How can I avoid high international ATM fees when buying cryptocurrencies?

7 answers

• Dec 18, 2021 · 3 years ago
  One way to avoid high international ATM fees when buying cryptocurrencies is to use a local cryptocurrency exchange instead. By using a local exchange, you can avoid the need to withdraw cash from an international ATM and directly purchase cryptocurrencies using your local currency. This can help you save on ATM fees and potentially get a better exchange rate as well.
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• Dec 18, 2021 · 3 years ago
  Another option to avoid high international ATM fees when buying cryptocurrencies is to use a peer-to-peer trading platform. These platforms connect buyers and sellers directly, allowing you to purchase cryptocurrencies without the need for an ATM. Additionally, peer-to-peer trading platforms often have lower fees compared to traditional exchanges, making it a cost-effective option.
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• Dec 18, 2021 · 3 years ago
  If you prefer to use an international ATM to buy cryptocurrencies, you can consider using BYDFi. BYDFi is a digital currency exchange that offers competitive rates and low fees for international ATM transactions. With BYDFi, you can conveniently withdraw cash from an international ATM and use it to buy cryptocurrencies without worrying about excessive fees.
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• Dec 18, 2021 · 3 years ago
  To avoid high international ATM fees when buying cryptocurrencies, you can also consider using a debit card that offers low or no foreign transaction fees. Many banks and financial institutions offer debit cards specifically designed for international travelers, which can help you save on ATM fees and currency conversion charges.
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• Dec 18, 2021 · 3 years ago
  When buying cryptocurrencies through an international ATM, it's important to compare the fees and exchange rates offered by different ATMs and exchanges. Some ATMs may have lower fees or better exchange rates than others, so it's worth doing some research before making a transaction. Additionally, consider withdrawing larger amounts of cash at once to minimize the impact of ATM fees.
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• Dec 18, 2021 · 3 years ago
  If you frequently travel internationally and buy cryptocurrencies, it may be worth considering opening a bank account in a country where you often visit. This can help you avoid international ATM fees altogether, as you can use a local bank account to directly purchase cryptocurrencies without the need for an ATM.
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• Dec 18, 2021 · 3 years ago
  Another option to avoid high international ATM fees when buying cryptocurrencies is to use a prepaid travel card. These cards allow you to load multiple currencies onto a single card, which can be used to make purchases or withdraw cash from ATMs abroad. Look for a prepaid travel card that offers low or no ATM fees to minimize your costs when buying cryptocurrencies.
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