How much does it cost to withdraw cash from a Bitcoin ATM?
Dmytro AntonovychJan 11, 2022 · 3 years ago3 answers
What is the average cost of withdrawing cash from a Bitcoin ATM?
3 answers
- Jan 11, 2022 · 3 years agoThe cost of withdrawing cash from a Bitcoin ATM can vary depending on several factors. Generally, you can expect to pay a fee ranging from 3% to 8% of the transaction amount. Some Bitcoin ATMs may charge a fixed fee, while others may calculate the fee based on a percentage. Additionally, the exchange rate used by the Bitcoin ATM may also affect the overall cost. It's important to check the fees and exchange rates offered by different Bitcoin ATMs before making a withdrawal to ensure you get the best deal.
- Jan 11, 2022 · 3 years agoWithdrawing cash from a Bitcoin ATM usually incurs a fee, which can be a percentage of the transaction amount or a fixed fee. The exact cost may vary depending on the specific Bitcoin ATM and its operator. It's advisable to check the fee structure of the Bitcoin ATM you plan to use before making a withdrawal. Additionally, keep in mind that the exchange rate used by the Bitcoin ATM may also impact the final cost of the transaction.
- Jan 11, 2022 · 3 years agoAt BYDFi, the cost of withdrawing cash from a Bitcoin ATM is determined by the specific Bitcoin ATM operator. Different operators may have different fee structures and exchange rates. It's recommended to check the fee details provided by the Bitcoin ATM operator before making a withdrawal. Additionally, consider comparing the fees and rates offered by other Bitcoin ATMs in your area to ensure you get the best value for your cash withdrawal.
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