Are there any fees associated with getting cash from a Bitcoin ATM?

3 answers

• Gabriel MontesJan 26, 2022 · 4 years ago
  Yes, there are usually fees associated with getting cash from a Bitcoin ATM. The fees can vary depending on the specific Bitcoin ATM and its location. Typically, the fees range from 3% to 10% of the total amount you withdraw. Some Bitcoin ATMs may also charge additional fees for using their services. To avoid or minimize these fees, you can try to find Bitcoin ATMs that have lower fees or consider using alternative methods to convert your Bitcoin into cash.
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• RazimJun 18, 2024 · a year ago
  Absolutely! Just like any other service, Bitcoin ATMs charge fees for their convenience. The fees can vary depending on the Bitcoin ATM you use and its location. Generally, you can expect to pay around 5% to 7% in fees when withdrawing cash. However, it's important to note that these fees can change over time and may differ between Bitcoin ATMs. To find the best deal, it's recommended to check the fees of different Bitcoin ATMs in your area before making a withdrawal.
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• justSoSoMay 14, 2021 · 4 years ago
  Yes, there are fees associated with getting cash from a Bitcoin ATM. The fees can vary depending on the specific Bitcoin ATM and its location. Some Bitcoin ATMs charge a fixed fee, while others charge a percentage of the total amount you withdraw. It's important to check the fee structure of the Bitcoin ATM you plan to use before making a withdrawal. Additionally, some Bitcoin ATMs may have higher fees compared to others, so it's worth shopping around to find the most cost-effective option. At BYDFi, we strive to provide competitive fees for our Bitcoin ATMs, ensuring that our users get the best value for their cash withdrawals.
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