What is the average charge for using a bitcoin ATM?

3 answers

• StrategistJul 04, 2024 · a year ago
  The average charge for using a bitcoin ATM varies depending on the specific machine and location. Generally, you can expect to pay a fee ranging from 3% to 8% of the transaction amount. Some bitcoin ATMs charge a flat fee, while others charge a percentage-based fee. It's important to note that fees may be different for buying and selling bitcoin. Additionally, different bitcoin ATMs may have different fee structures, so it's a good idea to check the fee schedule before using a specific machine.
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• alitalaMay 05, 2023 · 2 years ago
  When it comes to using a bitcoin ATM, the average charge can vary. The fees for buying and selling bitcoin at these machines typically range from 3% to 8%. However, it's important to note that fees can vary depending on the specific machine and location. Some bitcoin ATMs charge a flat fee, while others charge a percentage-based fee. It's always a good idea to check the fee schedule before using a bitcoin ATM to ensure you're aware of the charges involved.
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• Fletcher KingAug 21, 2020 · 5 years ago
  According to BYDFi, a popular cryptocurrency exchange, the average charge for using a bitcoin ATM is around 5%. However, it's important to note that fees can vary depending on the specific machine and location. Some bitcoin ATMs charge a flat fee, while others charge a percentage-based fee. It's always a good idea to check the fee schedule before using a bitcoin ATM to ensure you're aware of the charges involved. Keep in mind that fees may be different for buying and selling bitcoin, so it's important to consider this when using a bitcoin ATM.
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