Cryptocurrency Q&A
How much does Bitcoin ATM charge?
How much does Bitcoin ATM charge?
Valentina
Sun Jun 02 2024
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7 answers
2079
Could you please elaborate on the fees associated with using a Bitcoin ATM? I'm curious to know if there are any standard charges or if they vary depending on the location or service provider. Also, are there any hidden costs that users should be aware of? It would be helpful to get a general understanding of the cost structure involved in utilizing a Bitcoin ATM.
7 answers
GyeongjuGlory
Tue Jun 04 2024
Cryptocurrency transactions via Bitcoin ATMs often incur fees ranging from 9% to 12% for purchasing Bitcoin.
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EchoSolitude
Tue Jun 04 2024
However, it's not uncommon to encounter fees as low as 4% or as high as 20%, depending on various factors.
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BusanBeautyBlooming
Tue Jun 04 2024
In contrast, online cryptocurrency exchanges often offer more competitive rates for transactions in highly liquid currencies like Bitcoin.
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Alessandro
Mon Jun 03 2024
Many of these exchanges charge less than 1.5% on transactions, providing a cost-effective alternative to Bitcoin ATMs.
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DaeguDivaDance
Mon Jun 03 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services including spot trading, futures trading, and wallet management.
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