It seems like bitcoin ATMs are popping up just about everywhere today. There are lots of different bitcoin ATM companies out there and each have their own fees they charge for purchasing bitcoin. Some ATM companies charge between 15% to 25% fees. Lets explore some different machine types and fees charged for using them in the St Louis area.
LibertyX
LibertyX offers some of the lowest bitcoin ATM fees in the industry. With an average purchasing fee of 8%, you can rest assured that your bitcoin is delivered to your wallet instantly after your purchase is complete. Online exchange providers can make you wait up to 15+ days before you can withdraw your bitcoin. With LibertyX, your bitcoin is available instantly.
LibertyX has hundreds of debit card ATMs in St Louis that you can use to purchase bitcoin. Also, you can purchase with cash at several retail stores and cash kiosks around the St Louis area.
Other ATM Company 1
At a local Circle K store in St Louis, another ATM company is charging 25% for bitcoin purchases. This is well above acceptable fees charged for buying bitcoin. In addition, the company trys to hide their fees publicly, so you wont realize what you’re paying till you get to the machine. Even then, the company shows you a higher than normal exchange rate as your fee. You would have to check and compare different rates online and calculate their fee percentage yourself, which is not very customer friendly.
Other ATM Company 2
Another company has an ATM at a local small supermarket. Though this machine may allow you to purchase more bitcoin daily with high limits account, they charge 15% + a variable fee of $2.00 per transaction. This is still very high percentage rate for customers to pay for purchasing bitcoin, and double the rate that LibertyX charges.
Still have questions?
If you have any other questions about buying bitcoin, have burning recommendations on where we should add locations, or anything else, we want to hear from you!
- Email: support@libertyx.com
- Phone: +1 (800) 511-8940
- Live-chat: Chat box on the lower right hand corner of the LibertyX Help Desk screen