Cryptocurrency Q&A Does bitcoin depot charge a fee?

Does bitcoin depot charge a fee?

Daniele Daniele Fri Jul 05 2024 | 8 answers 2119
Excuse me, I'm just wondering about the financial implications of using Bitcoin Depot. Could you please elaborate on whether Bitcoin Depot imposes any fees on its users? I'm particularly interested in knowing if there are any deposit or withdrawal charges, as well as any transaction fees. It's important for me to understand the total cost of using this service, so I can make an informed decision about whether it's suitable for my needs. Your clarity in this matter would be greatly appreciated. Does bitcoin depot charge a fee?

8 answers

Martina Martina Sun Jul 07 2024
Today, the ATM exchange rate for a single bitcoin stood at $11,294.

Was this helpful?

46
92
Stefano Stefano Sun Jul 07 2024
Upon contacting the customer service support of Bitcoin Depot, I was informed that all their ATMs levy a 20% fee.

Was this helpful?

338
61
Ilaria Ilaria Sun Jul 07 2024
This revelation came as a surprise, given the substantial markup from the standard exchange rate.

Was this helpful?

283
24
noah_wright_author noah_wright_author Sun Jul 07 2024
The representative from their customer service, who seemingly operated from an Indian location, provided the details.

Was this helpful?

396
72
Martino Martino Sat Jul 06 2024
Given the high fees and potential lack of transparency, customers should exercise caution before using Bitcoin Depot ATMs for their cryptocurrency transactions.

Was this helpful?

326
79
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts