What is the usual fee for using a bitcoin ATM to withdraw $500?
Steen GravgaardDec 26, 2021 · 3 years ago3 answers
I would like to know the typical fee charged when using a bitcoin ATM to withdraw $500. Can you provide me with some information on the average fees associated with bitcoin ATMs?
3 answers
- Dec 26, 2021 · 3 years agoWhen using a bitcoin ATM to withdraw $500, the usual fee can vary depending on the specific ATM and location. On average, the fee can range from 3% to 8% of the transaction amount. Some ATMs may charge a fixed fee, while others may charge a percentage-based fee. It's important to check the fee structure of the specific bitcoin ATM you plan to use before making a withdrawal.
- Dec 26, 2021 · 3 years agoThe fee for using a bitcoin ATM to withdraw $500 can be influenced by factors such as the ATM operator, location, and demand. In general, you can expect to pay a fee ranging from 3% to 8% of the transaction amount. It's always a good idea to compare the fees of different bitcoin ATMs in your area to find the most cost-effective option.
- Dec 26, 2021 · 3 years agoWhen it comes to using a bitcoin ATM to withdraw $500, the usual fee can vary. At BYDFi, one of the leading bitcoin ATMs, the fee for a $500 withdrawal is typically around 5%. However, it's worth noting that fees can differ between different bitcoin ATMs and locations. It's recommended to check the fee structure of the specific ATM you plan to use to get the most accurate information.
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