Cryptocurrency Q&A How much does Coinme ATM charge?

How much does Coinme ATM charge?

Eleonora Eleonora Sun Oct 13 2024 | 5 answers 1440
I want to know the fee charged by Coinme ATM for transactions. I'm curious about the amount they deduct as a charge when using their ATM services. How much does Coinme ATM charge?

5 answers

StarlitFantasy StarlitFantasy Tue Oct 15 2024
In addition to the cash exchange fee, Coinme charges a flat $2.50 transaction fee for each withdrawal. This fee is not tied to the transaction amount, providing a predictable cost for users regardless of the size of their withdrawal.

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CryptoLord CryptoLord Tue Oct 15 2024
The cost associated with Bitcoin ATM transactions varies greatly among operators, with some applying uniform fees for both buying and selling cryptocurrency, while others offer more favorable rates for the latter. This disparity highlights the importance of researching individual ATM providers to ensure the most cost-effective transaction.

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CryptoQueen CryptoQueen Tue Oct 15 2024
One notable player in the Bitcoin ATM space is Coinme, which offers competitive fees for cashing out crypto at their participating machines. Their fee structure consists of a cash exchange fee that can reach up to 1.99%, alongside a fixed $2.50 transaction fee.

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CryptoNinja CryptoNinja Tue Oct 15 2024
The 1.99% cash exchange fee imposed by Coinme is relatively low compared to some other Bitcoin ATM providers, making it an attractive option for those looking to convert their digital assets into cash. This percentage-based fee is calculated based on the amount of cryptocurrency being exchanged.

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Margherita Margherita Mon Oct 14 2024
The combination of a competitive cash exchange fee and a reasonable transaction fee makes Coinme an appealing choice for individuals seeking to sell their cryptocurrency at a Bitcoin ATM. By researching and comparing different providers, users can ensure they are getting the best possible deal when it comes to fees.

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