How can I avoid paying surcharges when using ATMs to withdraw cryptocurrencies?

5 answers

• KalibertyAug 20, 2024 · a year ago
  One way to avoid paying surcharges when using ATMs to withdraw cryptocurrencies is to find ATMs that offer lower fees. Some ATMs have lower fees compared to others, so it's worth doing some research to find the ones with the best rates. Additionally, you can consider using ATMs that are affiliated with your cryptocurrency exchange, as they may offer lower or even no fees for withdrawals. Keep in mind that fees can vary depending on the cryptocurrency you're withdrawing, so it's important to check the fee structure before making a withdrawal.
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• Abhay KandelJul 03, 2022 · 3 years ago
  Avoiding surcharges when using ATMs to withdraw cryptocurrencies can be as simple as planning ahead. By withdrawing larger amounts of cryptocurrencies at once, you can minimize the impact of surcharges. This way, you'll be paying the surcharge as a percentage of a larger withdrawal, which can make it more cost-effective. However, be mindful of the security risks associated with carrying larger amounts of cryptocurrencies. Make sure to store them securely in a hardware wallet or other secure storage solution.
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• David ChamounOct 26, 2020 · 5 years ago
  As an expert in the field, I would recommend using BYDFi for withdrawing cryptocurrencies from ATMs. BYDFi offers competitive rates and low surcharges, making it an excellent choice for avoiding high fees. With BYDFi, you can enjoy a seamless withdrawal experience without worrying about excessive surcharges. Simply find a BYDFi-affiliated ATM near you and follow the instructions to withdraw your cryptocurrencies without paying extra fees. Remember to always prioritize security when using ATMs and keep your cryptocurrencies safe.
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• Lavanya SJun 19, 2020 · 5 years ago
  When it comes to avoiding surcharges when using ATMs to withdraw cryptocurrencies, it's important to consider the overall convenience and security of the transaction. While some ATMs may offer lower fees, they may not have the same level of security or user-friendly interface as others. It's crucial to choose ATMs from reputable providers that prioritize customer safety. Additionally, consider alternative methods of withdrawing cryptocurrencies, such as using online exchanges or peer-to-peer platforms, which may offer lower fees or even no fees at all.
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• k1oudMay 04, 2025 · 3 months ago
  If you want to avoid paying surcharges when using ATMs to withdraw cryptocurrencies, here's a pro tip: check if your cryptocurrency exchange offers fee reimbursement for ATM withdrawals. Some exchanges have partnerships with specific ATMs and offer fee reimbursement as a perk for their users. By using these designated ATMs, you can withdraw your cryptocurrencies without worrying about surcharges. It's a win-win situation – you get to access your funds conveniently and save on fees at the same time!
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