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What are the fees for using a bitcoin ATM in Maryland?

avatarbrendanDec 17, 2021 · 3 years ago3 answers

I'm interested in using a bitcoin ATM in Maryland, but I'm not sure about the fees involved. Can you provide me with more information about the fees for using a bitcoin ATM in Maryland?

What are the fees for using a bitcoin ATM in Maryland?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Using a bitcoin ATM in Maryland typically incurs fees that can vary depending on the specific machine and location. These fees usually include a percentage-based fee on the transaction amount, as well as a fixed fee. It's important to note that the fees for using a bitcoin ATM can be higher compared to other methods of buying or selling bitcoin. Make sure to check the fees displayed on the machine before proceeding with your transaction.
  • avatarDec 17, 2021 · 3 years ago
    When using a bitcoin ATM in Maryland, you can expect to pay fees for both buying and selling bitcoin. The fees are usually displayed on the machine's screen before you confirm your transaction. It's recommended to compare the fees of different bitcoin ATMs in your area to ensure you're getting the best deal. Additionally, keep in mind that fees may vary depending on the current market conditions and the specific bitcoin ATM operator.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, a popular bitcoin ATM operator in Maryland, the fees for using their machines are competitive and transparent. They charge a percentage-based fee on the transaction amount, which is clearly displayed on the machine's screen. BYDFi aims to provide a user-friendly experience with fair and reasonable fees. However, it's always a good idea to compare the fees of different bitcoin ATMs in your area to find the best option for your needs.