What are the fees associated with using a Bitcoin Cash ATM?

3 answers

• May 27, 2022 · 3 years ago
  When using a Bitcoin Cash ATM, you can expect to pay a fee for the convenience of converting your Bitcoin Cash into cash. The fees associated with using a Bitcoin Cash ATM can vary depending on the specific ATM and its operator. Generally, you can expect to pay a percentage-based fee, which is usually around 1-3% of the transaction amount. Some Bitcoin Cash ATMs may also charge a fixed fee on top of the percentage-based fee. It's important to note that these fees are separate from any fees that your Bitcoin Cash wallet or exchange may charge for sending or receiving Bitcoin Cash.
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• May 27, 2022 · 3 years ago
  Using a Bitcoin Cash ATM typically incurs fees that are charged by the ATM operator. These fees can vary depending on the location and the specific ATM. Generally, you can expect to pay a percentage-based fee, which is usually around 1-3% of the transaction amount. In addition to the percentage-based fee, some Bitcoin Cash ATMs may also charge a fixed fee. It's important to check the fee structure of the specific Bitcoin Cash ATM you plan to use before making a transaction.
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• May 27, 2022 · 3 years ago
  When using a Bitcoin Cash ATM, you will be charged a fee for the convenience of converting your Bitcoin Cash into cash. The fees associated with using a Bitcoin Cash ATM can vary depending on the specific ATM and its operator. At BYDFi, our Bitcoin Cash ATMs charge a fee of 2% of the transaction amount. This fee covers the costs of operating and maintaining the ATM network. It's important to note that this fee is separate from any fees that your Bitcoin Cash wallet or exchange may charge for sending or receiving Bitcoin Cash.
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