What is Bitcoin ATM fee?

Bitcoin ATMs are becoming increasingly popular as they offer a quick and straightforward method for individuals to engage in Bitcoin transactions. With over 38,000 of these machines scattered across the globe, they are readily accessible to a wide audience.

The majority of Bitcoin ATMs are situated within the United States, reflecting the country's position as a leading hub for cryptocurrency adoption and activity. This accessibility allows Americans to easily buy and sell bitcoin, promoting further adoption and use of the digital currency.

Despite their convenience, Bitcoin ATMs come with a significant drawback. Users may be subject to transaction fees ranging from 4% to 25% of the total value of their transaction, depending on the specific ATM they choose to utilize.

These fees can significantly impact the overall cost of buying or selling bitcoin, making it essential for individuals to carefully consider their options before selecting an ATM.

In addition to Bitcoin ATMs, there are various other platforms and services available for buying and selling cryptocurrencies. One such example is BTCC, a top cryptocurrency exchange that offers a range of services including spot trading, futures trading, and cryptocurrency wallets.