common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

Are there any fees involved when getting cash from a bitcoin ATM?

avatarRosNov 26, 2021 · 3 years ago3 answers

What are the fees associated with withdrawing cash from a bitcoin ATM?

Are there any fees involved when getting cash from a bitcoin ATM?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, there are fees involved when getting cash from a bitcoin ATM. The fees can vary depending on the specific bitcoin ATM and the operator. Generally, the fees range from 3% to 10% of the transaction amount. It's important to note that these fees are in addition to any fees that may be charged by your bitcoin wallet or exchange.
  • avatarNov 26, 2021 · 3 years ago
    When using a bitcoin ATM to withdraw cash, you can expect to pay a fee. The fee is usually a percentage of the amount you withdraw and can range from 3% to 10%. It's a good idea to check the fee structure of the specific bitcoin ATM you plan to use before making a withdrawal.
  • avatarNov 26, 2021 · 3 years ago
    According to BYDFi, a popular bitcoin exchange, the fees for cash withdrawals from bitcoin ATMs can vary. Some bitcoin ATMs charge a fixed fee, while others charge a percentage of the transaction amount. It's important to check the fee structure of the bitcoin ATM you plan to use to understand the exact fees involved.