KatieAnderson
Sat Jun 08 2024
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5 answers
826
How much does Bitcoin ATM charge for $1000?｜The fees can range anywhere from . To calculate the fee for a $1000 transaction, let's assume a fee of 10%. In this case, the fee would be $1000 * 10% = $100. Therefore , if the Bitcoin ATM has a 10% fee, you would receive $900 worth of Bitcoin for a $1000 cash transaction.5% to 15% or even higher in some cases
Could you please clarify the fee structure for a Bitcoin ATM transaction? Specifically, I'm interested in knowing how much it would cost to convert $1000 into Bitcoin. I've heard that the fees can vary quite a bit, ranging from as low as 5% to as high as 15% or even more in certain situations. Assuming a 10% fee for the sake of calculation, would that mean I'd only receive $900 worth of Bitcoin for my $1000 cash deposit? Is there a way to find out the exact fee before making the transaction?
Tommaso
Sat Jun 08 2024
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6 answers
1456
Can you withdraw cash from Bitcoin ATM?｜. Bitcoin ATMs do not operate like traditional ATMs. In order to make a cash withdrawal and sell your Bitcoin from the ATM, the machine provides a QR code to which you send your Bitcoin. You simply wait a couple of minutes and receive your cash.Bitcoin ATMs are a way to get immediate access to cash using your bitcoins
Could you please elaborate on the process of withdrawing cash from a Bitcoin ATM? Unlike standard ATMs, how does the Bitcoin ATM function? Is it simply a matter of scanning a QR code and waiting a few minutes for the cash? How does selling Bitcoin through the ATM work? Finally, are Bitcoin ATMs a reliable method for quickly converting bitcoins into physical currency?
CryptoChampion
Sat Jun 08 2024
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5 answers
692
What is the minimum deposit on a Bitcoin ATM?｜To use one of our BTMs, you will need: A digital wallet for the cryptocurrency you're buying (BTC) Cash () Your phone number for verification.minimum of $20
Could you kindly explain what the minimum deposit required is for using a Bitcoin ATM? I understand that to utilize your BTM services, certain prerequisites must be met, including having a digital wallet compatible with the cryptocurrency I intend to purchase, namely Bitcoin. Additionally, cash is obviously necessary for the transaction. However, I'm particularly interested in knowing the minimum amount of cash that I need to bring along in order to make a deposit through your ATM. Is it a set amount, like the mentioned "$20", or does it vary depending on certain factors? Thank you for clarifying this point for me.
SejongWisdomKeeperElite
Sat Jun 08 2024
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7 answers
1789
What is the maximum withdrawal from Bitcoin?｜Bitcoin ATMs & Withdrawal Limits Bitcoin ATM withdrawal limits are necessary and reasonable, in most regions.up to $10,000 per day
Could you please clarify something for me? I'm trying to understand the withdrawal limits associated with Bitcoin. Could you tell me what the maximum amount one can withdraw from a Bitcoin ATM in a single day is? I've heard varying reports, but some mention a limit of up to $10,000. Is this accurate? And if so, are there any factors that might affect this limit, such as location or the specific ATM provider? Thank you for your assistance in clarifying this matter.
alexander_smith_musician
Sat Jun 08 2024
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6 answers
1275
Can I buy Bitcoin in ATM machine?｜A: To use a Bitcoin ATM, first ensure you have a digital Bitcoin wallet. At the ATM, select the type of cryptocurrency you wish to purchase, scan the barcode of your wallet, insert cash, and confirm the transaction. The cryptocurrency will then be transferred to your wallet.
Can you please elaborate on the process of purchasing Bitcoin through an ATM machine? I'm curious about the steps involved and what prerequisites are necessary. For instance, do I need to have a specific type of wallet, and how do I ensure that the transaction is secure? Additionally, are there any fees associated with using a Bitcoin ATM, and how do I find one near me? I'm eager to understand the entire process so I can make an informed decision about whether or not to use this method for purchasing Bitcoin.
