common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with buying bitcoin at an ATM machine?

avatarLare xabatDec 16, 2021 · 3 years ago3 answers

I'm interested in buying bitcoin at an ATM machine, but I'm wondering if there are any fees associated with it. Can someone please provide more information on the fees involved in buying bitcoin at an ATM machine?

Are there any fees associated with buying bitcoin at an ATM machine?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are usually fees associated with buying bitcoin at an ATM machine. These fees can vary depending on the specific ATM machine and the operator. Some ATMs charge a percentage fee based on the transaction amount, while others may charge a flat fee. It's important to check the fee structure of the ATM machine before making a purchase to avoid any surprises. Additionally, keep in mind that the fees charged by the ATM machine may be in addition to any fees charged by your bitcoin wallet or exchange.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Just like any other service, using an ATM machine to buy bitcoin comes with fees. The fees can vary depending on the location and the operator of the ATM machine. Some ATMs charge a fixed percentage fee, while others charge a flat fee. It's always a good idea to check the fee structure before making a purchase. Remember, these fees are in addition to any fees charged by your bitcoin wallet or exchange.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with buying bitcoin at an ATM machine. However, the fees can vary depending on the ATM machine and the operator. Some ATMs charge a percentage fee, while others charge a flat fee. It's important to do your research and compare the fees of different ATM machines before making a purchase. As for BYDFi, they offer a transparent fee structure for buying bitcoin at their ATMs, which can be found on their website. Keep in mind that the fees charged by the ATM machine may be in addition to any fees charged by your bitcoin wallet or exchange.