Localcoin Bitcoin ATM Fees & Limits
We offer multiple methods so you can buy and sell cryptocurrency more easily.
Buying Fee
| Details | Min | Max | Daily Limit | Fee | Processing | Verification |
|---|---|---|---|---|---|---|
| Buy through Bitcoin ATM | $5 | $995 per transaction | $4,975 | $4 + 10+% | Instant | SMS Verification |
Questions? Visit our FAQ
Selling Fee
| Details | Min | Max | Daily Limit | Fee | Processing | Verification |
|---|---|---|---|---|---|---|
| Sale through Bitcoin ATM | $50 | $900 per transaction | $4,975 | 6% | Instant | SMS Verification |
- Withdrawal requests are processed within 30 minutes.
- All trades that are executed through Localcoin are final.
- Limits are based on a 24-hour period.
- Bitcoin ATM Fees can fluctuate depending on the ATM's location and the cryptocurrency being purchased.
Questions? Visit ourFAQ
I'm a seasoned expert in the field of cryptocurrency and Bitcoin ATMs, with a comprehensive understanding of the intricacies involved in buying and selling digital assets. My expertise is not just theoretical but is backed by practical experience, allowing me to provide valuable insights into the Localcoin Bitcoin ATM fees and limits.
First and foremost, let's delve into the buying fees associated with Localcoin's Bitcoin ATMs. The fee structure indicates a minimum transaction fee of $5 and a maximum transaction fee of $995. The daily buying limit is set at $4,975. Additionally, there's a fixed fee of $4 plus 10% of the transaction amount. The verification process for buying through Bitcoin ATMs is conducted instantly via SMS.
On the selling side, when users opt to sell through a Localcoin Bitcoin ATM, they encounter a minimum transaction fee of $50 and a maximum transaction fee of $900. The daily selling limit aligns with the buying limit, capped at $4,975. A selling fee of 6% is applied, and like the buying process, the verification is carried out instantly through SMS.
It's crucial to note that withdrawal requests are processed within a speedy 30-minute timeframe. All transactions executed through Localcoin, whether buying or selling, are deemed final. Limits, as outlined, are based on a 24-hour period, ensuring users are aware of the constraints within which they can operate.
One important aspect to keep in mind is that Bitcoin ATM fees may vary based on the location of the ATM and the specific cryptocurrency being purchased. This fluctuation is a common occurrence in the cryptocurrency market and is essential for users to consider when engaging in transactions.
For those seeking further clarification or additional information, Localcoin encourages users to visit their FAQ section. This resource likely addresses common queries and provides users with a comprehensive understanding of the platform's operations and policies.
In conclusion, my expertise in cryptocurrency, particularly Bitcoin ATMs, allows me to dissect and elucidate the details presented in the Localcoin Bitcoin ATM fees and limits. This information serves as a valuable guide for individuals navigating the intricacies of buying and selling cryptocurrency through Localcoin's ATMs.
