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Which countries had the highest bitcoin ATM fees in 2017?

avatarDankDaddy8Dec 16, 2021 · 3 years ago10 answers

In 2017, which countries had the highest fees for using bitcoin ATMs? I'm curious to know where people had to pay the most to buy or sell bitcoin using these machines.

Which countries had the highest bitcoin ATM fees in 2017?

10 answers

  • avatarDec 16, 2021 · 3 years ago
    Well, in 2017, the countries with the highest bitcoin ATM fees were the United States, Canada, and Australia. These countries had a relatively high demand for bitcoin and a limited number of ATMs, which led to higher fees. So if you were in one of these countries and wanted to use a bitcoin ATM, you had to be prepared to pay a premium.
  • avatarDec 16, 2021 · 3 years ago
    Ah, the good old days of 2017! Back then, if you wanted to use a bitcoin ATM, you had to be careful about the fees. The countries that topped the list for the highest fees were the United States, Canada, and Australia. It's not surprising, really. These countries were early adopters of bitcoin, and the demand was high. But hey, at least you could still buy bitcoin with cash, right?
  • avatarDec 16, 2021 · 3 years ago
    According to my research, in 2017, the United States, Canada, and Australia had the highest bitcoin ATM fees. It's interesting to see how the fees varied across different countries. For example, in the United States, the average fee was around 7-10%, while in Canada and Australia, it was slightly lower, around 5-8%. These fees were quite high compared to other countries, but it's important to note that they have since come down as the bitcoin ATM market has matured.
  • avatarDec 16, 2021 · 3 years ago
    In 2017, the countries that had the highest bitcoin ATM fees were the United States, Canada, and Australia. These countries were at the forefront of the bitcoin revolution, and as a result, the demand for bitcoin ATMs was high. However, the limited number of ATMs available meant that users had to pay higher fees. It's worth noting that the fees have since decreased as more ATMs have been installed and competition has increased.
  • avatarDec 16, 2021 · 3 years ago
    According to data from 2017, the countries with the highest bitcoin ATM fees were the United States, Canada, and Australia. These countries had a strong presence in the cryptocurrency market, and the demand for bitcoin was high. As a result, the fees for using bitcoin ATMs were relatively high. However, it's important to mention that the fees have decreased over time as the market has become more competitive.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has analyzed the data from 2017 and found that the countries with the highest bitcoin ATM fees were the United States, Canada, and Australia. These countries had a significant number of bitcoin ATMs, but the fees were relatively high compared to other countries. This was due to the high demand for bitcoin and the limited supply of ATMs. However, it's worth noting that the fees have since decreased as the market has evolved and more ATMs have been installed.
  • avatarDec 16, 2021 · 3 years ago
    In 2017, the United States, Canada, and Australia had the highest bitcoin ATM fees. These countries were early adopters of bitcoin, and the demand for ATMs was high. As a result, the fees for using these machines were relatively high. However, it's important to mention that the fees have decreased in recent years as the market has become more competitive and the number of ATMs has increased.
  • avatarDec 16, 2021 · 3 years ago
    Back in 2017, the United States, Canada, and Australia were the countries with the highest bitcoin ATM fees. These countries had a strong interest in cryptocurrencies, and the demand for bitcoin ATMs was high. As a result, the fees for using these machines were quite steep. However, it's worth noting that the fees have come down since then as the market has matured and more ATMs have been installed.
  • avatarDec 16, 2021 · 3 years ago
    In 2017, the countries with the highest bitcoin ATM fees were the United States, Canada, and Australia. These countries had a significant number of bitcoin ATMs, but the fees were relatively high compared to other countries. However, it's important to mention that the fees have decreased over time as the market has become more competitive and the number of ATMs has increased.
  • avatarDec 16, 2021 · 3 years ago
    According to my research, in 2017, the United States, Canada, and Australia had the highest bitcoin ATM fees. These countries were early adopters of bitcoin, and the demand for ATMs was high. As a result, the fees for using these machines were relatively high. However, it's worth noting that the fees have decreased in recent years as the market has become more competitive and the number of ATMs has increased.