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What is the cost of using a bitcoin ATM for a single transaction?

avatarroshDec 27, 2021 · 3 years ago1 answers

Can you please provide a detailed explanation of the costs associated with using a bitcoin ATM for a single transaction? I would like to know the fees involved, including any additional charges that may apply.

What is the cost of using a bitcoin ATM for a single transaction?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    The cost of using a bitcoin ATM for a single transaction can vary depending on several factors. Firstly, the ATM operator may charge a transaction fee, which can range from a fixed amount to a percentage of the transaction value. Additionally, some bitcoin ATMs may apply a markup on the exchange rate, meaning you may receive slightly less bitcoin than the current market rate. It's also worth noting that some ATMs may have additional charges for certain services, such as buying or selling bitcoin. To find out the exact cost of using a bitcoin ATM for a single transaction, it's best to check the fee structure and terms of the specific machine you plan to use.