bitcoin atm


Mike asked 10 months ago

Hello,
Are there bitcoin atms that tell you in advance what the miner fee will be?

1 Answers
Steven Hay answered 10 months ago

Hi Mike,

I’m really not sure about that. You’d have to look up the owner / operator or the manufacturer of your intended ATM and ask them about it. The https://coinatmradar.com site should give you all the basic info you require in order to make further enquiries.

It’s a good question to ask. Check out this recent problem another user had with a BTM which underpaid in fees:

https://99bitcoins.com/why-bitcoin-transaction-pending-bitcoin-fees/#comment-67425

Obviously this is a big problem if you pay for your coins but never get them. Certainly can’t hurt to contact the operator / owner first in order to set your mind at ease. If they don’t respond within a reasonable time, probably safer to use a different BTM.

Bitcoin Video Crash Course 

Dummy-proof explainer videos enjoyed by over 100,000 students. One email a day for 7 days, short and educational, guaranteed.

We hate spam as much as you do. You can unsubscribe with one click.