Questions tagged [10% fee]

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KatieAnderson KatieAnderson Sat Jun 08 2024 | 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?

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

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