Cryptocurrency Q&A
How much does Bitcoin ATM charge per $1000 in the USA?
How much does Bitcoin ATM charge per $1000 in the USA?
TaegeukChampionship
Tue Sep 10 2024
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6 answers
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I'm curious to know, when it comes to Bitcoin ATMs in the United States, what is the average fee charged for transacting $1000 worth of Bitcoin? Does this fee vary significantly across different Bitcoin ATM providers or locations? Understanding the transaction costs associated with using Bitcoin ATMs can help consumers make more informed decisions when choosing how to buy or sell cryptocurrency.
6 answers
Nicolo
Thu Sep 12 2024
The cost of withdrawing $1,000 through a Bitcoin ATM varies significantly depending on the provider.
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EchoPulse
Thu Sep 12 2024
Byte Federal, a notable ATM operator, discloses that their machines might impose fees ranging from 10% to 25% of the transaction amount.
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GyeongjuGloryDaysFestival
Thu Sep 12 2024
On the other hand, CoinFlip ATMs offer a more competitive rate, with fees ranging from 4.99% to 21.90% for the same amount.
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DondaejiDelightful
Thu Sep 12 2024
These fees can significantly impact the overall cost of using Bitcoin ATMs, making it essential for users to compare rates before making a transaction.
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PulseRider
Wed Sep 11 2024
It's crucial to note that these fees are not fixed and may vary depending on the market conditions, the ATM's location, and other factors.
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