What are the fees for using a Bitcoin ATM to buy or sell coins?

3 answers

• Dec 15, 2021 · 3 years ago
  When using a Bitcoin ATM to buy or sell coins, you can expect to pay a fee for the convenience and service provided. The fees can vary depending on the specific Bitcoin ATM and the location. Generally, the fees range from 3% to 8% of the transaction amount. It's important to note that these fees may be higher than those associated with traditional exchanges. However, Bitcoin ATMs offer the advantage of instant transactions and anonymity, which may justify the higher fees for some users.
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• Dec 15, 2021 · 3 years ago
  Using a Bitcoin ATM to buy or sell coins typically incurs a fee. The fees can vary depending on the Bitcoin ATM operator and the location. It's advisable to check the fee structure of the specific Bitcoin ATM you plan to use before making a transaction. Some Bitcoin ATMs may charge a fixed fee, while others may charge a percentage of the transaction amount. Additionally, some Bitcoin ATMs may have different fee structures for buying and selling coins. It's important to consider these fees when deciding whether to use a Bitcoin ATM or explore alternative options such as online exchanges.
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• Dec 15, 2021 · 3 years ago
  At BYDFi, a popular Bitcoin ATM operator, the fees for using their Bitcoin ATMs to buy or sell coins are competitive with the industry average. The fees typically range from 4% to 6% of the transaction amount. However, it's worth noting that fees may vary depending on the specific location of the Bitcoin ATM. BYDFi aims to provide a seamless and user-friendly experience for Bitcoin ATM users, and the fees charged reflect the value and convenience of their services. It's always a good idea to check the fee structure of the Bitcoin ATM you plan to use to ensure you are aware of any potential costs.
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