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Are there any fees associated with using Coinsource Bitcoin ATMs and is there a limit on daily transactions?

avatarkai-squareDec 16, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when using Coinsource Bitcoin ATMs? Is there also a limit on the number of transactions I can make in a day?

Are there any fees associated with using Coinsource Bitcoin ATMs and is there a limit on daily transactions?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with using Coinsource Bitcoin ATMs. The fees vary depending on the location and the type of transaction you are making. Generally, the fees range from 7% to 10% of the transaction amount. It's important to note that these fees are subject to change and it's recommended to check the fees before making a transaction. As for the daily transaction limit, it also varies depending on the specific ATM. Some ATMs may have a limit of $5,000 per day, while others may have a higher or lower limit. It's best to check the specific ATM's limit before making multiple transactions in a day.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When you use Coinsource Bitcoin ATMs, there are fees involved. These fees cover the costs of operating the ATMs and providing the service to users. The exact fee amount can vary depending on the location and the type of transaction you are making. It's always a good idea to check the fees displayed on the ATM screen before proceeding with your transaction. In terms of daily transactions, there might be a limit set by the ATM operator. This limit can vary from one ATM to another, so it's important to be aware of any restrictions before making multiple transactions in a day.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with using Coinsource Bitcoin ATMs. The fees are typically displayed on the ATM screen before you confirm your transaction. The exact fee amount can vary depending on the location and the type of transaction you are making. It's important to note that these fees are subject to change, so it's a good idea to check the current fees before using the ATM. As for the daily transaction limit, it depends on the specific ATM. Some ATMs may have a limit of $5,000 per day, while others may have a higher or lower limit. It's best to check the limit displayed on the ATM screen or contact Coinsource customer support for more information.