Cryptocurrency Q&A
Is Bitcoin Depot ATM trustworthy?
Is Bitcoin Depot ATM trustworthy?
Alessandro
Wed Dec 11 2024
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7 answers
1361
I'm considering using a Bitcoin Depot ATM to buy or sell Bitcoin, but I'm not sure if it's trustworthy. I've heard mixed reviews about these ATMs and want to know if my transactions will be secure and reliable through Bitcoin Depot.
7 answers
GwanghwamunGuardianAngel
Fri Dec 13 2024
Instead, I only received $820 worth of Bitcoin after the fee was deducted.
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CryptoLordGuard
Fri Dec 13 2024
This fee structure is notably high compared to other ATMs or exchange platforms.
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SumoPowerful
Fri Dec 13 2024
Bitcoin Depot ATM imposes a fee of 20% on transactions.
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CryptoWanderer
Fri Dec 13 2024
The significant deduction may lead to questions regarding the fairness and transparency of Bitcoin Depot ATM's pricing model.
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HanjiHandiwork
Fri Dec 13 2024
The high fee could potentially impact users' trust in the service, as it suggests a lack of competitiveness or consumer-friendliness.
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