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RE: ✴️ FIRST BITCOIN ATM MACHINE IN LAS VEGAS!! 😳🤑
I've been interested in seeing one. Thanks for the pictures. How much is the fee they charge?
I've been interested in seeing one. Thanks for the pictures. How much is the fee they charge?
@harbringer50 , @thebul
Current worldwide average bitcoin ATM fee is 8.4% for buying bitcoins from machines, and 5.4% for selling bitcoins for cash.
USA is the largest market with 520 (58% of all worldwide) bitcoin ATMs installed in the country.
Canada is the second largest market with 135 (15%) bitcoin ATMs installed in the country.
United Kingdom is the third largest market with 46 (5%) bitcoin ATMs installed in the country.
Lamassu and General Bytes operators charge on average similar fee ~6.5%, and General Bytes operators fee distribution is more dense around the mean value. Then there are Bitaccess machines with ~7.5% on average. The most expensive to use are Genesis Coin machines with an average of 11% buy bitcoin fee.