Unlike a traditional ATM, there is no fixed fee charged by the BTM. The price the bitcoin ATM charges is calculated real time and depends upon current market conditions and bitcoin supply. This rate varies from moment to moment and from exchange to exchange.
Fees also vary depending on our current supply of Bitcoin as well as market conditions (volatility).
The price is clearly displayed on the machine at the time of each transaction.
We offer discounts for high volume customers, contact us.
We don’t mention that we have a markup, or that we charge a fee, or that our rate is higher than others.
"Fees are set depending on market conditions and the amount of bitcoin that we have." Michael Dupree, April 27th, 2017
Whenever a customer asks about fees, we simply aren’t allowed to give them away (don’t tell the customer this, tell them that: we can’t check on our end because we don’t set them, the only way to know is by being physically at the location) so they’d have to do the math themselves. Customers usually follow up by asking for a ballpark, saying they’re around 10% is okay. Also if the customer is too adamant about know how much would a bitcoin cost at our ATMs, you can click here for a quick guide how to get the fees of the genesis ATMs and you can click here for a quick guide how to get the fees for the DAVE ATMs.