Bitcoin ATMs are machines that allow you to buy Bitcoin with cash. They look like traditional ATMs, but they don’t dispense cash.
Instead, they dispense Bitcoin.
Bitcoin ATMs are a relatively new phenomenon, but they’re growing in popularity. There are now over 4,000 Bitcoin ATMs around the world, and that number is growing every day.
So, how much does a Bitcoin ATM cost? The answer depends on a few factors, including the ATM’s location, features, and fees.
On average, a Bitcoin ATM costs between $5,000 and $10,000. However, some ATMs can cost as much as $25,000.
The price of a Bitcoin ATM also varies depending on the features it offers. For example, some ATMs allow you to buy other cryptocurrencies in addition to Bitcoin, while others only allow you to buy Bitcoin.
In terms of fees, most Bitcoin ATMs charge between 5% and 10% per transaction. So, if you want to buy $100 worth of Bitcoin from a Bitcoin ATM, you can expect to pay between $5 and $10 in fees.
Overall, the cost of a Bitcoin ATM is relatively high when compared to traditional ATMs. However, the convenience and anonymity that they offer make them worth the price for many people.