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What are the fees associated with using Tom Thumb ATMs for buying or selling cryptocurrencies?

avatarTeja mudhirajDec 16, 2021 · 3 years ago3 answers

Can you provide details about the fees charged when using Tom Thumb ATMs for buying or selling cryptocurrencies? How much are the fees and are they different for buying and selling? Are there any additional charges or hidden fees to be aware of?

What are the fees associated with using Tom Thumb ATMs for buying or selling cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When using Tom Thumb ATMs for buying or selling cryptocurrencies, there are fees involved. The exact amount of fees can vary depending on the specific ATM and the cryptocurrency being transacted. Generally, the fees range from 2% to 5% of the transaction amount. It's important to note that these fees can be higher than those charged by online exchanges. Additionally, there may be additional charges such as network fees or miner fees, especially for certain cryptocurrencies with high transaction volumes. It's recommended to check the fees and charges associated with each specific Tom Thumb ATM before making a transaction.
  • avatarDec 16, 2021 · 3 years ago
    The fees associated with using Tom Thumb ATMs for buying or selling cryptocurrencies can vary. It's advisable to check the fees displayed on the ATM screen before proceeding with the transaction. In general, the fees can range from 2% to 5% of the transaction amount. However, it's worth noting that these fees may be subject to change and can differ depending on the specific ATM location. It's always a good idea to review the fee structure and compare it with other options available to ensure you are getting the best deal.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we don't have specific information about the fees associated with using Tom Thumb ATMs for buying or selling cryptocurrencies. However, it's important to note that fees can vary depending on the ATM and the cryptocurrency being transacted. It's recommended to check the fees displayed on the ATM screen before making a transaction. Additionally, it's always a good idea to compare the fees with other options available, such as online exchanges, to ensure you are getting the most favorable rates and terms.