average cost of purchasing digital currency at an ATM can vary depending on the specific ATM and the type of digital currency you are buying. Generally, ATMs charge a fee for their services, which can range from 3% to 8% of the transaction amount. Additionally, some ATMs may have additional charges, such as network fees or processing fees. It's important to check the fees and charges associated with the specific ATM before making a purchase. Compared to buying digital currency on an exchange platform, purchasing at an ATM can be more expensive due to the convenience and accessibility it offers.
  • avatarDec 30, 2021 · 3 years ago
    Buying digital currency at an ATM can be a convenient way to get your hands on some crypto, but it's important to be aware of the costs involved. The average cost of purchasing digital currency at an ATM usually includes a transaction fee, which can range from 3% to 8% of the total amount. Some ATMs may also charge additional fees, such as network fees or processing fees. It's always a good idea to check the fees and charges before using an ATM to buy digital currency. If you're looking for a more cost-effective option, buying digital currency on an exchange platform may be a better choice.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to purchasing digital currency at an ATM, the average cost can vary depending on the ATM operator and the specific digital currency you are buying. Some ATMs charge a flat fee, while others charge a percentage of the transaction amount. Additionally, there may be network fees or processing fees associated with the transaction. It's important to do your research and compare the fees and charges of different ATMs before making a purchase. At BYDFi, we offer competitive rates for buying digital currency at our ATMs, ensuring that you get the best value for your money.