Author

Topic: A Question About Bitcoin ATMs! (Read 86 times)

mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
May 06, 2018, 08:32:28 PM
#3
Just like TryNinja said, pretty much every single bitcoin ATM has high fees, due to them needing to pay for the ATM itself. If you wanted to save money, probably go with LocalBitcoins[1]. Just select your country and choose the category of what payment method you prefer, then you're good to go.


[1] https://localbitcoins.com/
legendary
Activity: 2758
Merit: 6830
May 06, 2018, 07:18:34 PM
#2
Every Bitcoin ATM has high fees. I would advise you to check a BTC ATM map (like this one) at your city and see which fees they take on the ATM provider website.

40% ($8 of $20) fees seems a bit overkill. How much was taken in the transaction fee (not the ATM fee)? For example, (IIRC) Coinucopia charges "only" 12%.
newbie
Activity: 2
Merit: 0
May 06, 2018, 07:07:30 PM
#1
Hey there.  Total newbie here, bare with me.
Which Bitcoin ATM has the lowest fees?
Yesterday I went to my first one, stuck a $20 in. 
When all was said n done I received the equivalent of $12 in my wallet.

Thanks for your help!
Jump to: