Cryptocurrency Q&A
How does coin star work?
How does coin star work?
Raffaele
Mon Nov 18 2024
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5 answers
1270
I'm curious about how Coin Star operates. I've seen these machines in supermarkets and want to understand the process behind them. How does it accept, count, and give credit for coins?
5 answers
SumoPowerful
Wed Nov 20 2024
Coinstar machines impose a fee for their service.
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CryptoElite
Wed Nov 20 2024
The cost of this fee can vary depending on various factors.
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BonsaiStrength
Tue Nov 19 2024
However, the standard processing fee for cash transactions through Coinstar machines is typically set at 10.9%.
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Riccardo
Tue Nov 19 2024
For those opting to donate their coins to charity through Coinstar, the fee is slightly lower, at 7%.
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SolitudeNebula
Tue Nov 19 2024
This means that if you were to insert 100 pennies into a Coinstar machine for a cash transaction, you would receive 89 cents in return.
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