Bitcoin ATMs have been around since 2013, and their numbers have been growing steadily since then. Today, there are over 4,000 Bitcoin ATMs in operation around the world.1
Bitcoin ATM fees vary depending on the operator, but they are typically in the range of 5-10%.2 Some operators charge a flat fee, while others charge a percentage of the transaction value.
The cost of using a Bitcoin ATM can also vary depending on the amount of money you are looking to transact. For small transactions, the fee is often not much different from what you would pay for using a traditional ATM.
For larger transactions, however, the fee can be a significant percentage of the total transaction value.
When deciding whether or not to use a Bitcoin ATM, it is important to compare the fees charged by different operators. You should also consider the convenience of the location and the hours of operation.
Using a Bitcoin ATM is not free, but it can be a convenient way to buy or sell bitcoins if you find a good location with reasonable fees.