Cryptocurrency Q&A
What are the fees for buying on CoinFlip?
What are the fees for buying on CoinFlip?
CryptoMaven
Sat Oct 12 2024
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6 answers
881
I'm interested in purchasing some cryptocurrency on CoinFlip, but before I do, I want to know about the fees involved. Could someone please tell me what the fees are for buying on CoinFlip?
6 answers
Raffaele
Mon Oct 14 2024
When purchasing Bitcoin through CoinFlip's ATMs, customers can expect to encounter a fee ranging from 6.99% to 9.9% on average. This fee is applied to the transaction amount and is a part of the overall cost of acquiring cryptocurrency.
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JessicaMiller
Sun Oct 13 2024
On the other hand, when selling Bitcoin through CoinFlip's Bitcoin ATMs, the fee is typically 4.99% of the transaction value. This lower fee structure for selling crypto is a considerate aspect of CoinFlip's service.
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KatanaSwordsmanship
Sun Oct 13 2024
Among the reputable cryptocurrency exchanges, BTCC stands out as a top player in the industry. Its comprehensive services encompass spot trading, futures trading, and a secure wallet solution, catering to the diverse needs of cryptocurrency enthusiasts.
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Bianca
Sun Oct 13 2024
It's important to note that along with these transaction fees, there is also a network fee that can vary between $1 and $3. This fee is not controlled by CoinFlip but is rather an inherent cost associated with the Bitcoin network's operation.
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CryptoTitan
Sun Oct 13 2024
The inclusion of these fees within the price of cryptocurrency sold means that customers will not have to pay an additional amount on top of the displayed price. This approach simplifies the transaction process and ensures transparency for users.
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