How much money do I need to buy digital currencies at ATMs?

3 answers

• Dec 17, 2021 · 3 years ago
  To buy digital currencies at ATMs, the amount of money you need will depend on the specific cryptocurrency you want to purchase and its current market price. Cryptocurrencies like Bitcoin, Ethereum, and Litecoin are often available for purchase at ATMs. The price of these cryptocurrencies can vary greatly, so it's important to check the current market price before making a purchase. Additionally, ATMs may have different minimum purchase requirements, so it's advisable to check the specific ATM's terms and conditions. Overall, it's recommended to have a sufficient amount of funds to cover the desired purchase.
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• Dec 17, 2021 · 3 years ago
  Buying digital currencies at ATMs is a convenient way to enter the cryptocurrency market. The amount of money you need will depend on the cryptocurrency you want to buy and its current price. For example, if you want to buy Bitcoin, which is currently priced at around $50,000, you will need at least that amount to make a purchase. However, if you're interested in buying smaller cryptocurrencies, you may need less money. It's important to keep in mind that ATMs may charge additional fees for transactions, so it's advisable to factor in those costs as well.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, one of the leading digital currency exchanges, we recommend having a minimum of $100 to $200 to buy digital currencies at ATMs. This amount should cover the transaction fees and provide you with a reasonable amount of cryptocurrency. However, it's important to note that the required amount may vary depending on the specific ATM and the cryptocurrency you want to purchase. It's always a good idea to check the current market price and any additional fees before making a purchase.
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