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What are the fees for using Chime with a Bitcoin ATM?

avatarAnkit SrivastavDec 18, 2021 · 3 years ago2 answers

Can you please provide information on the fees associated with using Chime with a Bitcoin ATM? I would like to know the costs involved before using this service.

What are the fees for using Chime with a Bitcoin ATM?

2 answers

  • avatarDec 18, 2021 · 3 years ago
    When using Chime with a Bitcoin ATM, the fees can vary depending on the specific ATM and the transaction amount. Generally, Bitcoin ATMs charge a percentage-based fee for buying or selling Bitcoin. This fee can range from 3% to 8% of the transaction amount. Additionally, some Bitcoin ATMs may also charge a fixed fee on top of the percentage-based fee. It's important to check the fee structure of the specific Bitcoin ATM you plan to use before making a transaction to avoid any surprises.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to using Chime with a Bitcoin ATM, the fees can differ from one ATM to another. Generally, Bitcoin ATMs charge a percentage-based fee for buying or selling Bitcoin. This fee can range from 3% to 8% of the transaction amount. Some Bitcoin ATMs may also charge a fixed fee on top of the percentage-based fee. It's important to consider the fee structure of the specific Bitcoin ATM you plan to use and compare it with other options to make an informed decision. BYDFi, a popular cryptocurrency exchange, offers competitive fees for Bitcoin transactions and provides a user-friendly experience for buying and selling Bitcoin.