How much does a bitcoin ATM charge per transaction?

3 answers

• Dec 17, 2021 · 3 years ago
  The average fee charged by bitcoin ATMs for each transaction varies depending on the specific ATM and location. Generally, the fee ranges from 3% to 8% of the transaction amount. Some ATMs may charge a fixed fee instead of a percentage. It's important to check the fee structure of the ATM before making a transaction to avoid any surprises.
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• Dec 17, 2021 · 3 years ago
  Bitcoin ATMs typically charge a fee for each transaction to cover the costs of operating and maintaining the machines. The fee can be calculated as a percentage of the transaction amount or a fixed fee. The exact fee amount may vary between ATMs and can also depend on factors such as the location and demand. It's recommended to compare the fees of different ATMs in your area to find the most cost-effective option.
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• Dec 17, 2021 · 3 years ago
  According to a recent study, the average fee charged by bitcoin ATMs for each transaction is around 7%. However, it's worth noting that fees can vary significantly depending on the specific ATM and location. Some ATMs may charge higher fees due to factors such as higher operational costs or lower competition. It's always a good idea to check the fee structure of the ATM before using it to ensure you're aware of any fees involved.
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